Sharma does not expect further UK job losses
Zurich UK to focus on 440 job cuts already announced but UKGI CEO admits he does not have a “crystal ball”.
Further job losses at Zurich in the UK are not expected beyond the 440 already announced according to UKGI CEO Vibhu Sharma.
Speaking to Insurance Age Sharma commented: "But I do not have a crystal ball. If the UK economy goes into recession you have to continue to look at how you are efficient as an organisation. But my focus is on the 440 [already announced]."
Sharma's comments follow the announcement that UK reported a £62m operating loss for 2015 while the group saw profits slump $1.7bn to
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