Rumours persist that all is not well at CMC Markets.
Published: 01 Aug 2008
Word reaches the FiX that around 90 employees have been let go, which a spokesman says took place following a review of the company’s resources as part of its normal business planning. He adds that the company has shed less than 10% of its workforce.
At the same time, several of the company’s senior management have also left. Industry sources say that in some cases, the individuals have decided that it was time to walk off into the sunset and count their money, while in others the decision was not theirs.
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