Investment Firm D.E. Shaw Cuts 10 Percent Of Its Staff

Why do you care about layoffs at an investment firm, you ask? Well, D.E. Shaw has always been a little…different, taking pains to appeal to people outside the usual MBA/finance/quantitative analysis range. The company is known for hiring liberal arts majors and for posting jobs designed to attract media people on boards like mediabistro’s.

(Others suggest, it must be added, that D.E. Shaw is much more interested in sounding like it hires liberal arts majors than actually doing so.

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