Deutsche Boerse Said to Plan Elimination of 35 Managerial Jobs
- Voluntary leaving program was previously announced internally
- Joint venture with Chinese exchanges to start next month
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Deutsche Boerse AG is planning to shed 35 managers as its new chief executive officer implements his strategy for the market operator, according to two people with knowledge of the matter.
The personnel may be culled from across the company, though no one has left yet, said the people, who asked not to be identified because the plans are private. Frankfurt-based Deutsche Boerse has offices across Europe, with post-trade services in Luxembourg and Eurex personnel in London.