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Direct Line to Cut Jobs

Direct Line job cutsIt has been announced that insurance company Direct Line is set to cut around 2,000 UK job roles.

The company announced its plans earlier this week and staff have already been consulted about the possible changes.

The job cuts are a part of the company’s ongoing plans to reduce costs – up to £200m a year is thought to be saved if the planned job cuts go ahead.

At present Direct Line employs 14,400 staff across the country. The job cuts are expected to be within head office and affect support roles – although the company has said they would like to position those affected by the job cuts in other parts of the business or help to find them new employment.

The insurance group, which also owns other brands including Churchill and Green Flag, has already made job cuts this year as part of its cost cutting efforts. Since August 2012, Direct Line has seen 1,200 jobs axed in the UK and this latest round of job cuts will see 14% of the company’s staff let go.