Zurich to cut 800 jobs
Provider aiming to streamline structure and save up to $250m.
Zurich Insurance Group is to cut up to 800 jobs throughout its global organisation, as part of its strategy to "streamline" its structure.
The provider said the plan would would "reduce both complexity and costs" and that the staff reduction would lead to annual run-rate savings of approximately $250m [£150m] by the end of 2015.
It also stated that customer-facing activities “will not be impacted”.
In a statement, Zurich claimed the initiative, which was announced following a comprehensive
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