Bethesda-based American Capital to lay off nearly...
Bethesda-based American Capital to lay off nearly...
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Bethesda-based private equity firm American Capital Ltd. (NASDAQ: ACAS) plans to lay off 138 employees. The publicly traded company filed a notice Aug. 31 with the state of Maryland under the Worker Adjustment and Retraining Notification Act, classifying the move as a “mass layoff” as opposed to a plant closure. It is scheduled to take effect Dec. 1. It is unclear which jobs will be affected. The company did not return requests for comment. The cuts come after New York-based specialty financing…
from http://www.bizjournals.com/baltimore/news/2016/10/06/bethesda-based-american-capital-to-lay-off-nearly.html?ana=RSS%26s=article_search