BOSTON, Nov 15 (Reuters) - Boston-based U.S. mutual fund manager Putnam Investments plans to cut about 115 jobs, or nearly 8 percent of its work force, the company's parent company said on Tuesday.
Boston-based Putnam, the U.S.-based asset manager for Great-West Lifeco Inc GWO.TO , will make most of the cuts in its operations and technology areas, it said.
A small number of investment management professionals also will be leaving, it said.