Global restructuring will see 2,700 jobs lost worldwide
Aon today confirmed it is to cut 2,700 jobs worldwide, with job losses to occur in the UK.
The company is aiming to save $240 million in a cost-cutting drive, as part of an overall restructuring programme.
However, the broker giant said it was not in a position to be able to disclose the number of UK job losses.
Aon currently employs 46,000 people in 120 countries.
An Aon spokesperson said: “We are not providing further information on [expected UK job losses] beyond what has been announced in Aon Corporation’s statement. It is important to note that the UK is contributing to this restructuring programme through a number of initiatives already in train.”
“They cover a range of areas, including a major property optimisation programme, where we are seeking to release a significant amount of unused or underutilised office space in the UK following the operational changes we have made over the past couple of years. This will realise substantial annual savings that can be reinvested in revenue generation.”
“There has also been a significant investment in establishing our e-trading capabilities, something that is fundamental to our future success.”
“In addition, this past year has seen the company invest in a restructuring programme for our shared services areas, such as finance, HR, communications and other support functions, creating more streamlined centres of excellence.”