Direct Line managing director Darrell Evans
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Direct Line to cut 900 jobs to save costs

Insurance company Direct Line Group, which is being demerged by parent company RBS, has said it will shed 900 jobs in a bid to save costs.

Direct Line has launched a series of initiatives to target £100m of gross annual cost savings by the end of 2014.

That includes the closure of a site in Stockton-on-Tees, which will affect about 500 jobs.

Direct Line managing director Darrell Evans said that staff would be consulted about the proposal and supported to find redeployment or new employment.

  • 05 Sep 2012
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