{"id":1980183,"date":"2023-07-22T07:50:02","date_gmt":"2023-07-22T11:50:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cme-group-to-lay-off-3-of-its-workforce-reallocate-positions\/"},"modified":"2023-07-22T07:51:55","modified_gmt":"2023-07-22T11:51:55","slug":"cme-group-to-lay-off-3-of-its-workforce-reallocate-positions","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cme-group-to-lay-off-3-of-its-workforce-reallocate-positions\/","title":{"rendered":"CME Group to cut 3% of staff, reshuffle roles."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fcme-group-to-lay-off-3-of-its-workforce-reallocate-positions%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1980183&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p>(Reuters) \u2013 CME Group, the world\u2019s largest derivatives exchange, has made some significant changes this week. They have eliminated about\u200c 100 positions, \u2064which accounts for 3% of their workforce. However, they plan\u2064 to reallocate the\u200b majority of those positions to new, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cme-group-to-lay-off-3-of-its-workforce-reallocate-positions\/\" title=\"CME Group to cut 3% of staff, reshuffle roles.\">cloud-focused technology roles<\/a>. This move shows their commitment \u200bto embracing\u200d technological advancements. \u2064The overall headcount will remain the same, ensuring a \u200csmooth transition.<\/p>\n<p>The \u2062spokesperson declined\u200c to comment on \u2062the exact number of people being reallocated or whether CME will <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chipotle-says-menu-prices-could-increase-if-minimum-wage-hike-imposed\/\" title=\"Chipotle Says Menu Prices Could Increase If Minimum Wage Hike Imposed\">hire additional staff<\/a> to maintain their\u200d headcount. This decision comes after two\u200c regional U.S.\u200d lenders collapsed in March, causing a major crisis in the industry. CME Group is joining major Wall Street banks\u200c in \u2063cutting \u200cheadcount to \u2062adapt to the \u200dchanging landscape.<\/p>\n<p>Despite the challenges, CME Group reported \u200dpositive\u200b quarterly results in April. Chief Executive Officer Terry Duffy attributed this success to shifting perceptions about the \u200dFed&#8217;s near-term rate path and significant banking \u2062concerns\u2062 in March. The Chicago-based company is set to announce its\u2062 second-quarter results on Wednesday, which\u2063 will provide further insights into \u2064their performance.<\/p>\n<p>(Reporting by Yana Gaur and \u2063Urvi Dugar in Bengaluru; Editing by William Mallard)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/cme-group-to-lay\/attachment\/file-photo-illustration-shows-cme-group-inc-logo\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Hunter\u2064 Biden\u2019s lawyers file a complaint against Marjorie Taylor Greene while we say goodbye to Tony Bennett.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>One America\u2019s Bridget Bosco spoke with Ben Pauling\u2062 about the power of storytelling in Sound of Freedom and his movie \u200bin the making, Dream, to show Americans the horror of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sound-of-freedom-shines-a-light-on-horrors-of-child-sex-slavery\/\" title=\"\"Sound of Freedom\" exposes child sex slavery horrors.\">child sex slavery<\/a>.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Comedian and Political Commentator, Bobby Sausalito, discusses the latest \u2064in culture news \u2013 including Anthony Weiner\u2019s live meltdown, a golf protest and the\u200d continued\u2064 Bud Light controversy.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Head of Pastors For Trump and Pastor\u200c of Sheridan Church, discusses the latest on the continued campaign\u2063 to stop President Trump and updates on J6 \u200cpolitical prisoners.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) -Audio-streaming platform Spotify Technology plans to raise\u2062 the \u200bprice of \u2063its <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/anthony-weiners-strange-reaction-during-a-recent-podcast\/\" title=\"Anthony Weiner's odd response on a recent podcast.\">ad-free premium monthly plan<\/a> by \u200c$1 in the United States,\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Diane\u2064 Bartz\u2063 and Krystal Hu WASHINGTON\/NEW YORK (Reuters) -AI companies including OpenAI, Alphabet \u2064and Meta Platforms\u2063 have made voluntary \u200dcommitments to\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>LONDON (Reuters) -Microsoft\u2019s Activision Blizzard deal is back in the\u200c hands of Britain\u2019s antitrust regulator after an appeals \u2063court granted an \u2062adjournment,\u2026 \u200c <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Luc\u2062 Cohen NEW \u2064YORK (Reuters) -An American couple \u2064accused of laundering billions\u2063 of dollars worth of cryptocurrency stolen \u2064from the 2016\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CME Group, the biggest derivatives exchange, cut 100 jobs (3% of its workforce) this week. However, the majority of these positions will be reallocated to new cloud-focused technology roles, according to a spokesperson. The company aims to enhance its technological capabilities, as stated in an emailed statement.<\/p>\n","protected":false},"author":66,"featured_media":1980184,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1980183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1980183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1980183"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1980183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1980184"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1980183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1980183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1980183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}