Norwich Union Downsizing

Norwich Union Downsizing

14 September 2006 · No Comments

As seen at Forbes:

Norwich Union, the domestic arm of UK insurer Aviva PLC, said it plans to axe 4,000 jobs, some 11 pct of its workforce, in an effort to cut costs by 250 mln stg a year.[...]

Aviva said about 1,000 of the jobs will be offshored to India, while a further 500 information technology (IT) roles will be outsourced to external contractors.

Tags: Insurance ·