AGCS to reduce headcount by up to 10%

City of London

The job losses are expected to come from London with potential redundancies coming from the business in France, Germany and the United States. The specialty and corporate insurance provider employs approximately 400 staff in the UK and over 3,600 worldwide. A spokesperson for AGCS told Post the specialty division intends to not make any compulsory redundancies. The spokesperson said AGCS intends the headcount reduction to come via a programme of voluntary redundancies, early retirement, st