Law firm Reed Smith has laid off 45 attorneys and an undisclosed number of support staff as part of a restructuring throughout its offices in the U.S., Europe and Middle East.
The cuts represent 2.7 percent of the firm’s 1,650 attorneys worldwide.
In a statement, the Pittsburgh-based firm said it made “necessary adjustments to remain competitive.”
It declined to disclose whether any layoffs occurred at its Downtown headquarters on Fifth Avenue where more than 250 lawyers are based; or at its customer support center on Stanwix Street.
The firm said revenues topped $1 billion last year and it hired 40 new partners in 2015.
“The decision to restructure was difficult, particularly because it impacts individuals who have made meaningful and positive contributions to our firm and our clients,” the statement said.
The firm said it is providing those affected with severance pay and job transition support.
Joyce Gannon: firstname.lastname@example.org or 412-263-1580.