April 11, 2003

State Street cuts
Posted by deisenhart@bostonworks.com">Douglas Eisenhart at 11:20 AM -

Proof that this thing ain't over yet: one of the area's leading banks and largest employers, financial services firm State Street Corp., announced it will cut 1,800 more jobs, 9 percent of its workforce. The sizable cuts indicate the sustained impact of declining markets on the company's core business.

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