Lendlease CEO Tony Lombardo faces investor pressure to exit US and UK construction operations, potentially cutting 1000 jobs.

Embattled Lendlease CEO Tony Lombardo faces investor pressure at a strategy meeting as he outlines the global property giant's future direction. Disenchanted investors push for Lendlease to exit US and UK construction operations, potentially cutting 1000 jobs in a 6800-strong workforce. Citi analysts expect earnings downgrades post-update, emphasizing the significance of the event.