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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.
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