Legal and General

Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
London, Surrey, Cardiff, Brighton
Sector
Financial / Insurance/ Estate
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
650 jobs
Number of planned job losses
Job loss
Announcement Date
25 March 2009
Employment effect (start)
Foreseen end date

Description

Legal and General, an insurance company, is to cut 650 jobs across the UK. The firm, which employs 8500 people in offices in London, Surrey, Cardiff and Brighton, is attempting to reduce its costs. As of 25 March 2009 no date has been given for the implementation of these cuts.

Sources

Citation

Eurofound (2009), Legal and General, Internal restructuring in United Kingdom, factsheet number 68396, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68396.