OMHEX CEO: More Layoffs Imminent
EXCHANGE TECHNOLOGIES
STOCKHOLM--More layoffs are expected at OMHEX--the result of the merger between vendor OM and the Helsinki Exchange (HEX)--according to officials who officially took over the combined entity last week.
Magnus Bocker, who was confirmed as CEO and president last week, says that further layoffs will be a part of the integration of the companies while a move to a single trading platform offering will reduce IT staff requirements. These steps are aimed at helping profitability, a sore spot for Swedish
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