Maif

Type
Business expansion
Country
France
Region
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
65 - Insurance, reinsurance and pension funding, except compulsory social security
65.1 - Insurance
65.1 - Insurance
100 jobs
Number of planned job creations
Job creation
Announcement Date
27 November 2013
Employment effect (start)
1 December 2013
Foreseen end date
30 June 2014

Description

Insurance group MAIF is to take over about 100 employees from tourism company TUI France until mid-2014. The measure is facilitated by a strategic partnership between the two companies.

MAIF employs the new staff to increase its agency network.

TUI France had launched a voluntary departure for 306 staff earlier in 2013. The company had come under financial pressure (See ERM Factsheet).

MAIF is headquartered in Niort, France, employing 6,708 staff in the country.

Sources

  • 27 November 2013: L'union

Citation

Eurofound (2013), Maif, Business expansion in France, factsheet number 76247, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76247.