Lloyd's contacts all staff about voluntary redundancies
Corporation sends email to staff about voluntary severance programme.
Lloyd’s has written to all of its 1,100 staff to invite them to register their interest in a voluntary severance programme.
The story was first reported by The Insurance Insider and Lloyd’s said it had not provided staff with a target number of voluntary redundancies, adding that it was currently reviewing its operational structure.
The corporation stated it did not have a figure attached to the programme at this moment in time, but that it was part of a process to cut out duplication and make
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