Tower axes over hundred jobs to offset costs, says 'digital is the way of future'


New Zealand-based general insurer Tower's CEO is planning to cut 108 jobs as part of its cost-saving initiative, saying "digital is the way of the future". The company aims to cut cost by NZ$7.2 million ($4.46 million) per year.

Tower Insurance, Job cuts, Insurance. Reinsurance, Richard Harding, New Zealand

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