Key facts
- Livingbridge has reduced its workforce.
- The firm's top earner experienced an 80% decrease in pay.
- Rivals are reportedly seeking to recruit talent from Livingbridge.
Private equity firm Livingbridge has implemented staff reductions and seen a significant drop in compensation for its top earner. The firm is reportedly facing a wave of high-profile exits, with competitors actively seeking to recruit its talent. The exact number of staff cuts and the specific reasons behind the top earner's reduced pay were not detailed in the provided information.