text: Marsh axes 3,000 as insurer braces itself for a payout MARSH  amp; MCLENNAN, the insurance broker, is to axe 3,000 jobs to help to prop up its flagging profits, which have been hurt by a \$232 million (125 million) charge to cover a potential settlement with Eliot Spitzer, the New York attorney-general.
inputs: Marsh axes 3,000 as insurer braces itself for a payout MARSH  amp; MCLENNAN, the insurance broker, is to axe 3,000 jobs to help to prop up its flagging profits, which have been hurt by a \$232 million (125 million) charge to cover a potential settlement with Eliot Spitzer, the New York attorney-general.