Ten days ago Dow Jones Telerate discontinued the jobs of some 20 of its employees and imposed a freeze on future hires. The steps were taken following a budgetary review (IMD, Sept. 13) in which the vendor's department heads were challenged to cut their expenses by up to 10 percent by year-end.
At the same time, staff have been urged to defer expenditures until January, in order to improve the vendor's fourth-quarter earnings performance, sources say. A Dow Jones spokesperson declines to comm
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails