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Legal & General Group plc, commonly known as Legal & General or L&G, is a British multinational financial services and asset management company headquartered in London, England. Its products and services include investment management, lifetime mortgages, pensions, annuities, and life insurance.

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economy16 h ago

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

According to The Guardian Business, Legal & General plans to cut 1,000 jobs by the middle of next year, about a tenth of its workforce, with initial voluntary redundancies in the UK and possible mandatory cuts depending on take-up. António Simões, the chief executive, is driving the plan as part of a move to create a leaner organisation since succeeding Nigel Wilson in January 2024.

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

economy16 h ago

coda.news AI summary

Voluntary redundancies will begin in the UK.
Mandatory cuts may follow depending on take-up.
The job cuts total 1,000, about 10% of the workforce.
The plan is described as the next stage of a transformation.

Legal & General

The Guardian BusinessRead original ↗

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