Legal & General to Cut Around 1,000 Jobs by Mid-2027
14 Articles
14 Articles
Legal & General to cut 1,000 jobs by middle of 2027
Legal and General plans to cut 1,000 jobs by the middle of next year as part of a push from chief executive Antonio Simoes to create a “leaner operation”. The UK’s largest asset manager informed staff on Wednesday on email that it has begun moves to eliminate 10 per cent of its workforce. The programme will involve voluntary redundancies in the UK but the company did not rule out mandatory job cuts depending on the take-up. “Over the last decade…
Evening Standard
Legal & General to cut around 1,000 jobs by mid-2027
Boss Antonio Simoes told staff in an email on Wednesday that the company needs to ‘become a leaner organisation’.
L&G layoffs: London-based company to cut 10% of workforce, or about 1,000 jobs, by mid-2027
L&G is seeking to reduce its workforce in efforts to improve efficiency, as per Bloomberg. CEO António Simões is currently moving ahead with plans to streamline the British insurer.
British insurance and asset management group Legal & General (L&G) is preparing to reduce its workforce by approximately 10 percent as part of a plan to streamline its corporate structure. The company aims to achieve this reduction by 2027...
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