British insurer Aviva has announced plans to cut up to 2,300 jobs as part of its acquisition of Direct Line in a £3.7 billion deal, creating the UK’s largest home and motor insurer. Although the merger will streamline operations and generate annual savings of £125 million, it comes amidst significant workforce reductions and is a pivotal move for CEO Amanda Blanc. Analysts remain optimistic, with Aviva’s share price increasing following the news. Source and details of the news