Premium funding jobs safe amid GE corporate shake-up
GE Capital has confirmed that no Pacific Premium Funding employee will lose their job as the company completes a divisional merger.
Corporate Affairs Manager Geoff Lynch told insuranceNEWS.com.au the changes “will have no impact on jobs at Pacific Premium Funding. Pacific is very well positioned in this market and has every intention of growing its business in 2009.”
InsuranceNEWS.com.au reported last week that GE is merging the GE Money and GE Commercial Finance businesses to improve future prospects. Some 400 staff will leave the company during the year.
Corporate Affairs Manager Geoff Lynch told insuranceNEWS.com.au the changes “will have no impact on jobs at Pacific Premium Funding. Pacific is very well positioned in this market and has every intention of growing its business in 2009.”
InsuranceNEWS.com.au reported last week that GE is merging the GE Money and GE Commercial Finance businesses to improve future prospects. Some 400 staff will leave the company during the year.