Direct Line set to cut 800 jobs between 2021 and 2022
Direct Line announced on Wednesday it would be cutting 800 positions from their 11,000 strong staff between 2021 and 2022.
The cuts will hit cross-section roles and are part of the lender’s plans to reduce costs by £60.0m. One of its regional offices would also be shut, but the location had yet to be revealed
A spokeswoman for the company, which also owns the Churchill and Green Flag brands, said: "Like many companies we are having to prepare for changes in the way we operate reflecting changing customer behaviour where people are increasingly opting to interact with us digitally. We are therefore proposing a number of changes across the business which sadly mean the loss of jobs for some of our people.
"These decisions are always really difficult, we take the wellbeing of our people very seriously and have given people as much time as possible to prepare."
Direct Line said it would inform staff of the changes on Wednesday.
One of Direct Line's sites is understood to have been earmarked for closure in 2022 with another set to be significantly downsized, according to Sky News.