PGGM Slashes Workforce to Lower Costs
Posted on 10/10/2014
Dutch pension fund manager PGGM has announced it will be scaling back its workforce by about 15% in an attempt to bring costs down. Over the next three years, PGGM plans to cut at least 200 jobs, including forced redundancies, in line with a new reorganization program aimed at cutting costs by €50 million (US$ […]