Aon will cut up to 5,400 roles, compared to the 4,800 cuts previously announced, as part of a global restructuring plan that was put in place in 2017. The insurance and reinsurance broker has already axed 4,366 jobs at a cost of $982m. The restructuring is set to cost around $500m, while savings from the plan are expected to be around $1.2bn per year. The restructuring is aimed at increasing efficiency, connectivity and insight across the company.
Aon will cut up to 5,400 roles, compared to the 4,800 cuts previously announced, as part of a global restructuring plan that was put in place in 2017. The insurance and reinsurance broker has already axed 4,366 jobs at a cost of $982m. The restructuring is set to cost around $1.2bn, while savings from the plan are expected to be around $500m per year. The restructuring is aimed at increasing efficiency, connectivity and insight across the company.