Pioneer Investment Management has consolidated 17 positions from its Omaha, Neb., inside-sales office to its Boston headquarters and will reduce the staff size to 12. In addition, the firm will reduce its workforce by an additional 27 positions in both the Omaha and Boston offices.
Pioneer said this week that it was relocating the Nebraska team to Boston to centralize the department. Bill O'Grady, head of distribution for Pioneer, U.S., said the move is intended to improve customer service.