News / Hargreaves Lansdown
Dozens of job losses at Hargreaves Lansdown
Staff at Hargreaves Lansdown were told on Friday that around 100 people at the company will be losing their jobs.
It comes just over a year since the investment firm founded by Peter Hargreaves and Steve Lansdown was purchased for £5.4bn by a group of investors.
The company’s current headquarters are on Anchor Road but they are planning to move to new offices in Temple Quay.
A Hargreaves Lansdown spokesperson said: “These are difficult decisions and we do not underestimate the impact they will have on colleagues.
“However, they reflect the changes we are making to build the next chapter of Hargreaves Lansdown.
“We are investing significantly in the business, particularly in digital capability, product development and client experience, to ensure we continue meeting the evolving needs of our millions of clients.
“While some roles are regrettably being removed, we are also creating new roles in growth areas as we position HL for a strong future in the heart of Bristol.”
Main photo: Martin Booth
Read next: