Zurich has announced restructuring plans which will result in the loss of 121 jobs at it's two sites in Whiteley and Glasgow.
The insurance company will re-structure it's UK personal lines car and home claims handling teams. Those operations will transfer to its subsidiary based in Cheltenham.
These changes which will affect people working in the home claims department are expected to start taking place from March next year.
There's to be more job losses across the south as Zurich Insurance confirms it's to cut 160 positions at its headquarters in Whiteley and 14 at its Farnborough Office. We also expect to hear from HSBC who is due to announce where in the UK it's to shed 2,000 jobs.
Zurich Insurance has confirmed it will cut 163 staff at its Whiteley base in Hampshire. A further 14 posts are to go in Farnborough. More updates on this later.