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Market Chatter: Equinor's Danske Commodities Lays Off 5% Staff to Focus More on Technology-Based Operations

-- Equinor's (EQNR) Danske Commodities has decided to let go about 5% of its staff as the company shifts its focus more on technology-based trading operations, Bloomberg said Wednesday, citing an emailed statement from the company.

As many as 28 employees have left the firm last month and the headcount reduction is necessary so that Danske Commodities is well-positioned for the markets of the future, the report said.

Danske Commodities did not immediately respond to' request for comment.

(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.)

Price: $37.42, Change: $-0.59, Percent Change: -1.54%

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