Home » Industrial relations » National industrial relations » Allianz will cut 7500 jobs in Germany Allianz will cut 7500 jobs in Germany Despite record profits, the largest German insurer, Allianz, announced on June 22 in Munich the suppression by 2008 of approximately 5000 jobs in the insurance activity in Germany and 2480 jobs in its banking subsidiary company Dresdner Bank, as part of a massive reorganization plan. In reaction, the trade union Ver.di announced warning strikes. (Réf. 06642) Through . Published on 22 June 2006 à 15h59 - Update on 26 March 2013 à 17h39 Resources “These are difficult but necessary decisions to preserve the competitiveness of the group”, said Gerhard Rupprecht, president of Allianz Deutschland AG’s board of directors, in an official statement. He justified the measures by explaining that Allianz had been continuously losing customers as well as market shares these last years.… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialité.EmailThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels
