Quant Trading Firm Slashes London Tech Team in Deep Restructuring

G-Research, London-based electronic trading firm, cuts 100 tech staff

Working as a developer at an electronic trading firm has long been seen as a highly lucrative and secure job. However, recent events at G-Research, the London-based electronic trading firm, suggest that the landscape may be changing. According to multiple sources, G-Research has made significant cuts to its technology staff in London, letting go of approximately 100 employees in the past few weeks. These job cuts come after a period of rapid growth for the company, which saw the addition of around 100 new hires in the year leading up to March 2023.