Forex firm WorldFirst is laying off up to 20 staff over the next two months as it refocuses its business, City A.M. has learned.
The company could not confirm exact numbers, but said the job cuts would affect UK employees. WorldFirst is moving away from providing hedging products and plans to focus instead on e-commerce, in particular on small businesses in that sector.
A spokesperson for the group said: “Over the past year, WorldFirst has significantly reshaped its proposition and refocused its strategy to ensure the business is well positioned for long term growth. This process has driv…
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