Insurer Zurich cuts 121 jobs in Whiteley and Glasgow
Swiss insurer Zurich Insurance has confirmed it will cut more than 120 jobs at two of its UK offices.
The company said it was axing 94 posts based in Whiteley, Hampshire, and 27 from the car claims department in Glasgow.
It said it was making organisational changes to its personal lines, car and home claims teams.
The company will transfer those departments to its Endsleigh subsidiary in Cheltenham from March.
Tony Emms, Zurich UK's chief claims officer, said: "We are committed to minimising the impact on people by reducing job numbers through redeployment, natural turnover and voluntary measures wherever possible."
The announcement comes the same week as BAE confirmed 940 job losses and the end of shipbuilding at BAE's yard in Portsmouth next summer, with 835 redundancies in Glasgow, Rosyth and Filton, near Bristol.
And synthetic rubber company Polimeri Europa UK Ltd announced it is to close its factory in Hythe at the start of 2014, with the loss of up to 300 jobs.