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Swiss Insurer Helvetia’s Cost-Saving Plans Will Impact About 500 Jobs: CEO

Swiss Insurer Helvetia’s Cost-Saving Plans Will Impact About 500 Jobs: CEO

Swiss insurer Helvetia plans to cut jobs and relocate some workers as part of an efficiency program aimed at saving about 200 million francs ($224 million) over the next three years. The measures will affect around 500 positions, of which close to 250 are in Switzerland, according to Chief Executive Officer Fabian Rupprecht. “That is...