Constancy Worldwide to chop 1,000 jobs globally
Enterprise & Finance
06 March 2024, 1:08 pm 1 minute
Reuters solely reported that fund administration big Constancy Worldwide is planning to chop round 1,000 jobs globally in 2024, equal to round 9% of its headcount.
Market Impression
The cuts come at a bruising time for the broader fund administration business, which has struggled to retain consumer money by a interval of turbulent markets and better rates of interest which have pushed traders into lower-risk or passive options.
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Subjects of Curiosity: Enterprise & Finance
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Sectors: Monetary Providers
Areas: Europe
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