Legal and General is announcing redundancies and trying to avert legal action but it looks as though it is a losing battle.
As Reuters point outt, Insurer Legal & General is in talks with unions to make up to 560 staff redundant, a spokesman for the group said Tuesday, marking the latest in a wave of job cuts to hit the financial sector.
The L&G spokesman said the redundancy target included 300 full-time positions, with temporary contracts accounting for the remainder.
The Unite trade union said L&G's plan was "disturbing," and it would fight any attempt to impose compulsory redundancies.
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