23-08-2016 15:27 via insuranceinsider.com

Zurich targets execs in first wave of job cuts

Around 20 percent of the 1,900 executive roles at Zurich are
facing the axe as part of CEO Mario Greco's wider cost-cutting
plans, according to reports.Sources told Swiss newspaper NZZ am Sonntag that management
would be first in line for cuts, before staff layoffs at the lower
levels of the organisation.The latest round of job cuts is part of a planned cull of 8,000
posts from the organisation by 2018.Of the 1,900 executives whose jobs are at...
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