The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Scotland; Eastern Scotland; Perth and Kinross, and Stirling
Location of affected unit(s)
Perth
Sector
(64 - 68) Financial / Insurance/ Estate 65 - Insurance, reinsurance and pension funding, except compulsory social security 65 - Insurance, reinsurance and pension funding, except compulsory social security 65 - Insurance, reinsurance and pension funding, except compulsory social security
150 jobs Number of planned job creations
Announcement Date
9 February 2007
Employment effect (start)
Foreseen end date
Description
Insurance giant Norwich Union has confirmed the creation of about 150 new jobs at its Perth office.
The company said it wanted to fill the new positions in customer call handling, as soon as possible.
The announcement came after Norwich Union last year announced plans to shed 4,000 jobs in the UK.
Perth SNP MSP Roseanna Cunningham, who admitted giving the company some 'stick' in recent months, welcomed the jobs announcement:
'We had not been anticipating this news, Norwich Union is an extremely important employer for Perth and for the whole of Tayside.'
In September last year the company announced that 250 posts would be lost in Glasgow and a further 200 in Perth.
Sources
9 February 2007: BBC Website
Citation
Eurofound (2007), Norwich Union, Business expansion in United Kingdom, factsheet number 64904, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64904.
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