Axa Portugal sacks 67 staff

Sixty-seven staff members at insurance company Axa Portugal woke up on Tuesday morning (April 7) to hear they would be losing their jobs as part of a mass layoff, writes Jornal de Negócios.

The closing of some of Axa’s outlets as well as “performance issues” were cited as the main reasons for the plan, union leader Carlos Marques told the newspaper.

“It is the first time that the (insurance) sector has faced a situation like this,” he said.

Marques said the sackings came “completely out-of-the-blue” and in sharp contrast to “mutual agreements” and negotiations that were favoured by the sector.

He also criticised Axa for not letting the union in on its plans before dropping the bombshell.