Insurance Broker Aon to Cut Up to 1,800 Jobs

Aon Corp., the world's biggest insurance broker, revealed in a regulatory filing Thursday a restructuring plan which includes cutting 1,500 to 1,800 positions globally, as it combines the operations of the recently acquired Hewitt Associates with its own.

Aon Buys Hewitt for $4.9 Billion

Aon Corp. and Hewitt Associates announced Monday that the boards of directors of both companies have approved a definitive agreement under which Hewitt will merge with a subsidiary of Aon.