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

Summarised from 2 outlets · Updated 23 Sept, 15:03

Legal & General plans to cut 1,000 jobs by mid-2027, about a tenth of its workforce.

The insurance and pensions firm will begin with voluntary redundancies in the UK but may consider mandatory job cuts depending on take-up. Chief executive António Simões announced the move as part of his transformation programme since taking over in January 2024.

How it is being reported

• Legal & General to cut 1,000 jobs by middle of 2027City AM · 23 Sept, 13:53
• Legal & General to cut 1,000 jobs by mid-2027The Guardian · 23 Sept, 12:51

In this story: Legal & General · António Simões · Nigel Wilson · UK

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