Finance merger leaves 800 without jobs


Close to at least one in ten Aberdeen Asset Management and Standard Life personnel are set to lose their jobs as the funding giants prepare to seal their £11 billion mergers, in keeping with a prospectus posted closing night.

In what might be a serious blow for the Scottish economic offerings enterprise, the agencies stated that about 800 workforces from the mixed groups’ nine 000-sturdy worldwide personnel could lose their jobs over the following three years. Martin Gilbert, leader govt of Aberdeen, had downplayed the risk of redundancies after the deal changed into announced and, in March,,,defined reviews that as many as 1,000 could lose their jobs as “exaggerated.”


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