More Boston Financial Jobs Cut
Friday, January 2nd, 2009More Boston financial jobs will soon be lost.
On top of recent financial job cuts, four more Boston financial firms plan to cut a total of 110 jobs in the near future, according to an article by The Boston Globe. The companies slated to cut positions include Deutsche Bank, Citigroup Inc., Pioneer Investments and Boston Financial Data Service.
Deutsche Bank employs more than 375 people in Boston and has not confirmed exactly how many jobs will be cut. Citigroup plans to lay off about 70 workers throughout the state, after which it will employ 1,430 workers statewide. Pioneer Investments laid off 39 employees, or 6 percent of its staf, during November. The company previously employed 643 workers in Boston.Boston Financial Data Services hasn’t announced how many jobs it plans to cut.
