trending Market Intelligence /marketintelligence/en/news-insights/trending/ydvtiv6rahjtoijg13sbdg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Talanx to cut 330 sales roles at unit HDI Vertriebs

IFRS 9: Time is Running Out for Insurance Companies to Comply

5 Quant Research Traps to Avoid

S&P Global Market Intelligence

Wind Power by the Numbers: U.S., Canada and Mexico

CUSIP Identifier Requests for New U.S. Corporate Debt Surge in January


Talanx to cut 330 sales roles at unit HDI Vertriebs

TalanxAG said April 13 that it aims to slash 330 full-time equivalentsales posts at unit HDI Vertriebs AG by 2020, as part of a broader strategy tostreamline its German retail services business.

The insurer already held discussions in November 2015 withthe works council to cut 600 roles by 2020, primarily at HDI Kundenservice AG.

The headcount cuts are aimed at slashing the cost base by€240 million at the German retail services division by 2020, while the companyplans to invest about €300 million to modernize, automate and streamline thedivision's business processes.

Talanx will also step up its focus on customer groups suchas corporate customers and freelance professionals, it added.

The company's German retail services division has 5,000employees, of which about 1,000 are at HDI Vertriebs.