A day after completing the takeover of Canada Life, Great-West Life Co.’s CEO said his company will be cutting jobs.

In a conference call on Friday, Raymond McFeetors didn’t disclose how many positions will be eliminated or when the cuts will take place.

“We know this will initially result in fewer jobs across the overall organization, but at this early stage in the integration process we can’t identify our overall staffing requirements,” McFeetors said.

The newly merged company plans to consolidate its group insurance and living benefits insurance businesses in Winnipeg.

The firm’s individual life insurance, group retirement and individual retirement and investment services will be headquartered in London, Ont.

Integration is expected to take anywhere from 18 to 24 months to complete, McFeetors said.