Other financial services companies have been eliminating jobs in recent months.
The economy began growing again in late 2001, but companies kept eliminating jobs.
The company has eliminated 300 jobs in the last year.
The company eliminated 700 other jobs over the last year.
Last month, the company eliminated 52 jobs, 80 percent of its work force.
The company will also eliminate about 120 jobs, or 6 percent of its work force.
More than 140 staff members' jobs were eliminated with the move.
The company did not say how many of 300 jobs would be eliminated.
He did not say how many more jobs might be eliminated.
In Europe, for example, the company plans to eliminate 400 jobs.
