Clerical Medical International to shed 10 Manx jobs
Scottish Widows has announced plans to shed 10 jobs from its Isle of Man offshore insurance operation.
The jobs are expected to go at Clerical Medical International, which currently employs 160 people on the island.
The organisation, which was set up in 1987, is one of the largest employers in the island's finance sector.
A Scottish Widows spokesman said the policy was always to use natural turnover and to redeploy people wherever possible.
He added: "Scottish Widows is committed to working through these changes with employees in a careful and sensitive way.
"All affected employees have been briefed by their line manager."
CMI insurance company is the name of Scottish Widow's specialist offshore insurance company.
Scottish Widows is part of the Lloyds Banking Group which recently announced job cuts of almost 1,000 with the closure of administration sites in Newcastle, Scunthorpe and Romford.