MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, April 17, 2001 Janus Cuts Again Janus officials today confirmed earlier media reports of layoffs in the shareholders services unit. The Wall Street Journal reported earlier today that the firm had eliminated the positions of 45 employees responsible for training shareholder services staff. The cut follows February's elimination of 468 positions. "The sole reason is that we are moving the vast majority of training online," a Janus spokesperson told the MutualFundWire.com, "so there was no longer a need for those positions." Other divisions at the Denver-base fund complex continue to expand, including financial research, marketing, institutional sales and accounting, according to a separate Reuters report. Total assets under management at Janus are approximately $204 billion, according to Financial Research Corp. Printed from: MFWire.com/story.asp?s=26685 Copyright 2001, InvestmentWires, Inc. All Rights Reserved |