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Axa jobs axed: latest in trend

Nearly 5,000 insurance jobs lost since credit crunch

Nearly 4,500 jobs have been lost across UK general insurance since the credit crunch began with Axa being the latest insurer to announce hundreds of redundancies.

Across the UK, thousands of staff have now either been made redundant or are in the middle of a consultation process and hoping to keep their jobs.

Last month the French insurer announced the results of an extensive review of operations to "support its strategic direction which is focused on customer-centricity, ownership and

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