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 - Insurance, reinsurance and pension funding, except compulsory social security
100 jobs Number of planned job creations
Announcement Date
15 March 2007
Employment effect (start)
15 March 2007
Foreseen end date
31 December 2007
Description
Axa France, part of the Axa group, is regarding the development of its entire distribution network in France, as it was announced on 15 March 2007. The company is planning to diversify its supply with the creation of new products. As a result of this, Axa France is going to increase its workforce until 2012. In 2007 the company will recruit more than 900 people for commercial tasks which will subsititute those who have retired or resigned. On top of this, Axa France will create 100 new jobs before the end of 2007.
Sources
15 March 2007: Le Figaro
Citation
Eurofound (2007), AXA, Business expansion in France, factsheet number 65105, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65105.
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