Zurich North America Cuts 400 Jobs

April 11, 2008

Zurich North America Commercial (NAC) said it will reduce approximately 400 positions or four percent of the staff that support its business division, primarily in non-market-facing roles.

Mike Foley, CEO of NAC, said the positions eliminated “were primarily non-market-facing roles to ensure our actions will not disrupt customer service.”

Source: Zurich Financial Services

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