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News 2026-09-23 09:38 UTC

L&G to cut about 10% of workforce by mid-2027, Bloomberg News reports

Legal & General LSE:LGEN plans to reduce its headcount by roughly 10%, or about 1,000 jobs, by the middle of 2027, Bloomberg News reported on Wednesday, as CEO António Simões presses ahead with a drive to streamline the British insurer.Reuters could not immediately verify the report.