Aviva to cut 1500 jobs

Aviva to cut 1500 jobs

Aviva will cut 1,500 jobs by the end of 2017, the insurer has said.

The cuts amount to 5% of the company’s 31,500-strong workforce.

The news follows the British insurer’s £5.6bn ($8.5bn) planned acquisition of Friends Life.

“We appreciate that this news may be disconcerting for employees and we would look to ensure that any redundancies are kept to a minimum wherever possible, by using vacancies and natural turnover,” said a statement from Aviva.

“At this stage, no specific teams, roles or locations have been identified, as the proposed transaction has not completed,” the insurer added.

Latest Issue

Summer 2018


In this month's Reactions

  • Preparing for Pandemic
  • Charles Goldie interview
  • Rupert Swallow interview
  • Latin America Awards
  • Urs Baertschi interview
  • Reactions London Conference write up
  • JLT Specialty USA overview
  • Steven Beard interview
  • AIRMIC review
  • Labuan: Asia's Rising Star



Follow Us on Twitter @reactionsnet

Catastrophe Centre

Catastrophe Centre