Tag: RICHARD OLDFIELD

Schroders to Lay Off 200 Jobs in Technology Sector to Foster Growth

Jan 17, 2025

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by

Maya Patel

in general invests

– Schroders Plc plans to cut 200 jobs, about 3% of its workforce. – Layoffs will primarily be in technology, as directed by new CEO Richard Oldfield. – The firm’s share price has fallen by around 50% since 2021 due to high costs and slow growth. – Other firms like BlackRock are also laying off…