Perth spared as trio of Aviva office closures to see 1,500 staff shed
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Aviva’s core locations are to remain in Bristol, Norwich, Sheffield, York and Perth following announcements that Britiain’s largest insurer is to close three offices in the wake of its takeover of Friends Life.
The group had announced earlier this year that it is aiming to save £225m in costs by the end of 2017 after buying the Friends Life business in 2014.
The group has now said that two Friends Life offices and one of its own will shut over the next 18 months.
The closures will be in Salisbury, Stretford and Salford.
Aviva also said it plans to reduce its presence in Exeter, Dorking and Manchester as it cuts staff by up to 1,500 people.
“We have previously said that we expect to deliver approximately £225m of annual savings by the end of 2017 as a result of the Friends Life acquisition. Savings are expected to come from a number of areas, including simplifying the business and reducing property costs,” said a spokesperson.
“The changes will happen between now and the end of 2016 and we will look to minimise the impact by offering redeployment opportunities where possible,” added a spokesperson.
The company’s headquarters will remain in London.
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