Royal & Sun Alliance plans to cut thousands of jobs worldwide over the next two years as part of its...
Royal & Sun Alliance plans to cut thousands of jobs worldwide over the next two years as part of its restructuring program that focuses on boosting outsourcing and disposing of non-performing assets. Acting chief executive Bob Gunn, standing in while the company looks for a successor to Bob Mendelsohn, announced the job cuts along with the company's third quarter results. 3,100 staff will go in the UK: 1,600 from the outsourcing of administrative staff previously attached to the now sold life business; 900 from the general business side; and a further 600 from the outsourcing ...
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