LV confirms 300 redundancies following L&G takeover
CEO Steve Treloar explains the consultation process is now complete after the provider last year put up to 600 roles from across LV and L&G at risk as part of a restructure.
LV GI chief executive officer, Steve Treloar, has confirmed that the provider has cut 300 jobs as a result of the integration of Legal & General into the business.
Treloar told Insurance Age: “These processes are never something that we really want to undertake but as part of the integration we set out a path to reshape our business over the next two and a half years.
“We’ve now completed the process and unfortunately we’ll be losing around 300 staff from the business.”
It was previously
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