Schroders Plc plans to cut as much as 3% of its workforce, as new Chief Executive Officer Richard Oldfield looks to revive the UK’s largest standalone asset manager.

Bloomberg

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Schroders to Cut 3% of Workforce in Bid to Revive Growth

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SCHRODERS plans to cut as much as 3 per cent of its workforce, as new chief executive officer Richard Oldfield looks to revive the UK’s largest standalone asset manager.

Business Times

Schroders to cut 3% of workforce in bid to revive growth

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India Daily Mail

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Eye On Annapolis

Transforming Fintech and Real Estate with AI solutions

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LeapRate

CAB Payments to Cut 20% of Workforce

CAB Payments is understood to be making 80 staff redundant, mainly in the UK The firm intends to undertake this restructuring during the first quarter By HARRY WISE Updated: 15:56 GMT, January 16, 2025 
CAB Payments has revealed plans to reduce its workforce by a fifth and invest in artificial intelligence to keep costs down. The fintech group’s shares have lost around 80 percent of their value since listing on the London Stock Exchange in July …

WhatsNew2Day

CAB Payments To Cut 20% Of Staff As Fintech Relies On AI

It is understood that it will cut around 80 jobs as part of the plan, with the vast majority of job losses in the UK. London-based cross-border payments firm CAB Payments is to axe a fifth of its workforce in a bid to turn around recent weak trading. It is understood that it will cut around 80 jobs as part of the plan, with the vast majority of job losses in the UK. The company pledged to “streamline its operations” this year in order to keep a …

perspectivemedia.com

CAB Payments to cut workforce by a fifth

CAB Payments is expected to lay off 80 employees, mainly in Great Britain The company plans to implement this restructuring in the first quarter By HARRY WISE Updated: 15:56 GMT, January 16, 2025 
CAB Payments has unveiled plans to reduce its workforce by a fifth and invest in artificial intelligence to keep costs down. The fintech group’s stock has lost about 80 percent of its value since listing on the London Stock Exchange in July 2023, amid …

nybreaking.com

CAB Payments Will Cut 20% Of Its Workforce As Fintech Puts Its Trust In AI

CAB Payments Holdings plc (LON:CABP) today announced a plan to streamline its operations during 2025.

FX News Group

CAB Payments to axe 20% of workforce

British fund manager Schroders is set to reduce its workforce size by approximately 3%, Bloomberg reported. This development is said to be part of the company’s move to stimulate growth under the leadership of new CEO Richard Oldfield. The cuts, which will affect around 200 jobs primarily in the technology sector, signify one of the first significant shifts implemented by Oldfield since he succeeded former CEO Peter Harrison in November. “Our pr…

Schroders to Cut 3% of Workforce in Bid to Revive Growth

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