Ligal and General to cut 10% staff by 2027

The British company «Legal & General» plans to reduce its workforce by 10%, approximately 1,000 jobs, by mid-2027, in order to streamline the organization and improve performance. The company will offer a voluntary redundancy program, with the possibility of mandatory layoffs if necessary, to focus investments on growth sectors and boost shareholder value, as CEO Antonio Simones seeks to reorganize the company and enhance its financial performance.

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