Page 1 of 1

LSE – Deutsche Börse Merger Likely To See 1,250 Job Cuts

Posted: Wed Jun 01, 2016 6:47 am
by kreslik.news

The proposed tie-up between the London Stock Exchange (LSE) and Deutsche Börse, which is set to create a £21 billion pan-European trading giant, is likely to lead to 1,250 job cuts or around 14 percent of their combined workforce and is part of a €450 million cost savings initiative.
We believe that this merger allows the shareholder long-term growth through diversified and resilient revenue streams.

The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

Cost Savings

The potential cost savings are the key factor in gaining support ... (read more)