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Latest News

AXA to cut 700 jobs

by Personnel Today 15 Jan 2004
by Personnel Today 15 Jan 2004

Insurance
giant AXA is to cut up to 700 jobs in the UK and is planning to switch jobs to
India.

The
French-owned firm said 220 jobs would be axed at its general insurance sites in
Morecambe and Darlington and 250 posts will go through efficiency measures at
other offices.

Plans
to switch work to Bangalore, India, will result in further job losses of up to
230.

"We
are continually looking at ways in which to become an even stronger player in
an increasingly competitive marketplace, and off-shoring some jobs to AXA
Business Services in India is one of the options," said the company.

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The
announcement follows moves announced earlier by Abbey to close call centres in
the UK and switch work to India.

By Ross Wigham

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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