Uk Jobs Threat As Swiss Re Swings Axe

The ScotsmanJuly 12, 2006

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Summary


THE Swiss owner of the iconic Gherkin tower in London is to axe up to 2,000 jobs by the end of next year.

Swiss Re, the world's largest reinsurance company, said its offices in London, Zurich, Kansas City, Munich and Armonk in New York "will be most affected" by the cuts, which follow the acquisition of GE's insurance unit for GBP 4.1 billion last month.

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Uk Jobs Threat As Swiss Re Swings Axe

The Zurich-based company ...

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