12:35 AM EDT, 09/10/2026 (MT Newswires) -- IG Group Holdings (IGG.L) is expected to cut a large number of jobs as part of a company-wide reorganization, Sky News reported Wednesday. The exact number of job cuts is not yet known, but the layoffs are expected to affect employees across the British derivatives trading company's global operations, the report said, citing a memo from Consumer Division Chief Executive Officer Michael Healy. The first round of consultations with UK employees reportedly took place last month, while staff in other countries, including Poland, France, Spain, Germany, India, and the United Arab Emirates, are expected to be consulted in September. IG Group did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.