# Prof. Stephen Brown on possible staff cuts at SAC Capital Adivsors

1 Faculty News June 3, 2013 ![Reuters logo](/sites/default/files/styles/246w/public/assets/images/con_030503.jpg?itok=0OAgrDF0)>

Excerpt from [Reuters](http://www.reuters.com/article/2013/06/03/us-saccapital-investors-future-idUSBRE95219E20130603) -- "'The immediate implications for investors and employees will be significant, but for the market as a whole they will be small,' said [Stephen Brown](http://www.stern.nyu.edu/faculty/bio/stephen-brown), a professor who focuses on hedge funds at New York University's Stern School of Business."

[Read more](http://www.reuters.com/article/2013/06/03/us-saccapital-investors-future-idUSBRE95219E20130603)