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2024-01-24 | Current Affairs

Abrdn Plans Job Cuts In GBP150M Restructuring 

Today’s News  U.K.-based asset manager Abrdn is set to implement substantial job cuts as part of a cost-cutting initiative aiming to reduce around GBP 150 million (USD 190 mn). According to a person familiar with the situation, the planned reductions, equivalent to about 10% of Abrdn’s 5,000-strong workforce, are anticipated to be disclosed in an […]