Asset Management

Schroders to cut 200 jobs under new boss Oldfield

UK asset manager to cut jobs under new chief executive Richard Oldfield

Leon Neal/Getty Images
Leon Neal/Getty Images Photo: Getty Images

Schroders is set to cut up to 3% of its workforce as its new chief executive Richard Oldfield tries to turn around the asset manager.

Schroders could cut around 200 people, approximately 3% of its workforce, Bloomberg reported.

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