In order to increase cost-efficiency and to simplify the organization, OMX Technology will transfer the major part of the operations within its global services business area, which resides in Helsinki, Finland, to other units within OMX Technology.
The measures are expected to lead to a reduction of approximately 20 positions in Helsinki. The positions to go include operational staff as well as management and administration. OMX stated that customer network maintenance and local technical support would not be affected.
Last year, the company, which owns and operates the stock exchanges in Stockholm, Helsinki, Tallinn, Riga and Vilnius, announced that it was to close part of its derivatives trading and global services operations in Finland.
