Aberdeen CEO Plans to Cut 800 Jobs in Standard Life Deal

Aberdeen CEO Plans to Cut 800 Jobs in Standard Life Deal

Assessment

Interactive Video

Business

University

Hard

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The video discusses the latest developments in the Aberdeen and Standard Life deal, including the release of documents and the announcement of executive committee structures. The deal is currently awaiting regulatory approval. The video also covers the cost-saving strategies, which involve reducing 800 jobs over three years mainly through natural attrition, aiming for $200 million in savings.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the estimated amount of cost savings over three years?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What method will primarily be used to achieve the job reductions?

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