Insurance giant Aviva is planning to axe around 2,000 jobs from its UK, European and Asian workforce under cost-cutting plans. The Norwich-based insurance group also announced that from next year, redundancy pay in the UK will be halved from four weeks per year of service to two. Aviva said the job reductions were part of … Continue reading
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 … Continue reading
Aviva Plc (AV/), the U.K.’s second- biggest insurer by market value, said the company’s investment unit mistakenly sent an e-mail dismissing its entire staff before retracting the message. The e-mail, which was sent by the Aviva Investors human resources department to 1,300 employees globally, told recipients to turn over company property as they left the … Continue reading