3% of State Street cuts to come from SSgA

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US/GLOBAL - Some 3% of the 1,400 planned job cuts at State Street will come from State Street Global Advisors, GP understands.

Yesterday, State Street announced it would cut about 1,400 jobs as part of a multi-year plan to cut costs and improve efficiency. At the time, a State Street spokeswoman said most of the personnel ...

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