10 December 2020
Schroders Personal Wealth has announced it will cut around 200 jobs from across its business.
The job losses are a real blow as people continue to deal with the impacts of the pandemic and lockdowns – making the search for alternative roles very difficult for those facing redundancy at a time of increasing unemployment.
The job losses will be managed through the joint agreements between Schroders Personal Wealth and Accord and Unite.
“Our immediate concern is for the union members who may be at risk of redundancy as a result of the changes. We’ll be contacting all of the Accord members who are impacted by today’s news to offer advice and support. The pandemic and the state of economy make this a horrible time to be facing unemployment so we’ll be working closely with Schroders Personal Wealth to maximise the number of redeployment opportunities and to ensure that the number of compulsory redundancies is a low as possible.” - Ged Nichols
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