Capital Group Cutting 820 Jobs June 5, 2009 No Comments on Capital Group Cutting 820 Jobs Post View 1 Los Angeles' Capital Group, owner of asset manager America Funds, will cut 820 jobs, nearly 10% of its workforce. The layoffs are taking place this…
More Layoffs for Mutual Fund Firm March 18, 2009 No Comments on More Layoffs for Mutual Fund Firm Post View 15 Los Angeles mutual fund firm American Funds will lay off an undisclosed number of workers, and senior managers will not get merit pay raises. Hard…