Type
Internal restructuring
Country
France
Region
Sud-Ouest;
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security
65 - Insurance, reinsurance and pension funding, except compulsory social security

120 jobs
Number of planned job losses
Job loss
Announcement Date
2 September 2005
Employment effect (start)
Foreseen end date
31 December 2005

Description

Denis Kessler, manager of insurance company Scor, announced on 5 September 2005 that Scor will dismiss 120 employees in France out of 600 workers. A large part of the suppressions will be dealt with through voluntary resignations.


Sources

  • 6 September 2005: Les Echos
  • 2 September 2005: Les Echos

Citation

Eurofound (2005), Scor, Internal restructuring in France, factsheet number 62358, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62358.