Scor: the joint committee of the reinsurer’s European companies wants to propose alternatives to the 200 job cuts announced by the management

Publication

10 July 2008 à 09h44

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3 minutes

Publication: 10 July 2008 à 09h44

Reading time: 3 minutes

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Denis Kessler, CEO of the reinsurance company, announced 200 job cuts, taking by surprise European staff representatives, which are now getting ready to propose alternatives and suggestions about a decision which they deem inconsistent with the group's situation. (Ref. 080580)
Publication

10 July 2008 à 09h44

Reading time

3 minutes

Publication: 10 July 2008 à 09h44

Reading time: 3 minutes

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Lack of consistency. The news of the 200 job cuts – i.e. 1/8th of the total workforce – came as a shock. In the joint press release published after their meeting on July 3, the Common European Companies Committee (CCSE) and the French works council expressed their incomprehension as to the rationale and the haste of this decision, as well as their concern for the future of the European teams of the group.” Indeed, “the situation is better than it was three years ago” explained Christophe Lefèvr

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