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KCG Holdings Inc Lays Off Around 30 People In US, 30 In Europe-Reuters

Wednesday, 23 Oct 2013 06:55am EDT 

Reuters reported that KCG Holdings Inc has laid off around 3% of its U.S. workforce and 5% of its global staff on Tuesday following a review of its business, which formed in July following the takeover of trading firm Knight Capital by rival firm Getco. Around 30 people in the United States and about 30 people in Europe received layoff notices, effective immediately, as the Company, sought to eliminate job redundancies following the merger. 

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