Aviva to cut 1,500 jobs after Friends Life merger

Stephanie Baxter
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Aviva will slash around 1,500 jobs if its proposed takeover of Friends Life is approved by shareholders in March.

The insurer revealed it would embark on a cost-cutting drive to reduce the combined workforce of 31,500 by almost 5% by 2017. No specific teams, roles or locations have yet been identified for cuts...

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