AXA

Type
Internal restructuring
Country
Spain
Region
Noreste; País Vasco; Bizkaia
Location of affected unit(s)
Bilbao
Sector
Financial / Insurance/ Estate
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
100 jobs
Number of planned job losses
Job loss
Announcement Date
20 December 2005
Employment effect (start)
Foreseen end date

Description

Tha Axa Group is a multinational specialised in insurance facilities as well as in pension funding. The Axa Group announced the dismissal of 100 workers over the age of 45 in its agencies in the Vasque Country.

Sources

Citation

Eurofound (2005), AXA, Internal restructuring in Spain, factsheet number 62661, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62661.