MFS Investment Management

Publication date: Mon, 12/22/2008

MFS Investment Management of Boston said it laid off 90 employees in Massachusetts recently, or 5 percent of its staff, as market declines cut into revenue. A spokesman for MFS, a unit of Canada's SunLife Financial, said the layoffs were in Boston and Quincy. MFS is the third major Boston investment firm to eliminate jobs recently along with Fidelity Investments and Putnam Investments.