On Monday, Legg Mason
officials revealed their plan
to cut 350 jobs, or about 10 percent of the firm's workforce. Yesterday, company executives said the cuts could be bigger than 350.
quotes Legg chief administrative officer Joseph
as saying that the Baltimore-headquartered mutual fund firm could make further cuts via voluntary terminations and other measures.
The article did not state what those other steps are.
Armie Margaret Lee
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