Boston Red Sox owner, and hedge fund boss, John Henry pink slipped a “cross section” of staff at John W. Henry & Co.

Eight people who worked at the Florida location of JWH have been fired, The Boston Globe said Saturday.

Twenty people remain at the company, according to the report.

Henry in an e-mail to the newspaper wrote that the JWH had been “overstaffed.” He also cited “the current market environment.”

Born on a farm in Illinois, Henry failed to graduate from college, choosing to instead purse a career as a rock and roll musician.

He developed a trend following trading model that he used as the cornerstone for JWH, which he opened in 1980. JWH made Henry a rich man; his peak estimated net worth topped $800 million.

His fortune would let Henry, a lifelong baseball fan, buy Major League Baseball franchise the Florida Marlins in 1999. He sold that ballclub in 2002 to purchase the Red Sox and break the “Curse of Bambino,” the eight-decade-long failure of the team to win a World Series.

The BoSox, under his stewardship, would succeed in doing just that, winning the championship in 2004 and 2007. JWH, meanwhile, had less luck.

In the global financial crisis, JWH went from a $2.5 billion company in 2004 to managing just $200 million. Henry is 60.