December 5th in International, Investment Banks, wall street by Editor .

The Sky’s Falling in: Carlyle Group Cuts 10% Of Workforce

Carlyle Group, the world’s second largest private equity fund, is laying off 10% of its worldwide workforce, or about 100 people. Carlyle has $91.5 billion in assets under management.

“In response to extraordinary market conditions, Carlyle has taken measured steps to balance its cost structure with the current investment climate,” the company said.

More here and here.

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Charles Tyrwhitt UK
 

Carlyle Group, the world’s second largest private equity fund, is laying off 10% of its worldwide workforce, or about 100 people. Carlyle has $91.5 billion in assets under management.

“In response to extraordinary market conditions, Carlyle has taken measured steps to balance its cost structure with the current investment climate,” the company said.

More here and here.

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