WASHINGTON (dpa-AFX) - CME Group (CME) announced, as part of its recently announced restructuring, the company will reduce global workforce by roughly 5 percent or about 150 positions, in the current week. The majority of eliminations will come from technology, with the balance of positions coming from corporate and administrative functions.
CME Group Executive Chairman and President Terry Duffy said: 'These staffing changes and other expense control measures we have taken internally will result in decreased costs and reduced management layers, and will help ensure the company's long-term continued growth.'
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