AXA Union News

Closure of Two AXA Life Sales Branches Announced

AXA Life has today announced the closure of its offices in Reading and Watford.

There has been consultation with Unite about this decision. Rather than the closures being purely driven by cost cutting, this move is intended to allow the setting up of a new servicing & support model into AXA Wealth Management located at Basingstoke. Initial feedback indicates that the impacted branch employees accept the logic behind this plan to improve customer service.

Some employees will move to home working and some will relocate to Basingstoke. Unfortunately there is the probability of some redundancies for the sales support employees located at Watford due to the distance from there to Basingstoke.

We have been informed that there are no further lease breaks due in 2008 for AXA Life branches, so it is highly unlikely that any further branch closures will be considered during 2008.

The company has advised us that these closures will not affect the AXA Insurance employees located at Reading and Watford at this time.

14th November 2007

Return to latest news