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More job losses for Hub's financial sector

State Street to cut up to 1,800; Wellington also confirms layoffs

State Street is laying off just weeks after receiving $2 billion as part of the Treasury Department's plan to loosen lending. State Street is laying off just weeks after receiving $2 billion as part of the Treasury Department's plan to loosen lending. (JB Reed/Bloomberg News/File 2007)
By Ross Kerber
Globe Staff / December 4, 2008

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Two more Boston financial companies disclosed large rounds of layoffs yesterday, the latest in a wave of cuts sweeping the local investment industry in the wake of plunging stock markets. (Full article: 608 words)

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