Aviva

Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
120 jobs
Number of planned job losses
Job loss
Announcement Date
21 November 2013
Employment effect (start)
23 December 2013
Foreseen end date
31 December 2014

Description

Multinational insurance company Aviva is to cut 120 jobs in France by the end of 2014. This is part of a worldwide restructuring (see ERM Factsheet).

The management has concluded an agreement with labour unions that aims at reducing the workforce via natural attrition and a support scheme for personal projects.

The group employs about 3,300 staff in France.

Sources

  • 21 November 2013: Les Echos

Citation

Eurofound (2013), Aviva, Internal restructuring in France, factsheet number 76258, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76258.