Aviva’s New CEO to Split Company and Cut 1,800 Jobs
- Tulloch plans to reduce expenses by 300 million pounds a year
- CEO says cost-cutting will involve shedding about 1,800 roles
This article is for subscribers only.
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.
Aviva Plc’s new chief executive officer, Maurice Tulloch, kicked off his overhaul of the company with a plan to cut costs and jobs and streamline its U.K. business.