Aviva to axe 1,800 jobs as insurer cuts costs

UK’s biggest insurance firm announces staff losses as part of
global cost-cutting drive

Aviva, the UK’s biggest insurance firm, is cutting 1,800 jobs
over the next three years in an effort to save costs.

The firm’s new chief executive Maurice Tulloch, who
replaced Mark Wilson
in March, wants to lower annual costs by
£300m by 2022, and includes cuts to its 30,000 global
workforce.

Source: FS – All-News2-Economy
Aviva to axe 1,800 jobs as insurer cuts costs