Cboe cuts 20% of workforce, sells Canadian and Australian operations
Cboe Global Markets is laying off 20% of its workforce as part of a strategic realignment. Affected employees were notified on Friday. The exchange operator is also selling its Canadian and Australian operations to focus on core exchange businesses.
Key facts
- Cboe is cutting 20% of its workforce.
- Affected workers were notified on Friday.
- The layoffs are part of a broader strategic realignment.
- Cboe is selling its Canadian and Australian operations.
- The company aims to focus on core exchange businesses.
Entities
Institutions
- Cboe Global Markets
Locations
- Canada
- Australia
Sources
- Quartz —