
Up to 700 jobs to go as Aon completes acquisition of Benfield
Aon said an "estimated 500 to 700 positions, predominantly non-client facing roles, are expected to be eliminated as part of the plan", which will make for a new "streamlined" company.
It added that the job losses - as part of the restructuring plan - will cost $185m, or £120m.
"The restructuring plan, before any potential reinvestment of savings, is expected to deliver approximately $33-41m (approximately £21-27m) of savings in 2009, approximately $84-94m (approximately £54-61m) of savings in
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 [email protected]ge.co.uk.
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] 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 [email protected]
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 [email protected]
More on E-Trading
Most read
- People Moves: 8-12 August 2022
- LV issues fire and subsidence warning amid heatwave
- Experts warn that cost of living crisis could increase ghost broking cases
- MGAs rising up GRP’s buying plans
- Top 5 read stories: 8-12 August 2022
- Biba adds eSentire as associate
- Aviva UK sees COR deteriorate and operating profit slip