World & BusinessLegal & General reportedly seeks to cut about 10% of its workforce by mid-2027
The Financial Times reports that 1,000 jobs are set to go as part of CEO António Simões’ broader restructuring of the group.
TLDR
Bloomberg reports that Legal & General is seeking to reduce its workforce by about a tenth by mid-2027 as part of CEO António Simões’ push to simplify the British insurer and asset manager. The Financial Times puts the planned cuts at 1,000 jobs and describes them as part of a broader restructuring.
Legal & General reportedly seeks to cut about 10% of its workforce by mid-2027
The Financial Times reports that 1,000 jobs are set to go as part of CEO António Simões’ broader restructuring of the group.