Pension firm Aegon cuts Edinburgh jobs

Related Stories

The life and pensions company Aegon is to cut more than 100 jobs as it restructures the business.

The Dutch insurer's UK arm is based in Edinburgh and most of the cuts are expected to affect workers in the capital.

Some jobs are also going south of the border at the firm's IT base in Lytham St Annes, near Blackpool.

It is part of the company's strategy to cut costs by 25%. More than 1,000 jobs have been lost so far.

Brian Linn, general secretary of Aegis the Union, said: "For many of our members, today's announcement brings months of uncertainty to an end.

"However, we appreciate that a considerable number of people are in areas impacted by redundancy and have some difficult choices to make.

"We are confident the majority of job losses will be achieved voluntarily and we will resist any attempts to make our members compulsorily redundant."

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

BBC Edinburgh, Fife and East

Weather

Edinburgh

16 °C 11 °C

Features

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.