RSA has announced that it will close its Bristol office by 2012 as part of an efficiency drive to save £70m, resulting in the loss of 400 permanent jobs.
This marks the biggest single number of job losses announced in Bristol since the start of the recession and is expected to affect 500 jobs in total.
Adrian Brown, chief executive of the firm, said RSA was fully committed to supporting its people through the closure by implementing outplacement services to help them secure new roles.
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