09-05-2017 15:45 via insuranceinsider.com

Aon confirms $100mn charge from headcount reduction

Aon has reported a $103mn charge in the first quarter related to
workforce reductions, 24 hours after The Insurance
Insider revealed that Aon was planning to unveil a
programme tocull its senior ranks .Total restructuring costs in Q1, including the staff severance
component, amounted to $144mn, the professional services giant said
today.
The first-quarter results filing also revealed that another
$104mn of charges were expected from through further headcount
reductions.
The redundancies and reti
Read more »