Royal Sun Alliance (RSA)

Type
Internal restructuring
Country
United Kingdom
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
1,200 jobs
Number of planned job losses
Job loss
Announcement Date
26 February 2009
Employment effect (start)
Foreseen end date

Description

RSA (Royal Sun Alliance), an insurer, has announced that it is to cut 1200 jobs at its offices across the UK. The company, which employs 8700 people in the UK, is attempting to reduce its costs. As of 1 March 2009, no date has been given for when, or at which sites, these job losses will occur.

Sources

Citation

Eurofound (2009), Royal Sun Alliance (RSA), Internal restructuring in United Kingdom, factsheet number 68386, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68386.