Exclusive: Markets.com Continues Consolidating Staff, Dozens Let Go
Posted: Tue Jun 28, 2016 7:18 pm
Online brokerage for forex and CFDs trading Markets.com has let go dozens of its employees, Finance Magnates has confirmed with Playtech. The business is part of the financial trading portfolio of the London listed gaming giant. The company has acquired TradeFX, which owns the Markets.com brand, back in April 2015.
The news doesn’t come as a surprise amid the ongoing transformation in the business model of Playtech’s financial trading subsidiary. Back in December 2015, Finance Magnates already reported that the operational structure of the company’s financial business is getting a revamp alongside client on-boarding procedures.
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