23 Jul 2008

Insurance giant Aviva will be big layoffs

Britain's largest insurance company Aviva Group (Aviva) recently announced that as part of the reorganization of operations, to the end of 2010 would cut 1,800 employees.

Aviva group is not only the UK's largest insurance companies, is the world's fifth largest insurance group in the world, within the framework of a total of 60,000 employees, its main business, including long-term savings, fund management and other general insurance.

Aviva Group in October last year indicated that an increase in domestic savings business, we must conduct business integration. According to reports, the insurance company plans to abolish "Nowe joint governance," the brand, and will focus on insurance business in the UK, including Manchester and the rule of Stornoway, seven cities. If these plans into practice, into the inevitable layoffs.

"Nowe joint governance" is Aviva's Group, a subsidiary, is the UK's largest property insurance company. Aviva believes that by simplifying business can help companies improve efficiency, to provide consumers with better services.

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