Schulte Roth & Zabel Latest To Reduce Staff
The financial service-focused firm in recent days offered its legal secretary staff the option to accept a buyout package, according to executive committee chairman Alan Waldenberg. The partnership is looking for a reduction of between 20 and 30 people.
The buyout package is robust: A lump-sum payment of $10,000, plus the equivalent of a week's pay for every year of service. Those who accept...
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