Insurer Direct Line to cut about 2000 jobs

Newswire

June 26 (Reuters) - Direct Line Insurance Group Plc said it may cut about 2,000 positions as part of further cutbacks at Britain's biggest car insurer. Direct Line said it expects the restructuring to cost 150 million pounds ($231.07 million), which will be recorded in 2013 or 2014.

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Feb 10, 2017
Video
WardsAuto

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×