Legg Mason Inc said on Friday it will cut nearly 200 jobs, or about 8 percent of the parent company, as part of $120 million in cost savings the US asset manager has targeted to combat shrinking assets.
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Legg Mason cutting 200 jobs
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Barratt to cut 1,200 jobs, scrap dividend
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Wal-Mart cutting up to 800 jobs at its home offices
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Schering-Plough to cut 20 percent of US sales force as part of restructuring plan
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Morgan Stanley Smith Barney cuts about 200 jobs in integration
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Moventas to cut 120 jobs
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State Street to cut up to 1,800 jobs
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Aon cuts up to 1,800 jobs
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SSAB to cut jobs
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Tentative pact could save more than 2,000 jobs
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Eaton Corp. cutting 5,200 jobs
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Hewlett-Packard to cut 24,600 jobs
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ArvinMeritor cuts jobs, may sell unit
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Jpmorgan to cut up to 17,000 jobs by end of 2014
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Focus on the Family plans to cut 202 jobs
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Our priority is to reduce cost of operations
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Fulton company cuts employee hours