St James’s Place to axe 500 jobs
A Gloucestershire-headquartered wealth management firm is to axe around 500 jobs as it looks to save around £200m.
The London-listed, Cirencester-headquartered St James's Place is lining up plans to cut about one-sixth of its 3,200 corporate staff.
St James's Place, earlier this year, said it would make £100m in cost cuts per year for the next two years, and that it expected to have made £500m in savings by 2030.
The cuts will not affect the company’s network of around 4,800 financial advisers across the country, who ope... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
