IG Group is undertaking a major restructuring by merging its regional consumer divisions into a single global unit. This consolidation is expected to result in hundreds of job losses across various international locations. Redundancy consultations have already commenced in the UK, with similar discussions anticipated in numerous other countries throughout September. The company states this move is part of a strategic review aimed at enhancing customer service and operational efficiency. The exact number of affected employees and the financial impact of these changes have not yet been disclosed.
London, United Kingdom
https://www.financemagnates.com/forex/brokers/report-ig-prepares-hundreds-of-layoffs-in-consumer-business-restructure/