Schroders preparing to eliminate hundreds of jobs: reports

clock • 1 min read

Schroders is planning to cut hundreds of jobs internationally as part of a cost-cutting plan, according to reports by Bloomberg. It is estimated the job cuts will affect 5% of the wealth manager's workforce around the world, with around 200 posts being affected. In a statement the company said: "We have a number of initiatives across the group to drive greater efficiencies and generate growth. This includes realigning our resources which allows us to continue investing where we see stra...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.