Regional News

Aequitas To Lay Off Dozens Of Workers

(Lake Oswego, OR)  --  A financial services company based in Lake Oswego says it plans to lay off 80 employees.  Aequitas Capital Management says the layoffs will begin as soon as this week, and has told employees that those who are let go shouldn't expect to be called back.  Aequitas CEO Bob Jesnick says the company will pay employees their regular wages and continue providing standard benefits through the 60-day layoff period.  The "Portland Tribune" says Aequitas hasn't explained the specific reasons behind the layoffs.
 

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