It sounds like they're replacing the adjusters, which I thought was a pretty unstructured aspect of insurance claim management. _That_ was the big story to me. Seems we're all closer to becoming redundant than we thought.
That's not what the article is saying. It says 34 employees (not 34%) primarily from a pool of 47 workers on 5-year contracts will be "made redundant". (the rest may not have their contracts renewed)
That's more than 30% of the 131 employees.
The article also cites other companies doing the same thing, even if no staff cuts are involved for now.
So ... 16 employees. I suppose that's interesting, but it's not as big as the headline made me believe.