With Net Annual Outflows Since 2014, Franklin Resources Seeks to Trim Labor Force
Posted on 04/23/2019
U.S. asset managers who focus too much on value equity investing have struggled in the past decade to grow profits. San Mateo-based Franklin Resources, home to brands such as Franklin Templeton, revealed plans to terminated up to 5% of its labor force. At the end of September 2018, the company had 9,691 employees. Franklin Resources […]
