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Reuters: Lehman cutting 5 pct of workforce: source

Started by chris, March 10, 2008, 05:01:03 PM

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chris

Lehman cutting 5 pct of workforce: source
      


NEW YORK (Reuters) - Lehman Brothers Holdings Inc , the Wall Street investment bank, is laying off 5 percent of its work force, or about 1,430 people, because of difficult market conditions, a person briefed on the matter said on Monday.
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