Seeking Alpha

Legg Mason (LM +1.5%) may cut more jobs than it previously forecast, execs said in a new...

Legg Mason (LM +1.5%) may cut more jobs than it previously forecast, execs said in a new conference call today, as it continues to face outflows and questions about how quickly cost cuts can show a benefit.
Comments (2)
  • Of course companies are always increasing their layoffs a year into a real economic recovery. Can someone admit we have yet to really turn the corner even though our markets try to show otherwise.
    13 May 2010, 12:29 PM Reply Like
  • they could easily cut 1000 without any impact, got peltz go, slash and burn
    13 May 2010, 10:02 PM Reply Like
DJIA (DIA) S&P 500 (SPY)