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Groupama to place 20 staff on redundancy consultation

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Groupama Insurances has confirmed that up to 20 jobs in finance, IT, human resources and marketing are at risk as the firm seeks to reduce expenses and increase efficiencies.

The insurer said that the decision is unrelated to its acquisition by Ageas, which is due to be completed shortly.

Groupama has entered into a four-week consultation with the affected employees.

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