Type
Offshoring/Delocalisation
Country
Luxembourg
Region
Luxembourg;
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
New offshoring locations

100 jobs
Number of planned job losses
Job loss
Announcement Date
17 August 2026
Employment effect (start)
17 August 2026
Foreseen end date

Description

Universal Investment Luxembourg, a Luxembourgish financial services firm, announced the restructuring of part of its EFA activities, affecting about 100 employees across Luxembourg and 70 across Germany by relocating operations to Poland.

The plan threatens roughly one hundred staff in Luxembourg and around seventy in Germany. The move is driven by market competitiveness and evolving client demands, reflecting a deliberate shift to consolidate services abroad while maintaining growth prospects for the company. Unions OGBL and LCGB have voiced strong support for employees and demand transparency regarding job impacts and future prospects.

While explicit details on dismissal mechanisms remain undisclosed, unions emphasize collective negotiations and protective measures against redundancies.


Citation

Eurofound (2026), Universal investment, Offshoring/Delocalisation in Luxembourg, factsheet number 301099, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/301099.