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Aviva slashes jobs and redundancy pay

Aviva slashes jobs and redundancy pay

18 April 2013

Unite, Britain's biggest union, has expressed fury over Aviva's decision to drastically cut redundancy pay in the UK while announcing 2,000 job cuts worldwide. 

Unite fears that UK jobs are under threat from today's announcement which would be on top of 800 redundancies already announced last year.

Unite national officer Dominic Hook said: "Once again finance staff are being forced to pay the price for boardroom failure. Aviva has also announced plans to slash redundancy pay, with longer serving staff losing more than a quarter of their entitlement. To cut redundancy pay so drastically when there is deep uncertainty over job security is a callous and disgraceful act. 

"Since the departure of CEO Andrew Moss less than 12 months ago, the UK workforce, which is the backbone of the company, has suffered job cuts, pay freezes and now faces an attack on their redundancy terms, when the company is planning more cuts. Unite will give staff all the support possible to oppose any job losses in the UK and the cuts to redundancy terms."

ENDS

Contact Ciaran Naidoo 07768 931 315 

  • Unite is Britain and Ireland’s largest trade union with 1.5 million members working across all sectors of the economy. The general secretary is Len McCluskey.