News Bulletin

Three sections of the Canada Life Ireland operation have been ruled out of its redundancy scheme.

27th April, 2013

Canada Life ringfences 100 staff in redundancy scheme

Three sections of the Canada Life Ireland operation have been ruled out of its redundancy scheme. Canada Life is expected to merge with Irish Life next year once the takeover deal is rubber-stamped by regulators. The acquisition is still subject to legal and regulatory approval.

Owner Great-West Lifeco is seeking a 15 per cent cut in the combined workforce of 2,500. The redundancy scheme at Canada Life will...

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