Type
Outsourcing
Country
Belgium
Region
Location of affected unit(s)
Sector
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

65 jobs
Number of planned job losses
Job loss
Announcement Date
4 December 2009
Employment effect (start)
Foreseen end date

Description

On Friday 4th December, Touring, a travel insurance and car repair company, announced the cut of 65 out of 300 jobs in Belgium. Moreover, the company's management plans to outsource parts of its towing, garage and spare parts activities. In 2008, Touring faced a €1 million shortfall.


Sources

  • 12 December 2009: Le Soir
  • 12 December 2009: L'Echo

Citation

Eurofound (2009), Touring, Outsourcing in Belgium, factsheet number 69990, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69990.