The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65.1 - Insurance
2,000 jobs Number of planned job creations
Announcement Date
3 March 2022
Employment effect (start)
3 March 2022
Foreseen end date
31 December 2022
Description
The largest French insurance company Axa France has announced to recruit nearly 6,000 new employees including 3,000 young people in 2022. 700 employees will be recruited on permanent contracts and 500 on fixed-term contracts. In addition, Axa will recruit 1,300 people on work-study contract (with a lengths over 9 months), 500 internship and 800 general agents who will be self-employed workers. As no detail are given about the lenght of fixed-term contract, 2,000 people will be hired: 700 on permanent contracts and 1,300 on work-study contracts. The company recruits in insurance and support functions- actuaries, risk and claims managers-, in sales- customer development, individuals and professionals- and in new technologies- developers, testers, architects and data and security specialists.
Eurofound (2022), AXA, Business expansion in France, factsheet number 106929, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106929.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
