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Direct Line To Axe About 550 Jobs As Part Of £50m Cost-cutting Drive
Company to shed about 6% of its workforce of 9,000 as it loses car insurance customers
Direct Line is to axe about 550 jobs as part of a cost-cutting drive at the insurance company.
The Kent-based company said that it was consulting on the jobs, which would represent about 6% of its total 9,000-person workforce, as part of drive to save £50m next year.
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