MIB proposes 10% headcount reduction
Organisation says it is set to make 50 redundancies as part of a transformation programme and in response to "significant budget challenges" arising from Covid-19.
The Motor Insurers’ Bureau (MIB) has entered consultation with employees as part of its latest phase of transformation, which could see it reduce its staff numbers by 10%.
It detailed that the proposals, which are expected to be complete by the end of October, are part of ongoing work to reshape MIB into a “progressive and innovative” organisation.
In 2018, the industry invested £30m in MIB to create a modern, fit-for-purpose organisation.
Size
MIB noted that it had since developed its
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