Pershing Square Lays Off More Than 10% Of Employees

Friday, July 1, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Jul 1, 2016

Pershing Square, one of the worst performing hedge funds of 2015 and 2016, has laid off eight lower-level employees this week, the WSJ reports. The cuts, which largely involve back-office employees in technology and investor services, amount to more than 10% of the activist hedge fund’s staff.

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