Update: Standard Life Aberdeen to axe a number of jobs before 2020

Workers at the financial services giant were told on Thursday (10 October) that IT services for the group would be outsourced to US-headquartered IT services company Cognizent, the Edinburgh Evening News reported yesterday. The newspaper originally reported 320 jobs would be cut - as did an earlier version of this story - but Standard Life Aberdeen have now since denied that number. The investment giant said some 42 contractors and five permanent staff will be made redundant over the next few months, while 27 staff will be transferred to Cognizent  The company said the cuts were pa...