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

The Guardian · 23 Eylül 2026
Legal & General to cut 1,000 jobs by mid-2027

<p>Programme will initially involve voluntary redundancies in the UK but the insurance and pensions firm will consider mandatory job cuts depending on the take-up</p><p>Legal &amp; General plans to cut 1,000 jobs by the middle of next year, about a tenth of the British insurance and pensions firm’s workforce.</p><p>António Simões, the chief executive, is wielding the axe as part of his attempts to create a “leaner organisation” since taking over from longtime CEO Nigel Wilson in January 2024. L&