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Swiss Insurer Helvetia Baloise to Cut Up to 2,600 Jobs Following Merger

Newly created Swiss insurer Helvetia Baloise plans to cut up to 2,600 jobs in the coming years to boost profitability, a person familiar with the matter

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The merger of Helvetia and Baloise costs the job 2000 to 2600 employees. Above all, Group functions are affected. Insurance consultants should not be affected.

·Zürich, Switzerland
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SWI swissinfo.chSWI swissinfo.ch
+2 Reposted by 2 other sources
Lean Left

The newly merged insurance group Helvetia Baloise is expected to reduce the number of jobs between 2000 and 2600 over the next three years. On Tuesday, the group informed employees about the planned scale of the dismantling.

·Bern, Switzerland
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The insurance group is expected to reduce a total of up to 2600 jobs over the next three years.

·Zürich, Switzerland
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Following the legal completion of the merger between Helvetia and Baloise, Switzerland's largest all-sector insurer announces a major job reduction. Up to 2,600 jobs will be cancelled in Switzerland and also in Germany. read more

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However, the leadership of Helvetia Baloise avoided the issue so far. In addition to Switzerland, Germany is the only country in which both brands are represented, and this is where the Rotstift is now set. The newly created Swiss insurance group has now confirmed a Reuters report, according to which up to 2,600 jobs will be lost over the next three years. Helvetia Baloise's contribution cuts between 260 and 330 jobs in Germany first appeared on…

After the recent merger between the Helvetia and Baloise insurance companies, the new group intends to abolish 2000 to 2600 jobs, of which 1400 to 1800 in Switzerland, over the next three years.This is one of the biggest reconciliations ever seen in the Swiss insurance sector.The merger between Helvetia and Baloise, effective since the beginning of the month, is expected to lead to the next three years in 2000 to 2600 abolitions of which 1400 to…

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Handelszeitung broke the news in on Tuesday, December 9, 2025.
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