Internal restructuring
Location of affected unit(s)
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

200 - 250 jobs
Number of planned job losses
Job loss
Announcement Date
25 April 2007
Employment effect (start)
Foreseen end date
31 December 2009


On 25 April 2007, the life insurance provider Alte Leipziger announced its plans to cut between 200 and 250 jobs by the end of 2009. The job cuts are part of the company's decision to reduce costs by 30 million Euros in order to improve its competitiveness. Alte Leipziger stated that it seeks a socially acceptable solution with regards to the jobs to be cut. The company currently employs a workforce of 1,250 people in Germany.


  • 26 April 2007: Financial Times Deutschland
  • 26 April 2007: Handelsblatt


Eurofound (2007), Alte Leipziger, Internal restructuring in Germany, factsheet number 65281, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65281.