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News Watch
- 4/30/2009 1:25:14 PM
By Chip Brian, SmarTrend Analytics Team
Principal Financial Group (NYSE:PFG) announced Thursday that it is going to cut 75 more jobs related to its global asset management division located in Des Moines, Iowa. "Market conditions continue to create pressure and challenges for all asset managers, including Principal Global Investors," company spokeswoman Susan Houser said. "We've adapted to changes as business opportunities have continued to decline over recent months."
Contact Chip Brian
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