Insurance company to axe 1,000 jobs

Insurance giant Standard Life is to axe 1,000 jobs under plans to cut costs, the company announced today.

Insurance company to axe 1,000 jobs
Wed, 31 Mar, 2004 - 10:28

Insurance giant Standard Life is to axe 1,000 jobs under plans to cut costs, the company announced today.

The firm, the biggest life assurance company in Europe, said its life and pensions business is to be “repositioned” to achieve profitable growth.

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