Insurance and reinsurance broker Aons global Restructuring Plan, initiated in 2017, is now expected to result in estimated job losses of between 4,800 to 5,400, which is up 12% from the 4,200 to 4,800 expected job eliminations announced in early 2018.
The updated range was announced in the global brokers most recent annual 10-K filing, which, alongside details of the companys financial performance through 2018, also discusses Aons Restructuring Plan in connection with the sale of its Divested Business.
The restructuring plan is intended to streamline processes across the organisation, ultimately improving efficiency, insight and connectivity. The broker states that ongoing restructuring activities are anticipated to impact the business t…
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