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Legg Mason to Slash Nearly 10% of Workforce

Baltimore-based asset manager Legg Mason aims to slash nearly 10% of its U.S. workforce. So reports WBAL TV.

The firm says the layoffs will happen at its Baltimore headquarters, as well as its offices in New York and Stamford, Connecticut. The layoffs won’t include the firm’s investment division, but will take place within legal, finance, human resources, fund administration and product support units.

Read the full article from WBAL TV.

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