Key facts
- Baillie Gifford's voluntary exit program resulted in 160 staff departures.
- The departures represent almost 10% of the firm's global staff.
- Baillie Gifford manages approximately £200 billion in assets.
- The firm operates with about 1,700 staff worldwide.
- The program has accelerated the firm's move toward more efficient ways of working.
Edinburgh-based investment firm Baillie Gifford has seen 160 employees depart following an enhanced voluntary exit program offered in July. The departures represent nearly 10% of the firm's global staff of approximately 1,700.
A spokesperson for Baillie Gifford stated that the firm was pleased with the outcome, which was in line with planning assumptions. The program has accelerated the firm's move toward more efficient ways of working while retaining necessary capabilities. Baillie Gifford recently relocated its global headquarters to a new site at Haymarket in Edinburgh.