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
1,600 jobs Number of planned job creations
Announcement Date
5 March 2009
Employment effect (start)
1 May 2009
Foreseen end date
31 December 2012
Description
The French insurance company AXA released a statement today reporting that they have forecast the hiring of 1,600 in Spain out of 25,000 employees to be contracted worldwide over the next few years. The aim of the job creation is strengthening its sales network. AXA plans to divide the additions on an annual basis so that 400 positions are covered each year. In this exercise, the company wants add 400 new workers to its sales network for the five positions that it offers, which are: junior executive, personal protection advisor, asset manager, insurance salesman and insurance assistant, with those who sign contracts. AXA explained that anyone who starts their professional career in the company could be managing their office in just 4 years.
Spain, where AXA has more than 10,000 points of sale, is one of the eight countries that have been chosen by the group for the setting up of its sales employment project, along with France, Italy, Germany and USA, amongst others.
Eurofound (2009), AXA, Business expansion in Spain, factsheet number 68552, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68552.
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