Sandie Seward
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Schroders cuts 50 Staff.Schroders has cut more than 50 staff in another round of redundancies at its London headquarters.
The blue-blooded fund-manager, which is part-owned by the German dynasty headed by Bruno Schroder, announced the cuts internally on Tuesday morning. They equate to about 5pc of its 1,100 London staff,
The redundancies, understood to have been made across all levels of the company, come as a surprise since only last month chief executive Michael Dobson suggested jobs were safe for the time being.
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