Tuesday, June 4, 2013

Layoffs Watch ’13: Gleacher & Co

G&C announced this morning it’s given the investment banking business the heave-ho.

Gleacher & Co. told Dealbreaker Tuesday that it is ending its investment banking business and hired Christopher Kearns as CEO and chief restructuring officer as it evaluates its options.
Gleacher will cut about 20 jobs as part of the move, which is effective immediately and eliminates the company’s primary business…..

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