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Wellington Management slashes 5% employees as asset managers cut costs
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fnlondon.comWellington Management has slashed 5% of its employees, as asset managers follow large investment banks with workforce reductions.The US investment manager, which is headquartered in Boston and oversees $1.4tn in assets, cut 170 roles week, including within its London office, people familiar with the matter told Financial News.It has a single...
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