SIX Group Plans Job Cuts At Financial Information Business

Strapline: Data Management

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SIX Group has announced its financial information business will be a focus for the 150 job cuts  it expects to make to secure its competiveness, in what it says are difficult market conditions.

SIX Group's board of directors has decided to decrease the company's cost basis by Sfr30 million. They plan to do this by cutting 150 of its 3,900 positions worldwide, as well as cutting non-personnel costs. The company's financial information and payment services businesses have been chosen as the focuse