Legal and General plans up to 450 Job Losses

26th March 2009 11.30am

Axe to fall at L&G

UK insurer Legal and General (L&G) is planning to cut between 250 to 450 jobs.

With main offices in London, Brighton, Cardiff and Kingswood in Surrey it is not yet known where the axe will fall.

L&G employs around 8500 staff in the UK. In  a statement made by the company the firm it said that it has begun consulting with the unions. Additionally a spokesman for the company said " L&G will keep any potential redundancies to a minimum and will try to find suitable alternative employment for staff affected"

Further updates will be added as news emerges

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Staff writer Insurance Jobs Board

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