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Evening Standard
Evening Standard
Business
Alex Daniel

Wealth management firm St James’s Place to cut 500 jobs

Mark FitzPatrick St James Place
The layoffs would affect the company’s London-based corporate staff (Adam Davy/PA) - (PA Archive)

Wealth management firm St James’s Place is to make around 500 people redundant as part of a savings drive.

The London-listed company is lining up plans to cut about one-sixth of its 3,200 corporate staff, it revealed in an internal memo first reported by the trade outlet Citywire.

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