Post Mortem: A Geographic Breakdown Of American Capital Layoffs
Want to know what’s left of American Capital after it announced 110 layoffs and two office closings? The company’s statement from Tuesday night was quite vague, so we’ve dug up some rough details on this weeks round of pink slips. Remember this is ACAS’ second round of layoffs, the firm let 80 people go in May of this year. peHUB has confirmed that the two office closings went to Palo Alto and Boston. The damage done to the rest of the firm’s branches is broken down below. This is an approximation compiled by conversations with various sources familiar with American Capital. Bethesda Headquarters Buyout Team lost 4 people. Back office lost approximately 15. Communications Team lost Bryan Maney. Estimated total cuts: 20 New York Business Development lost 3
