Willis confirms 350 redundancies
Broker says the changes are in line with its restructuring programme.
Willis has confirmed that it is to cut jobs across its operation in the UK as part of its restructure to improve operational efficiency.
Sister title Post learned that the number of redundancies could now hit 350 as part of its plan to save $420m (£284.2m) by the end of 2017.
Some work currently undertaken in London is set to be moved to Ipswich and Mumbai.
The broker announced plans to relocate up to 200 roles to cheaper locations in May last year.
Efficiency
A spokesperson told Insurance Age:
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- In Depth: Managing cyber risk in an ever-changing security landscape
- Covéa cuts losses but underwriting deficit grows
- JMG strikes its biggest deal of 2024 with BQI swoop