Aviva takeover of Friends Life must not be merely a st...

Aviva takeover of Friends Life must not be merely a staff cutting exercise

26 March 2015

Unite, the country’s largest union, has warned Aviva against job cuts as the takeover of Friends Life is confirmed today (Thursday 26 March). Unite is anxious that the erosion of terms and conditions does not become the basis of the takeover of Friends Life in the £5.6 billion deal.
The union, which represents around 4,000 members across both companies, is calling on Aviva to meet with Unite as a matter of urgency to reassure all staff that the pursuit to cut costs will not be the outcome of the takeover.
Responding to the deal today Unite national officer Dominic Hook said: “Unite will be seeking assurances from Aviva that the takeover of Friends Life will not be used as an excuse to slash jobs and erode the terms and conditions of staff in the pursuit of short term savings for shareholders keen to get a quick return.
“Unite wishes to actively engage with Aviva to avoid any job losses and ensure the workforce get urgent reassurances. The skills and experience of the long serving staff across Friends Life and Aviva will form the basis of the future success of the new company. At this stage it is vital that Aviva give employees clarity and assurances about the future of the combined workforce in the new company.”
For further information please contact Unite senior communications officer Saba Edwards on: 07768 693 953.
Twitter: @unitetheunion Facebook: unitetheunion1
Notes to editors:
Unite is Britain and Ireland’s largest trade union with over 1.4 million members working across all sectors of the economy. The general secretary is Len McCluskey.