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Insurance and pensions giant Legal & General set to cut 1,000 jobs in bid to become ‘leaner’ business

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INSURANCE and pensions giant Legal & General is preparing to cut around 1,000 jobs as it moves to become a “leaner” business. Chief executive Antonio Simoes broke the news to staff in an email on Wednesday — warning the firm had become more complicated than necessary. The proposed cuts, expected to be completed by the…

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