Brooks Macdonald is set to axe 50 jobs in efforts to improve the company's efficiency, secure future growth and deliver medium-term margin improvement.
The firm told investors on Thursday (10 January) that it expects job cuts to take place "predominantly" within administration and IT functions, which it said will result in annualised cost savings of £4m. Brooks Macdonald expands footprint with East Anglia office opening Brooks Macdonald will today inform staff of its proposals, which it said will be subject to consultation. The group said the changes, which will result in a one-off cost of £3m, will not affect its service offering or locations. Chief executive of Brooks Macdonald Caroline Connellan said the firm "regret the need t...
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