Moneyline Telerate Cuts Staff Globally
ORGANIZATION AND STRATEGY
Moneyline Telerate has cut up to 10 percent of its staff in the US, Europe and Asia, mainly in back-office functions, officials tell Inside Market Data, confirming rumors circulating the market. The company says the layoffs stem from efforts to streamline operations as well as difficult market conditions.
Sources say the company laid off 60 people in the US and 50 in Europe as well as an unknown number in Asia.
Bill Walsh, senior vice president of marketing at Moneyline Telerate, calls these
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