Norfolk-based insurance giant Aviva has informed its staff that 2,000 jobs will go over the next six months. The Job losses are around six per cent of the of the workforce.
In a statement the company said:
As part of Aviva’s commitment to employees and unions to inform them as soon as it can about decisions that impact our people, it is communicating the estimated overall scale of changes today. Aviva is consulting with employee representative bodies and will provide further information to its people on role reductions as soon as the detail is available.
These job reductions are part of a programme to reduce expenses across the whole business, including substantial non people related savings. At Aviva’s full year results published in March 2013, it announced it has already realised £275 million annualised cost savings as part of its target to reduce costs by in excess of £400 million.
More top news
Showers becoming heavy this afternoon, with thunder possible.
Wisbech in Cambridgeshire has been described as one of Britain's most segregated towns. We returned there to gauge reaction to the vote.
ITV News Anglia looks back on a night of drama as the East plays a key role in Britain's exit from the EU.