Insurance giant Swiss Re to axe 2,000 jobs
The Swiss owner of the iconic Gherkin tower in London today said it would 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 last month.