Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
France, Germany, Switzerland, United Kingdom
Sector
Financial / Insurance/ Estate
65 - Insurance, reinsurance and pension funding, except compulsory social security
65.1 - Insurance
65.11 - Life insurance

100 - 600 jobs
Number of planned job losses
Job loss
Announcement Date
1 September 2026
Employment effect (start)
1 September 2026
Foreseen end date
31 December 2028

Description

Swiss Life, a Swiss life insurer, announced it will cut about 600 jobs by the end of 2028, affecting positions in Switzerland, Germany, France and the United Kingdom. The cuts start immediately, with roughly 100 reductions already implemented hrough selective recruitment to fill vacancies and a further round expected by the end of 2026.

The reductions are driven by a push to boost operational efficiency and accelerate digital transformation, as part of the insurer’s strategy to prepare for future growth. In Switzerland, 300 positions will be cut.

Previously, Swiss Life was mentioned on the ERM Database on a hiring campaign for 120 new positions. Swiss Life France 2025 - FR.


Citation

Eurofound (2026), Swiss Life, Internal restructuring in World, factsheet number 301034, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/301034.