Talanx to cut 330 jobs at German sales unit in savings drive

April 13, 2016 5:40 AM

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FRANKFURT, April 13 German insurer Talanx AG said it planned to cut 330 jobs, or one in three workers, at its sales unit HDI Vertriebs AG by 2020 as part of a restructuring of its German business.

The cuts come on top of 600 job cuts announced last year, which primarily affected its HDI Kundenservice AG unit.

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