CME Cuts About 100 Jobs This Week, or About 3% of Workforce

CME Group Inc., the US’s largest derivatives exchange, said it cut about 100 jobs, or 3% of its workforce this week.

(Bloomberg) — CME Group Inc., the US’s largest derivatives exchange, said it cut about 100 jobs, or 3% of its workforce this week.

“The company plans to reallocate the majority of those positions to new, cloud-focused technology roles,” Laurie Bischel, a spokeswoman for the Chicago-based exchange, said Friday in a response to questions.

Overall headcount will remain about the same, according to the spokeswoman.

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