St Ives is making 10% of the staff redundant at financial print subsidiary Burrups. Around 11 jobs will go in London and 40 in America.
"Its regrettable, but transactional work following September 11 is very quiet," said group managing director Brian Edwards.
Director of funds John Waterlow and corporate finance and international sales director Ian Nash are among those laid off.
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"It's wrong to assume the Chinese are behind the curve on automation - it used to be the case that manual processes were kept becuase it was cheaper to use them than buy the automated equipment,..."
"Incredible, what a business!"
"Sad news. Their prices were unsustainable - it was a race to the bottom."
