Direct Line Group's in-house legal team is facing "sizeable" job cuts as part of a cost-cutting plan that will see 2,000 of the insurance business's 14,400 staff made redundant. Direct Line confirmed company-wide job cuts yesterday (26 June) as part of the next stage of its restructuring and reduction of its cost base, after Royal Bank of Scotland (RBS) gave up control of the insurer earlier this year.
June 27, 2013 at 07:28 AM
1 minute read
The original version of this story was published on Legalweek
Direct Line Group’s in-house legal team is facing “sizeable” job cuts as part of a cost-cutting plan that will see 2,000 of the insurance business’s 14,400 staff made redundant.
Direct Line confirmed company-wide job cuts yesterday (26 June) as part of the next stage of its restructuring and reduction of its cost base, after Royal Bank of Scotland (RBS) gave up control of the insurer earlier this year.
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