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IG cuts UK roles amid global push

Despite internal opposition, the FTSE 250 firm has pushed through a large redundancy round in its marketing team
November 23, 2020 & Lauren Almeida
  • Trading platform group cuts 60 marketing roles
  • Move, billed as part of global push, follows record profits
  • Plans pre-date the pandemic
IC TIP: Hold at 816p

For many businesses, Covid-19 has forced management teams to abandon expansion plans and focus on preserving capital. For others, it has simply delayed long-planned shake-ups.

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