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
This evening and tonight will become dry and clear with a frost forming widely
The Environment Agency has issued flood alerts for parts of the Anglia region as a Met Office weather warning for rain remains in place.
After nearly three decades, the Thameslink commuter rail line from Bedford into London is to get new trains in December.