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Insurance Business | 03 Jul 2013, 12:00 AM Agree 0
A major insurer’s controversial transformation program has seen it make far fewer job cuts than was rumoured and, in fact, has created more opportunities for its Aussie staff.
  • Bruce | 04 Jul 2013, 11:12 AM Agree 0
    Lets be clear the "rumoured" loss of 600 jobs was proudly announced by the MD to the stock market analysts (to help protect his share options no doubt). I believe this announcement is to placate the backlash that has no doubt been felt following the initial announcement.
  • Mike | 04 Jul 2013, 01:18 PM Agree 0
    At the end of the day the actual message is, QBE is off shoring jobs but through natural attrition not job cuts. I doubt you will ever hear Mr Fagan announce the Australian staff numbers in 2012 compared with the budgeted Australian staff in 2015/16 when the process is complete. That will provide the market with the true indication of Aussie job losses.
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