Friday, March 31, 2017

Legg Mason cutting 30 jobs due to industry 'disruption'

Legg Mason Inc. is cutting roughly 30 jobs, or 3 percent of its corporate workforce, as part of ongoing changes in the asset management industry. The layoffs are across the Baltimore company’s corporate offices and do not include affiliates. “Legg Mason is refocusing its resources in response to the disruption affecting the asset management industry,” a spokeswoman said in a statement. “We looked at our overall business to meet these pressures and to deploy capital towards investments in technology,…



from http://www.bizjournals.com/baltimore/news/2017/03/31/legg-mason-cutting-30-jobs-due-to-industry.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/159040270892

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