Just curious? Do not know if you had any layoffs recently.
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AllianceBernstein is actively engaged in stealth layoffs in its SVP ranks. The layoffs are global in nature - all offices are involved. The layoffs are being characterized as “retirements”. It’s all part of the firm’s efforts to restructure its cost structure coincident with its move to Nashville as well as a means to make room for the next generation of Vice Presidents to move up the management ranks. The firm is not making this round of layoffs public and will not respond (or respond truthfully) if inquiries are made.