LSE-Deutsche Boerse merger: cutting workers in the light?

The merger between the London Stock Exchange and Deutsche Boerse could involve cutting 1,250 jobs in what would become the largest European square.

The predictions announced the two companies even if the London Stock Exchange states that will create 200 new jobs to create new initiatives, waiting for July 4, the London Stock Exchange shareholders approve the transaction. LSE shareholders will receive 0.4421 new shares for each LSE share they own, those of Deutsche Boerse will receive one new share for every Deutsche Boerse in the portfolio.

According to these reports the exchange, the shareholders of Deutsche Börse will have 54.4% of the issued and to be issued share capital of the Group resulting from the merger, those of the London Stock Exchange 45.6%.