Aon announced yesterday that it is to consolidate its US retail broking operations with the loss of some 550 jobs.
The move will see the broking giant consolidate its New York and Huston administrative function operations into a single unit located in Illinois, resulting in the loss of 500 jobs, with a further 50 to go at its Maryland operations.
The move forms part of Aon's ongoing restructuring programme. In March, Aon announced plans to remove an additional 400 positions during its three-year restructure, increasing its initial estimate of 1,400 employee positions to be eliminated by the end of 2007 to 1,800.
