Get access to our best features
Get Started
Subscribe
Israel-Hamas Conflict
Kamala Harris
Donald Trump
Olympics
US Politics
Paris Olympics
Democratic Party
Joe Biden
US Economy
US Crime
Republican Party
FBI
US Social Issues
Get access to our best features
Get Started
Published 5 months ago

Clients pull £13.9bn from Edinburgh investment firm amid job cuts

Summary by Ground News
Abrdn, the Scottish financial services heavyweight, has said it plans to cut around 500 jobs as part of a cost-saving overhaul. The cuts amount to a 10% reduction in the investment firm’s headcount and are aimed at saving costs by £150 million a year. Edinburgh-based company rebranded from Standard Life Aberdeen in 2021.

0 Articles

All
Left
Center
Right
Shropshire StarShropshire Star

Abrdn clients pull £13.9bn amid job cuts at investment firm

The fund manager and wealth specialist saw its pre-tax loss shrink to £6 million for last year, reducing from a £612 million loss.

5 months ago·Ketley, United Kingdom
Read Full Article
The Herald ScotlandThe Herald Scotland

Clients pull £13.9bn from Edinburgh investment firm amid job cuts

Investment firm Abrdn has said it plans to cut around 500 jobs as part of a cost-saving overhaul.

5 months ago
Read Full Article
StvStv

Abrdn clients pull £13.9bn amid hundreds of job cuts at investment firm

The fund manager and wealth specialist saw its pre-tax loss shrink to £6m for last year, reducing from a £612m loss.

5 months ago
Read Full Article
The NationalThe National

Clients pull billions from investment firm amid looming job cuts

SCOTTISH investment firm Abrdn said clients have pulled billions from the investment company as it begins major cuts this year.

5 months ago·Glasgow, United Kingdom
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe
Ground News Article Assistant
Not enough coverage to generate an Article Assistant.

Bias Distribution

  • 100% of the sources lean Left
100% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Similar News Topics

Glasgow, ScotlandGlasgow, Scotland
Trending Topics
Ground News logo
App Store IconPlay Store Icon
CompanyAboutHistoryMissionBlogTestimonialsGroup SubscriptionsSubscribeGiftFree TrialCareersAffiliates
HelpHelp CenterFAQContact UsFor Educators/LibrariesMedia Bias RatingsOwnership and Factuality RatingsReferral CodeNews SourcesTopics
ToolsAppBrowser ExtensionDaily NewsletterBlindspot Report NewsletterBurst Your Bubble NewsletterTimelines
DonatePrivacy PolicyManage CookiesTerms and Conditions
© 2024 Snapwise Inc.
News
For You
Search
BlindspotLocal