Zurich Financial Services

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
4,500 jobs
Number of planned job losses
Job loss
Announcement Date
5 September 2002
Employment effect (start)
Foreseen end date
1 December 2004

Description

2000 jobs to be cut in UK and Asia; most of the redundancies could be normal staff turnover

Citation

Eurofound (2002), Zurich Financial Services, Internal restructuring in World, factsheet number 59116, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59116.