Legg Mason Cuts Local Work Force

Published May 11, 2010 at 8:34 p.m.
Legg Mason announced Monday that it will cut 350 jobs -- 250 of them in the Baltimore area -- as part of a strategy to streamline. The move will save Legg Mason as much as 150 million dollars a year by late 2012. But it also means a lot fewer people will be filling the company's new headquarters in Inner Harbor East. WYPR's Senior News Analyst Fraser Smith spoke to our reporter Georgia Samios about Legg's announcement and its potential economic impact on the city.


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