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Text size [+][-]  Tuesday February 9 2010GLOBAL EDITION

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12 Dec 2008 19:42

A spoon full of sugar

Context News

Blackstone plans to cut about 7% of its workforce, or about 70 jobs.

Carlyle is cutting 10% of its workforce, or about 100 people, according to the Wall Street Journal. Its the firm's first layoffs in its 20-year history.

Blackstone layoffs: 


lauren.laughlin@breakingviews.com

More stories by:  Lauren Silva Laughlin

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