AXA is planning to relocate some 1,500 jobs to Morocco over the next six years, according to reports…
AXA is planning to relocate some 1,500 jobs to Morocco over the next six years, according to French newspaper Les Echo. The paper also claimed that the company is looking to create a further 1,500 administrative jobs in France.
The move would form part of the company's Ambition 2012 strategy, which is designed to double AXA's profits over the next six years.
Speaking in January following the company's year-end financial report, Henri de Castries, chief executive of AXA, said, "Our 2012 aspirational objectives are all about focusing the group on profitable growth initiatives centered on product innovation, distribution management and quality of service".
He added, "We are broadly on track with our long-term activity objectives in 2005 and are seeing promising signs in all of our key markets that our 2012 ambition initiatives are gaining traction."
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