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The £496bn fund management group is expected to announce the job cuts alongside a trading update on 24 January

Asset Management Correspondent

Abrdn, the Edinburgh-headquartered fund group, is set to announce hundreds of job cuts as part of an ongoing cost-saving drive.

The £496bn UK-listed fund management group is expected to announce the job cuts alongside a trading update on 24 January, according to 

The cuts could affect around 10% of Abrdn’s almost 5,000-strong workforce.

Abrdn set to axe hundreds of jobs as cost pressures mount

David Ricketts

Abrdn

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