AXA

Type
Business expansion
Country
Germany
Region
Location of affected unit(s)
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
130 jobs
Number of planned job creations
Job creation
Announcement Date
2 May 2007
Employment effect (start)
Foreseen end date
31 December 2007

Description

The insurance company Axa announced its plans to create approximately 130 jobs until the end of 2007. Axa stated that it is seeking to improve its customer service as a result of which the 130 new jobs shall be created within its sales force. Currently Axa’s sales force consists of 2,800 employees. Altogether, the company employs about 8,200 employees in Germany. The job creation scheme is part of the company’s business expansion strategy.

Sources

  • 3 May 2007: Handelsblatt

Citation

Eurofound (2007), AXA, Business expansion in Germany, factsheet number 65313, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65313.