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AllianceBernstein Holding Cut 237 Jobs

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Posted on April 1, 2009 by in Feature, Loss of Job with No Comments on AllianceBernstein Holding Cut 237 Jobs
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AllianceBernsteinNew York’s AllianceBernstein Holding has cut 237 jobs, or 4.7% of its worldwide staff, in Q1 2009, with more layoffs planned in the second quarter.

The cuts included 31 investment jobs held by analysts and portfolio managers.

The firm’s Q1 layoffs lowered the total headcount to 4,760. An other 75 positions will be cut in the second quarter. The employees in question have been notified.

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Authored by: Harrison Barnes

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