Financial firm St James's Place plans to cut 500 jobs, or 16% of its workforce, to save £100M annually.

Financial services firm St James's Place plans to cut 500 jobs, impacting over 16% of its workforce, as part of a cost-cutting initiative to save £100 million annually by 2027 and £500 million by 2030. The specific roles affected have not been disclosed, but the cuts are due to increased competitive pressures. The company aims to maintain its partnerships under the SJP umbrella despite these reductions.

December 02, 2024
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