Stock Market News

Schroders to cut 3% of workforce, Bloomberg News reports

01/16/2025

Less than a minute

2025.01.16 15:35

© Reuters. FILE PHOTO: The logo of investment management company Schroders is seen at a branch in Zurich, Swtzerland November 5, 2018. REUTERS/Arnd Wiegmann/File Photo

(Reuters) – Schroders (LON:) is planning to lay off about 3% of its workforce, Bloomberg News reported on Thursday, citing a person familiar with the matter.

Britain’s largest standalone fund manager is cutting about 200 jobs that are mostly in technology, the report said.

01/16/2025

Less than a minute

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