FNZ to cut headcount as part of global transformation plan

FNZ has announced further details of its ongoing global transformation plan, including reducing its headcount. The wealth management technology provider said today (12 November) that it would reduce global and regional overheads, narrow its geographic footprint and cut jobs as it seeks to address organisational complexity and a fragmented operating model. "To support FNZ's commitment, the group is reducing its global and regional overheads, narrowing its geographic footprint and reducing headcount," the firm said. FNZ said its expansion over the past two decades had led to increase...