LayoffBlog.com

March 26, 2009

Legg Mason, largest division lay off more than 100

Money manager Legg Mason Inc. and its largest division have laid off a total of about 120 people.

About 100 of the jobs lost were at Legg Mason’s Western Asset Management Co., based in Pasadena, Calif. That company focuses on fixed-income funds.

Legg Mason laid off 20 of its mutual fund administration employees, including 12 at its Baltimore headquarters. The other eight were based in New York.

Soruce: San Jose Mercury News

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Blog at WordPress.com.

%d bloggers like this: