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Standard Life set to cut 70 roles

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Standard Life is set to cut 70 job roles from its Edinburgh IT department.

The investment firm hopes to meet the target through voluntary redundancy, according to the BBC.

The headcount drop is meant to improve how Standard Life services customers, reacts to market needs and “delivers technology”.

Standard Life chief information officer Mark Dixon says: “We believe this new model increases our ability to offer the best service to all customers of Standard Life, allowing us to react to market demand and to flex our support to meet their needs.”

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Comments

There are 2 comments at the moment, we would love to hear your opinion too.

  1. How do the 70 people being made redundant about this statement?

    “We believe this new model increases our ability to offer the best service to all customers of Standard Life, allowing us to react to market demand and to flex our support to meet their needs”.

    I doubt they’ll be putting that on their CV

  2. Stewart Smith 1st June 2016 at 5:13 pm

    The article or Mark Dixon’s comments might make more sense if the phrase ‘this new model’ was explained. A basic reduction in roles doesn’t improve the delivery of anything or the response to anything (but will theoretically reduce operational costs).

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