Royal London

Type
Internal restructuring
Country
United Kingdom
Region
North West (England); Merseyside; Liverpool
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
222 jobs
Number of planned job losses
Job loss
Announcement Date
8 August 2011
Employment effect (start)
31 December 2011
Foreseen end date

Description

Royal London has announced 222 redundancies and the closure of its Liverpool office after deciding to integrate operations into the Wilmslow office. However, new posts will be created in Wilmslow and London, and a process has been put in place to enable Liverpool-based employees to apply for these posts on a "preferred candidate" basis.

Sources

  • 8 August 2011: Mortgage Introducer

Citation

Eurofound (2011), Royal London, Internal restructuring in United Kingdom, factsheet number 72522, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72522.