

The group and its associated staffers have been informed that layoffs are coming, but no numbers have been revealed.
Kirsch will be replaced in his position by Juan Morillo.
In March, Clifford Chance today laid off 24 of its New York associates.
Clifford Chance LLP 



This announcement seems premature, as we don’t know what Juan Morillo has planed for the company. I’m sure there will be some necessary cutbacks as with any large company trying to survive in this economy.