Aon Corporation, the world’s biggest insurance broker and on the employer-of-choice-list of many MBA candidates, plans to cut 1,500 to 1,800 jobs globally as it integrates businesses after the acquisition of consulting firm Hewitt Associates Inc. The Chicago-based company said expects the integration to generate annual savings of about 355 million dollar in 2013. Aon Hewitt, the consulting subsidiary created by Aon’s CEO Gregory Case has about 29,000 employees.
Read the full article: Aon expects to cut at least 1.500 jobs