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Admiral to slash 500 jobs as part of £100m savings

Alistair Hargreaves of Admiral

Admiral has confirmed it will be cutting around 5% of its workforce in a bid to save £100m.

The job cuts, announced on Wednesday (23 September), will affect 500 jobs in the UK and are part of a cost-cutting plan.

Admiral CEO Alistair Hargreaves, pictured, claimed the changes are aimed at making the insurer “faster and more efficient so we can continue to deliver great customer outcomes”.

It comes as the Cardiff-headquartered firm noted it is making changes to its UK insurance business to ensure it “has the right structure, skills and ways of working to meet evolving customer needs”.

Admir

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