Legal & General Plans to Cut 10% of Jobs by Mid-2027
The financial services company will begin with voluntary redundancies in the U.K., excluding its asset management division.
Business & Markets • 2 hours ago
Legal & General Group PLC announced plans Thursday to reduce its workforce by 10% by the middle of 2027. The company informed staff that the initial phase of these job cuts will involve voluntary departures within the United Kingdom.
The planned reductions do not encompass the company's asset management business. Further details on the timeline and scope of the layoffs were not immediately available.