LSEG considers cutting 200 jobs globally, Bloomberg News reports

(Reuters) -The London Stock Exchange Group is considering cutting around 200 jobs globally after its executives conducted a review of its business, Bloomberg News reported on Friday, citing people familiar with the matter.

The cuts will affect less than 1% of the British exchange operator’s workforce globally and will largely impact its sales division, the report said.

LSEG declined to comment on the report.

LSEG employs 25,000 people globally, with more than half located in Asia-Pacific, according to its website.

Reuters provides news for LSEG’s news and data Workspace terminal.

(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Alan Barona)

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