Filed Under:Markets, Company News

Aviva PLC to slash 2,000 jobs worldwide

Aviva PLC has taken another step in its quest to restructure the company by eliminating approximately 2,000 positions worldwide over the next six months. The announcement came in the London-based company’s first-quarter interim management statement released yesterday.

Last year, the insurer embarked on a program to reduce costs. According to the statement, the company has lowered expenses in Q1 by £83 million, or 10 percent, compared to the first quarter of last year. The company stated it is on track to meet its savings target of £400 million.

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Nichole Morford

Nichole Morford
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