Kindred Group announces North America exit and actions to accelerate profitable growth
As part of its strategic review, Kindred Group will exit the North American market with the expectations to have fully exited operations in the market by the end of Q2 2024, subject to the regulatory process. The Group also announces decisive actions to drive growth on core markets and dedicated cost reduction initiatives, which includes a reduction of over 300 employees and consultants during 2024. In total, these initiatives are expected to result in annualised gross cost savings of approximately GBP 40 million.Kindred Group plc (Kindred) announces an interim update on the strategic