Job losses at Equity Red Star
Equity Red Star, the UK arm of Insurance Australia Group, is set to make redundancies with up to 185 staff at risk, our sister title Post has revealed.
According to the report, on Post Online, staff learnt today where the cuts will be made, after being informed redundancies would be made last week.
A source close to the business declined to comment on whether 185 people had been notified, but confirmed a "widespread consultation".
An Equity spokesman added: "Equity is reviewing its underwriting and distribution operations to ensure they are aligned to its strategic and financial objectives. We are currently in a consultation period and
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