Type
Internal restructuring
Country
Italy
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security
65 - Insurance, reinsurance and pension funding, except compulsory social security

600 jobs
Number of planned job losses
Job loss
Announcement Date
22 January 2003
Employment effect (start)
1 January 2003
Foreseen end date
1 January 2003

Description

the company has presented the Corporate business plan for the period 2003 2005. The plan oversees a work force reduction of 2800 employees at group level. the Italian threatened jobs are 600. the company did not discloses more details on the restructuring plan


Sources

Citation

Eurofound (2003), Assicurazioni Generali, Internal restructuring in Italy, factsheet number 60010, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60010.