More Cuts At Quotron As Sales Head Flees ... And Citi Nixes Trading Technology

VENDOR STRATEGIES

Quotron's head of sales and marketing, Alan Weiss, handed in his resignation Aug. 27 to work for a small defense contractor. On the same day, another 30 percent of the employees -- or some 30 staff -- in his sales and marketing organization were given their walking papers.

Quotron will not replace Weiss. Instead, it will divide what's left of its sales and marketing department into four, with their heads reporting directly to Quotron's chief operating officer and executive vice president, R.