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Rating:Legg Mason Employees Receive Good News from Mark Fetting
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Wednesday, July 28, 2010

Legg Mason Employees Receive Good News from Mark Fetting

News summary by MFWire's editors

Legg Mason Inc. is not planning any additional layoffs beyond the 350 announced in May, said CEO Mark Fetting following the company’s annual meeting Tuesday, the Baltimore Business Journal reports.

In May, Legg officials announced a reduction of 350 jobs, including 250 through closing an office in Baltimore suburb Owings Mills. The reduction is related to a streamlining effort Legg was embarking on.  

Edited by: Hung Tran


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