 Norwich Union has already cut jobs in recent years |
Norwich Union owner Aviva has confirmed that jobs may be at risk after it announced plans to reduce annual costs by �350m. The company, which employs 30,000 staff in the UK and the same number overseas, said it was unclear at this stage how many positions might be affected.
Aviva said it hoped to achieve the cost reductions within the next two years.
It is already concluding a previous programme to reduce its headcount by 4,000 before the end of this year.
'Urgent meeting'
Aviva said �200m of the latest UK cost savings would come from its general insurance business, with �100m from its life insurance division.
The remaining �50m of efficiencies will come from its operations in continental Europe.
Only last week Aviva announced nearly 400 job cuts in its computer support department.
Trade union Unite said it would be seeking an "urgent" meeting with senior Aviva mangers.
The union added that it was seeking assurances that there would be no compulsory redundancies.
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