Advertisement

Aviva to axe 2,000 jobs

Norfolk-based insurance giant Aviva has today announced plans to axe more than 2,000 jobs.

View all 8 updates ›

Aviva reviews employment policies

Aviva has told staff it has reviewed employment policies.

"Aviva has decided to introduce a revised redundancy policy for all employees on UK contracts. This will bring Aviva’s redundancy terms in line with market practice in the UK which will remain significantly above the statutory provisions.

"Importantly, the changes to redundancy terms will be implemented in two phases so that those impacted in the next six months will still receive the current four weeks’ redundancy pay for each year of service.

This is intended to minimise the impact on employees and follows consultations with Aviva employee forums and Unite.

More top news