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‘People impacts’: AMP gears up for mass redundancies – Yahoo Finance Australia

The wealth giant is making staff redundant, but has not revealed how many.

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Several employees from AMP are expected to be made redundant, with workers from the wealth giants wealth management division and AMP Capitals asset management department in the firing line.
AMP CEO Francesco De Ferrari told company employees in an email that each executive in AMPs leadership team was scrutinising its workforce for efficiency opportunities, the AFR reported.
Three different corporate function teams across the AMP Capital, AMP Australia and AMP Limited businesses are expected to…

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