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Print this pageWATERS NEWS - 2 Feb 2010
Deutsche Börse to Slash 300 Jobs
According to reports, Deutsche Börse is on the verge of laying off 300 workers, or 10 percent of its staff, to lower costs.
In mid-January, the German exchange said it would write down €200 million ($279 million) on its 2009 earnings. The write-down is a result of poor performance from its US equity option trading by the International Securities Exchange.
Deutsche Börse has yet to publicly comment on the job cuts.
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