http://news.bbc.co.uk/1/hi/business/6452959.stm
Prudential says 3,000 of its staff will be affected after it raised its UK cost-cutting target to £195m ($375m) from £115m.
The savings will come from internal cost-savings as well as the offshoring and outsourcing of more jobs.
Prudential will focus on areas such as annuities and is buying Equitable Life's with-profits annuity portfolio.
The Pru's life and pensions business employs about 6,000 people, including 2,400 in Stirling and 1,900 in Reading.
"We are looking at the work of 3,000 people and the importance of the work of those 3,000 people we have yet to determine," said Nick Prettejohn, chief executive of Prudential UK.
"Whether our cost savings come from more offshoring or more outsourcing we have yet to determine."
jobs
Prudential says 3,000 of its staff will be affected after it raised its UK cost-cutting target to £195m ($375m) from £115m.
The savings will come from internal cost-savings as well as the offshoring and outsourcing of more jobs.
Prudential will focus on areas such as annuities and is buying Equitable Life's with-profits annuity portfolio.
The Pru's life and pensions business employs about 6,000 people, including 2,400 in Stirling and 1,900 in Reading.
"We are looking at the work of 3,000 people and the importance of the work of those 3,000 people we have yet to determine," said Nick Prettejohn, chief executive of Prudential UK.
"Whether our cost savings come from more offshoring or more outsourcing we have yet to determine."
jobs
Comment