1350 jobs at risk as ERGO 'streamlines' sales
Munich Re-owned primary insurer ERGO said today it plans to cut up to 700 salaried sales posts as part of a "quality and efficiency plan" intended to streamline sales.
A further 650 back-office jobs are in jeopardy.
The ERGO Versicherungsgruppe board revealed the plans, which it expects to yield savings of €164m annually, in a statement on the company's website.
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