Aviva to cut 2,000 jobs - Insurance - News - Moneyfacts


Aviva to cut 2,000 jobs

Aviva to cut 2,000 jobs

Category: Insurance

Updated: 19/04/2013
First Published: 18/04/2013

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Around 2,000 jobs are set to go at one of the UK's largest insurance groups as part of an ongoing cost-cutting programme.

Aviva confirmed that job losses would affect workers in the UK as well as Europe and Asia, although it stated that the final number of job cuts in the UK would be confirmed at a later date following discussions with staff and unions.

The worker's union, Unite, criticised the cuts, claiming staff were paying the price for boardroom failures at the firm.
"To cut redundancy pay so drastically when there is deep uncertainty over job security is a callous and disgraceful act," said Unite's national officer Dominic Hook.
The company's latest announcement follows a series of cost-cutting measures carried over the past few months as it seeks to reduce costs by over £400 million.

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