Soro’s Investment Company Lays Off Workers

After beginning a reorganizing process in July 2011, the Soros Fund Management has announced layoffs for a number of analysts and portfolio managers. As the investment company of billionaire George Soros, the fund is recognized as one of the world’s most influential investors and boasts over $25 billion in assets. The July reorganization also resulted in the fund closing doors to outsiders and becoming a “family office” with the exclusive purpose of managing the Soros family fortune.

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Layoffs hit George Soros’ investment company