Insurer Axa sweeps 1600 jobs in Germany
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Insurer Axa sweeps 1600 jobs in Germany

Cologne : Germany | Dec 05, 2011 at 7:33 AM PST
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The logo of the Axa insurance group on a building in Paris

The insurance group Axa sweeps in the coming years 1600 jobs in Germany. By 2015, the affected jobs will be eliminated "socially acceptable", said a company spokesman in Cologne, the news agency AFP.

"We are currently in discussion with the council," said the spokesman. Until 2014 it applies one arrangement under which the Institute wants to avoid compulsory redundancies. Currently, the largest French insurer employs approximately 11,200 employees in Germany.

The job cuts would be part of a restructuring program that you use Axa work more efficiently and thus increase its competitiveness, said the spokesman. The goa

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Insurer Axa sweeps 1600 jobs in Germany
Maroof Kamboh is based in Karāchi, Sind, Pakistan, and is a Stringer on Allvoices.
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