The Insurance firm Legal and General made announcements last week that it had notified staff that there was going to be more redundancies in the coming months. The firm expects there to be another 650 job cuts following a reported loss of £1.5 billion.
The southern based insurance company have offices in Surrey, Hove, Cardiff and London. They have said the new figures will amount to 10% of its workforce. This includes cuts of 450 job losses that were made last month.
The Union that is associated with the group have said that the union members are very angry and disappointed with the decisions that have been made, they thought that they had seen the worst of the redundancies last month.
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