Prudential cuts 2,000 jobs in sales overhaul

Prudential, Britain's second-largest insurance group, said today it would cut 2,000 sales jobs over a year in a restructuring…

Prudential, Britain's second-largest insurance group, said today it would cut 2,000 sales jobs over a year in a restructuring of its direct sales force.

Prudential employs 11,500 people in it British insurance business. The cost of restructuring is expected to be £110 million sterling.

Reuters