Keep calm and carry on

Andrew Pearce

Within the space of 10 minutes yesterday more than 350 jobs were effectively chopped.

The news that both Aviva and Direct Line were set to significantly trim their workforces broke in quick succession as both providers seemingly fought out a bad news battle to top the headlines.

‘Streamlining’, ‘restructuring’ and ‘efficiency’ were the buzz words used. But, in short, Aviva were cutting 120 jobs from its Sheffield office of Asprea and Direct Line was scything down 230-odd roles.

Of particular interest for brokers, some 90 jobs at NIG are also facing the axe as part of Direct Line

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