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ITG Sets for Layoffs

According to ITG's most recent 10-K annual filing with the U.S. Securities and Exchange Commission (SEC), the broker employs about 1,323 people globally, of whom 961 work in the U.S., 80 work in Canada and 282 work internationally. An ITG spokesperson confirms that staff numbers reported in the regulatory filing closely match current staffing levels, but declines to state specific numbers.

In an internal memo obtained by DWT, ITG CEO Bob Gasser attributes the need for the reorganization to the

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