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Putnam lays off 256 workers in second round of job cuts.(Brief Article)
Boston-based Putnam Investments, the fourth-biggest U.S. mutual fund group, let go of 256 employees--most of them in Massachusetts--citing lower equity markets. The layoffs represent Putnam's second round of job cuts in less than a month and account for 4 percent of the company's work force.
The cuts affect 70 employees each in Putnam's Boston, Andover and Franklin …
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