Schroders to cut 3% of workforce, Bloomberg News reports

© 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:SDR) 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.

Source

Leave a Reply

Your email address will not be published. Required fields are marked *