Admiral insurance firm to cut 500 UK jobs
Summarised from 2 outlets · Updated 24 Sept, 08:26 · Archive
Admiral is cutting 500 jobs from its UK insurance business, about 5% of its workforce.
The car insurance firm says the restructuring aims to save £100m. Admiral stressed that the job cuts are not due to artificial intelligence.
How it is being reported
- Admiral to cut hundreds of jobs but car insurance giant says 'it's not down to AI'Admiral said the restructuring, which aims to save the company £100m, will see 500 jobs cut from its UK business in a move it stressed was not down to AIThe Mirror · 24 Sept, 08:01
- Admiral insurance firm to cut 500 jobs in the UKThe proposals relate to Admiral's UK insurance business, and will affect about 5% of its workforce.BBC News · 23 Sept, 15:00
In this story: Admiral · UK
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