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A survey of U.S. private equity executives and professionals conducted by advisory firms RSM Bentley Jennison and RSM McGladrey concluded that slashing jobs was the most common approach to cost-cutting among private equity firms.
Nine out of ten respondents said they have cut jobs at their portfolio companies in an attempt to rein in costs during the economic downturn.
Continue reading Private equity firms employ job cuts, salary freezes to get by
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