Liquidnet Cuts About 6% of Staff Citing Struggling U.S. Market
This article is for subscribers only.
Liquidnet Holdings Inc., which runs a trading platform where large investors can buy and sell stocks, is cutting staff amid poor performance at its U.S. division.
The reductions amount to less than 6 percent of its employees, according to a statement from Liquidnet. The company has about 300 workers worldwide. Liquidnet declined to give a more specific number of employees eliminated or to name them.