Legal & General Group Plc is planning a substantial workforce reduction, aiming to cut approximately 10% of its employees. This strategic move is intended to streamline operations and enhance overall company efficiency. The insurer believes these measures will lead to improved performance and cost savings. While the exact number of affected employees has not been disclosed, the company is focused on optimizing its structure. This initiative reflects a broader trend of companies seeking greater efficiency in the current economic climate.
London, England
https://www.ndtvprofit.com/business/l-g-layoffs-10-reduction-in-workforce-planned-to-boost-efficiency-say-reports-12085992/amp/1