Janus of Denver is cutting 54 shareholder-service training positions from its operations division, according to a spokesperson for the company.

Nine of the 54 employees were placed in other parts of the company, meaning that 45 people were laid off, the spokesperson said.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.