Zurich is consulting with unions on plans to cut staff numbers by about 10% by the end of the year. The business employs 5,400 staff in 20 locations all around the country but it is unclear which offices will be affected. The news comes on the same day as rival Aviva, owner of Norwich Insurance, said it would cut 1,800 jobs by 2010. 'Acting swiftly' Zurich said the "decisive" restructuring would improve customer focus and help to achieve more "sustainable" growth in profits. And it said that between 700 and 900 posts were likely to be lost. But the business, which provides general cover for companies and individuals, operates from 20 sites, the largest being in Birmingham and Whiteley, Hampshire. "However, it is clear that if we want to remain competitive, we must act swiftly to increase efficiencies so that we can achieve our growth plans and safeguard the future of our business in the UK."
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