Britain’s largest union, Unite, warned Aviva against slashing jobs and eroding terms and conditions following confirmation of the company’s takeover of Friends Life in a £5.6 billion deal.
The union, which represents over 4,000 members across both companies, is fearful that a dash to cut costs in the newly formed company could lead to customer service levels deteriorating if jobs are cut.
Commenting, Unite national officer Dominic Hook said: “We would urge Aviva to resist the temptation of using the takeover as an excuse to slash jobs and erode terms and conditions of staff who have turned the company’s fortunes around in the last couple of years.
“Any moves to do so risks a deterioration in customer service and a loss of important skills and knowledge to the new company. We will be seeking urgent meetings with both Aviva and Friends Life to press for clarity and assurances about the future of the combined workforce in the new company.”
For further information please contact Unite head of media and campaigns Alex Flynn on 020 3371 2066 or 07967 665869.
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.