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Schroders to cut 3% of workforce, Bloomberg News reports

By Thomson Reuters Jan 16, 2025 | 2:33 PM

(Reuters) – Schroders 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.

(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Shailesh Kuber)