The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
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
425 jobs Number of planned job losses
Announcement Date
11 March 2013
Employment effect (start)
11 March 2013
Foreseen end date
31 March 2013
Description
Liberty Mutual Insurance in Ireland is to cut 425 jobs. It is understood that 110 jobs will be lost from company headquarters in County Cavan, 115 in County Fermanagh, and 200 in Dublin. Most workers affected are expected to leave immediately, in March 2013.
Sources
11 March 2013: The Irish Times
Citation
Eurofound (2013), Liberty Mutual Insurance, Internal restructuring in Ireland, factsheet number 75177, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75177.