Aviva Reveals Plan to Shed 1700 Job
UK’s biggest life insurer—Aviva, revealed today it planned to cut 1690 jobs in the UK as a three-year programme to simplify its UK life and pensions operation.
Aviva announced in a statement that it would cut off a total of 1100 permanent positions by the end of 2009. Meanwhile, about 800 workers at its UK-based Norwich Union business will be affected, with the remaining reductions to be achieved by leaving vacancies unfilled.
The company said taht it would also shed 590 contract positions over the next few months. Aviva also said that its sites at York and Norwich in England would be most seriously affected by the latest round of cuts, cutting down an estimated 349 and 226 permanent jobs respectively.
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