Aviva

Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Norwich, York, Sheffield, Stevenage
Sector
Financial / Insurance/ Estate
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
125 jobs
Number of planned job losses
Job loss
Announcement Date
24 October 2008
Employment effect (start)
Foreseen end date

Description

Aviva, a company that offers insurance, has announced that it is to cut 125 jobs from its UK workforce. The majority of the job cuts will occur at the company’s Norwich offices, although a smaller number of jobs will also be lost at offices in York, Sheffield and Stevenage. The company stated that it was cutting the jobs in order to increase efficiency. As of 26 October 2008, it has not been announced when people will leave these jobs.

Sources

  • 24 October 2008: BBC News

Citation

Eurofound (2008), Aviva, Internal restructuring in United Kingdom, factsheet number 67279, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67279.