Breaking: IG Group to Reduce 10% Staff Globally

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IG Group (LON: IGG) is expecting to reduce its headcount by about 300, which is 10 percent of its total workforce, by the end of fiscal year 2023. It came as the result of a review of the company’s cost-efficiency opportunities.

Announced today (Tuesday), the brokerage group expects to deliver full run-rate cost savings of £50 million per year.

This is a developing story.

This article was written by Arnab Shome at www.financemagnates.com.

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