Gras Savoye France

Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
66 - Activities auxiliary to financial services and insurance activities
66.2 - Activities auxiliary to insurance and pension funding
66.22 - Activities of insurance agents and brokers
291 jobs
Number of planned job losses
Job loss
57 jobs
Number of planned job creations
Job creation
Announcement Date
6 March 2013
Employment effect (start)
13 June 2013
Foreseen end date
31 December 2013

Description

Gras Savoye a French insurance broker company is to cut about 291 positions in 2013 in the framework of a recovery plan. The group will also recruit 57 employees. The restructuring will mainly affect two management platforms in Ormes (45) and Noisy (93). One of the sites could be closed according to Gras Savoyes’ CEO. Gras Savoye employs 3,800 employees worldwide including 2,100 in France. 

Sources

Citation

Eurofound (2013), Gras Savoye France, Internal restructuring in France, factsheet number 75084, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75084.