UK - Aon Consulting UK arm was left largely unscathed by the 750 job cuts announced by the company yesterday.
A spokesperson confirmed that a “very small” number of staff would be lost from the consulting arm. “Consulting has already undergone structural change in 2004, so they won’t really be affected,” he said.
Specialty and risk services divisions and corporate shared services functions will bear the brunt of the 750 job cuts, which will take place over the next 24 months. These divisions will see a reduction of internal management structures.
Aon UK chief executive Dennis Mahoney said the announcement formed part of the company’s plans to reshape in the UK around its’ clients needs in order to secure growth.
“Sadly this means a number of people will have to leave us. We will enter into full consultation with our employees to ensure everyone is dealt with in the most equitable and fair way possible. No one likes to lose people from a business, but these are necessary and difficult choices in order to secure the long term future for the majority of the business.”
Mahoney said 2006 would be a “watershed year” for Aon in which it aimed to meet the challenge of a profoundly changed marketplace.
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