A Lloyd’s of London spokesman told Post that the notice to staff did not give a target number of voluntary redundancies and that the decision reflects the corporations commitment to cut costs and priority to not be a "burden on the market.” “Staff are free to make an expression of interest. We don’t have a fixed number to reach and we do not have a specific number of roles in mind,” the spokesman said. “Staff have known that the review is happening and we have been open about the review."
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