CHICAGO, April 26 -- CME Group Inc, whose first-quarter profit missed Wall Street expectations, said Thursday it has cut staff and plans more slimming this year as it tries to reduce costs and shore up income.
"We continue to look for efficiencies wherever we can," Chief Financial Officer James Parisi said on a conference call.
The company cut 35 employees in the first quarter, bringing its headcount to 2,702, he said. The company also plans a "voluntary exit incentive plan" for a select group of employees, but Parisi did not provide details on how much money that would save or how many people would be affected.
(Reporting by Ann Saphir; Editing by Gerald E. McCormick)