St James’s Place to Cut 500 Jobs in £200m Cost-Cutting Drive St James’s Place (SJP), one of the UK’s leading wealth management firms, has unveiled plans to reduce its corporate workforce by approximately 500 roles as part of a significant £200 million cost-saving initiative. This move represents roughly 16% of its 3,200 corporate employees and […]
HSBC to Cut Hundreds of Senior Jobs in Major Overhaul, Requiring Bankers to Reapply for Roles HSBC, one of the world's largest financial institutions, is set to implement a major restructuring plan that will affect hundreds of its senior bankers. Under the leadership of CEO Georges Elhedery, the bank is launching a sweeping overhaul that […]
Take the workplace, for example. Where the office was previously viewed as the central hub of all working activities, underpinned by strict 9-to-5 cultures and the demand for permanent occupancy, the need for social distancing to protect lives demonstrated to employers and employees alike that home working is both possible and, in several ways, preferable. […]
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