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Jupiter’s new boss axes up to 80 roles in overhaul of asset manager

Jupiter: ‘This morning we announced the difficult but necessary decision to reduce the number of employees within our business’

By

Kristen McGachey

Matthew Beesley, who steps into the CEO role on 3 October, will map out his plan for the business in greater detail in Jupiter’s third quarter trading update due out on 24 October
Matthew Beesley, who steps into the CEO role on 3 October, will map out his plan for the business in greater detail in Jupiter’s third quarter trading update due out on 24 October

Jupiter Asset Management's incoming chief executive is poised to unveil a wave of job cuts as he readies to take the reins of the business and turn its fortunes around.

Matthew Beesley has launched a formal consultation with staff at the FTSE 250 fund group, which could see up to 80 jobs axed, Financial News can reveal.

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