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

    Picture of Legal & General logoLegal & General
    23/09/2026 10:37
    L&G to cut about 10% of workforce by mid-2027, Bloomberg News reports
    Sept 23 (Reuters) - Legal & General LGEN.L 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.

     (Reporting by Anushka Chourasia in Bengaluru; Editing by Vijay Kishore)
     ((Anushka.Chourasia@thomsonreuters.com))

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