Jobs fear as Axa reveals £150m cost-cutting plan
Staff at Axa Life’s Bristol offices are fearing for their jobs, after it was announced that 350 posts nationwide would go in an attempt to save up to £150m. In a statement today, Nicolas Moreau, group chief executive of Axa UK, said the company would have to make “difficult” decisions in relation to employee headcount, but the business would emerge from the recession leaner and stronger.
August 5, 2009 | Posted in BUSINESS, Banking, FEATURED, Insurance, Local News, Personal Finance | Read More »
