Sunday, 8 November 2026

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Business

Legal & General to cut 1,000 jobs by mid-2027

Programme will initially involve voluntary redundancies in the UK but the insurance and pensions firm will consider mandatory job cuts depending on the take-upLegal & General plans to cut 1,000 jobs by the middle of next year, about a tenth of the British insurance and pensions firm’s workforce.António Simões, the chief executive, is wielding the axe as part of his…

Programme will initially involve voluntary redundancies in the UK but the insurance and pensions firm will consider mandatory job cuts depending on the take-upLegal & General plans to cut 1,000 jobs by the middle of next year, about a tenth of the British insurance and pensions firm’s workforce.António Simões, the chief executive, is wielding the axe as part of his…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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