Schroders to cut 3% of workforce, Bloomberg News reports
Published by Global Banking and Finance Review
Posted on January 16, 2025
1 min readLast updated: January 27, 2026

Published by Global Banking and Finance Review
Posted on January 16, 2025
1 min readLast updated: January 27, 2026

Schroders, the UK's largest standalone fund manager, plans to cut 3% of its workforce, impacting around 200 technology jobs, as reported by Bloomberg.
(Reuters) - Schroders is planning to lay off about 3% of its workforce, Bloomberg News reported on Thursday, citing a person familiar with the matter.
Britain's largest standalone fund manager is cutting about 200 jobs that are mostly in technology, the report said.
(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Shailesh Kuber)
The main topic is Schroders' plan to cut 3% of its workforce, affecting around 200 jobs, primarily in technology.
Schroders is cutting jobs as part of a workforce reduction strategy, focusing on technology roles.
Approximately 200 jobs will be affected by the workforce reduction.
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