St James’s Place to axe 500 jobs in £200m cost-cutting drive
by PA Media from World news | The Guardian on (#6SMY5)
Redundancies at wealth management company will not affect its 4,800 financial advisers around the UK
The wealth management company St James's Place is to make about 500 jobs redundant as part of a 200m savings drive.
The London-listed company is lining up plans to cut about one-sixth of its 3,200 corporate staff, it revealed in an internal memo first reported by the trade outlet Citywire.
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