Carlyle makes staff cuts as dealmaking slows

Private-equity firm Carlyle Group will lay off 10 percent of its staff as the worsening economy puts the pinch on dealmaking, reports The Washington Post.

Carlyle, which has about 1,000 full-time employees in 33 offices in 21 countries, said most of the layoffs will come from its U.S. offices.

The private-equity firm has $91.5 billion under management and $40 billion in money committed from investors that has yet to be put to work. It recently raised $14 billion for another U.S. buyout fund.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.