Workers Left to Rue Drop in Standard

The ScotsmanApril 01, 2004

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Summary


IN THE bars and restaurants around Standard Life's headquarters in Lothian Road yesterday, the flexi-time lunches were a little longer than usual and the conversation a little heavier.

Informed in advance of an impending announcement, staff had steeled themselves for job losses. But many admitted that they had not expected the cuts to be so savage.

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Extract


Workers Left to Rue Drop in Standard

A total of 880 jobs will go in Edinburgh - representing 9 per cent of company's workforce in the city. Many of those who will leave thought they had a job for life.

"We are a bit o...

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