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Retail FX
Robinhood Trims Workforce Again as Retail Investor Activity Wanes
Third time's a charm? The retail trading company cuts jobs amid declining volumes.
The HOOD laid off 1,000 people in 2022, and about 150 will lose their jobs now.
Tuesday, 27/06/2023 | 08:43 GMT
by
Damian Chmiel
Executives
Goldman Sachs Talent Storm as Executives Head to Competitors
Key personnel exits Goldman Sachs for competing firms.
Three months ago, the lending giant announced massive layoffs.
Thursday, 20/04/2023 | 10:45 GMT
by
Damian Chmiel
Institutional FX
Barclays Joins the Layoffs Bandwagon, Cuts 100 Jobs in Investment Banking
Investment giant prepares for another round of job cuts.
However, the cuts are more modest than those of competitors.
Monday, 17/04/2023 | 09:30 GMT
by
Damian Chmiel
Institutional FX
UBS Slashes 36,000 Jobs Following Credit Suisse Takeover
UBS leads the layoffs in the finance and technology sector.
The massive job cuts started in October 2022.
Wednesday, 05/04/2023 | 08:28 GMT
by
Damian Chmiel
Institutional FX
JPMorgan Joins the Investment Banking Jobs Cuts Wagon
Goldman and Morgan Stanley previously announced similar moves in the region.
JPM wants to reduce 30 jobs, mainly in junior-level positions.
Tuesday, 21/02/2023 | 11:11 GMT
by
Damian Chmiel
CryptoCurrency
Crypto Platform Luno Sheds 35% of Workforce
Luno is a part of DCG, which is also reducing its current employment.
The company misjudged the level of industry slowdown during the crypto winter.
Thursday, 26/01/2023 | 09:06 GMT
by
Damian Chmiel
Institutional FX
Goldman Sachs Joins Layoff Wagon, Wants to Cut 3,200 Jobs
According to previous reports, Goldman Sachs wanted to cut 4,000 jobs.
The layoffs come as an answer to worsening economic conditions.
Monday, 09/01/2023 | 09:30 GMT
by
Damian Chmiel
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CryptoCurrency
Mass Layoffs Continue as Blockchain.com Sheds 25% of Workforce
Argentina to account for the largest number of disengaged employees.
Blockchain.com cited bear market and financial losses for the measure.
Thursday, 21/07/2022 | 13:00 GMT
by
Solomon Oladipupo
News
Klarna’s Workforce Cut: Fintechs Come to the Rescue
The Swedish company recently announced that it is planning to cut 10% of its global workforce.
Fintech giants like Revolut and Wise said that they are hiring for hundreds of open roles.
Friday, 27/05/2022 | 09:15 GMT
by
Bilal Jafar
Thought Leaders
Moneta Markets Are on the Hunt for Talent, Paying Up to 7 Figures!
If you’re an FX sales hotshot, then you belong at Moneta Markets.
Thursday, 03/06/2021 | 08:33 GMT
by
Finance Magnates Staff
Institutional FX
ABN Amro Plans to Cut Nearly 15% of the Workforce
The bank seeks to reduce costs by more than 700 million euros by 2024.
Monday, 30/11/2020 | 11:44 GMT
by
Bilal Jafar
Execution
UBS Reports Weak Q3, Job Cuts Expected in Q4 2019
Net profit fell by more than 16 per cent year-on-year.
Tuesday, 22/10/2019 | 14:17 GMT
by
Celeste Skinner
Brokers
Mitsubishi UFJ to Cut Half of Asia ex-Japan Staff
The job cuts could be finalised as early as Wednesday, according to people familiar with the matter.
Tuesday, 24/09/2019 | 12:13 GMT
by
Celeste Skinner
Brokers
Discount Brokerage Charles Schwab to Cut Around 600 Jobs
The announcement comes less than a week after the company revealed it is closing down its Singapore office.
Wednesday, 11/09/2019 | 07:10 GMT
by
Celeste Skinner
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Prime Brokerage
Abysmal First Half Prompts More Banks to Cut Jobs
Citigroup is the latest prime broker to reduce the number of traders on its payroll, FX once again spared
Tuesday, 30/07/2019 | 12:23 GMT
by
Victor Golovtchenko
News
The Top 5 Most Essential Tips for Hiring in the Crypto Industry
Establishing hiring practices in this new and rapidly expanding industry is a challenge, but planning is key.
Friday, 28/12/2018 | 07:18 GMT
by
Rachel McIntosh
Institutional FX
Exclusive: Nomura Part Ways With ex-Global Head of FX Trading Nigel Khakoo
Finance Magnates understands that the former Global Head of FX Trading was amongst the 50 traders who lost their jobs yesterday
Wednesday, 04/07/2018 | 15:48 GMT
by
David Kimberley
Brokers
Toyga Lays Off Developers and Sales Staff in Israel amid Cost Optimization
The company delivers services to forex and CFDs brokers
Thursday, 17/05/2018 | 15:34 GMT
by
Victor Golovtchenko
Technology
RBS Axes Further 792 Jobs, Closes 162 Branches Amid Digital Transformation
The fresh job losses came despite the lender reported last month its first full-year profit in a decade.
Tuesday, 01/05/2018 | 21:19 GMT
by
Aziz Abdel-Qader
Prime Brokerage
Deutsche Bank Initiates Layoffs in Cost-Cutting Effort
The German lender's job cuts will include at least 250 employees globally.
Tuesday, 20/02/2018 | 08:08 GMT
by
Finance Magnates Staff
Prime Brokerage
Mizuho to Slash Global Workforce by 24% Over Next Decade
The lender is portending upwards of 19,000 job losses in its latest cost-cutting strategy.
Tuesday, 14/11/2017 | 13:34 GMT
by
Jeff Patterson
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Prime Brokerage
JPMorgan Taps Warsaw for Operations Center, Heralding Thousands of New Jobs
The new operations center could bring thousands of new jobs in data, risk, and credit risk management.
Friday, 22/09/2017 | 13:23 GMT
by
Jeff Patterson
Innovation
Matchpool and bitJob to Introduce Students to Blockchain Careers
Both bitJob and Matchpool provide platforms encouraging newcomers to the cryptocurrency ecosystem.
Thursday, 14/09/2017 | 13:25 GMT
by
Avi Mizrahi
Regulation
Hard Brexit Adds to UK Financial Industry Woes with Job Losses Likely
Reports estimate loss of around 40,000 banking jobs as banks look to leave the UK to find a new home.
Wednesday, 02/08/2017 | 10:23 GMT
by
Colin Firth
Prime Brokerage
UBS’ Sergio Ermotti Floats Frankfurt as Destination for Bank’s London Jobs
"I think Frankfurt is a location of choice. There are different, other locations that could come into consideration.”
Wednesday, 12/07/2017 | 09:05 GMT
by
Jeff Patterson
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