ZURICH insurance is to lay off 143 people at its Whiteley head quarters.
The firm says it follows a restructuring of its insurance products.
The redundancies in Whiteley are not due to take place until the middle of next year ‘at the earliest’, the company said. Offices in Cardiff, Glasgow, Farnborough and Leeds are also affected.
Karl Bedlow, personal lines managing director, said: ‘We recognise that these changes mean difficult messages for some of our employees, and we are committed to minimising the impact on people by reducing job numbers through redeployment, natural turnover and voluntary measures wherever possible.