Labour MP Alex Barros-Curtis has called for urgent meetings with Admiral, Legal & General and the BBC amid concern over a series of job-cut announcements that could have a significant impact on Cardiff and the wider South Wales economy.
The Cardiff West MP said he was working with fellow Labour MPs Jo Stevens, Stephen Doughty and Anna McMorrin, as well as local MSs and councillors, to seek assurances over jobs and support for affected workers.
Barros-Curtis said:
"I am deeply concerned by the potential job losses following recent announcements and reports involving Admiral, Legal & General and the BBC."
He added:
"We also urge each organisation to engage fully and constructively with the trade unions throughout the process."
Admiral plans 500 UK job cuts
Cardiff-headquartered insurer Admiral announced this week that it plans to cut around 500 roles from its UK insurance business, equivalent to about 5% of that workforce, as part of a programme intended to deliver £100 million in savings.
The company has begun a 45-day collective consultation and says it will seek redeployment opportunities where possible, alongside enhanced redundancy terms and career-transition support. Admiral has said the reductions are not being driven by its adoption of artificial intelligence.
The announcement has particular significance for Cardiff because Admiral is headquartered in the city and remains one of Wales's largest private-sector employers.
Legal & General proposes around 1,000 reductions
Legal & General has separately announced plans to cut around 1,000 jobs by the middle of 2027, representing roughly a tenth of its workforce.
The financial services group employs more than 2,000 people at its Cardiff operation, making any significant restructuring a major concern for the local economy.
Chief executive António Simões told staff the company needed to become a "leaner organisation". The process will begin with voluntary redundancies among UK employees, excluding the asset-management division, although compulsory reductions could follow depending on take-up.
L\&G said the restructuring was intended to simplify the business and focus investment on areas offering the strongest opportunities for long-term growth.
BBC Wales to lose 45 jobs
BBC Wales has also confirmed that 45 jobs will be cut as part of the corporation's wider £500 million savings programme.
The broadcaster employs around 680 staff in Wales. The changes will also result in 20 fewer hours of television programming being produced, alongside reductions to a number of radio programmes.
Twenty roles are expected to disappear from the newsroom, with most reductions being sought through voluntary redundancy and two posts facing compulsory redundancy.
Cardiff MPs coordinate response
Barros-Curtis's intervention follows Stephen Doughty's decision to seek an urgent meeting with Admiral after its announcement.
The MPs are now seeking more detail from all three organisations about which roles and locations will be affected, how redundancies might be avoided and what support will be available to staff.
Their statement also places a strong emphasis on trade union engagement throughout the restructuring processes.
Concern over concentration of job losses in Cardiff
The three announcements arriving within days of each other have prompted wider concern because Cardiff is a major centre for financial services and broadcasting.
Admiral and Legal & General are both significant employers in the Welsh capital, while BBC Cymru Wales is headquartered at Central Square.
Barros-Curtis and his Labour colleagues are therefore arguing that the issue goes beyond individual redundancy exercises: taken together, the announcements could have a wider impact on skilled employment in Cardiff, and they want employers, unions and political representatives around the table before decisions are finalised.
