OM Group Revenues Rise, But Company Plans to Cut 60 Jobs
Enabling Technologies
LONDON—OM Group, the exchange and technology company, bucked the general technology downturn for the first six months of this year, but lower trading activity and fee reductions took a toll. As a result, the company plans to cut 60 jobs in its technology division.
Overall OM revenues were up 13 percent to 1,591 million Swedish kronor compared with the first six months of 2000, largely thanks to high growth levels in the technology units. Sales within Division Technology, which develops and sells
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