Internal restructuring
Ostösterreich; Wien;
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 jobs
Number of planned job losses
Job loss
Announcement Date
21 September 2011
Employment effect (start)
21 September 2011
Foreseen end date
20 September 2012


The Austrian insurance group Uniqa is to cut 200 out of its 1,000 jobs in its headquarters in Vienna within the next 12 months. This is part of a larger restructuring process with a total of 600 redundancies out of 9,000 administrative jobs in the 21 countries where the insurance company is operating. The step is in part due to duplications in the administrative processes which have resulted from a number of company mergers. Socially acceptable solutions are to be found, according to the company's CEO Mr Brandstetter; dismissals are only to be implemented if no agreement can be found. The company has reserved EUR 80 million for these socially acceptable staff reduction measures.


  • 21 September 2011: Wiener Zeitung
  • 22 September 2011: Wirtschaftsblatt
  • 21 September 2011: Die Presse
  • 21 September 2011: Der Standard


Eurofound (2011), Uniqa, Internal restructuring in Austria, factsheet number 72400, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72400.