UK – Aviva to cut up to 800 jobs

Aviva is to cut up to 800 jobs in the UK as chairman John McFarlane embarks on a £400m global cost-cutting drive.

The job cuts are likely to come from both the general and life insurance arms of the UK operation and are set to be completed by the end of 2012.

The life insurance arm employs 7,000 people, out of the 18,500 in total in the UK.

An Aviva statement says: “The vast majority of our employees will be placed into roles with little change. Up to 800 could be at risk, although in practice it will be fewer than this because of natural turnover.”…

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