2,000 to go by 2008 in Swiss Re-GEIS cull
World number one reinsurer Swiss Re has announced a programme of up to 2,000 job cuts worldwide by the end of 2007 as part of its bid to squeeze annual savings of $300m from its merger with GE Insurance solutions.
Europe will be the big loser, bearing 55% of the expected job losses and the Americas contributing 35% of the total.
Swiss re said that within the European figure the biggest national loser will be
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