Hedge Fund Eisler Cuts 15% of Staff in Overhaul to Trim Costs

Hedge Fund Eisler Cuts 15% of Staff in Overhaul to Trim Costs

Eisler Capital has dismissed about 15% of its workforce as it looks to reduce costs amid declining assets and trading losses.

Eisler cuts 15% of workforce in strategic overhaul

Eisler Capital has laid off roughly 15% of its staff as part of a broader cost-cutting initiative aimed at streamlining operations and stabilising performance, according to a report by Bloomberg citing an unnamed person familiar with the matter. The reductions, impacting approximately 45 employees, predominantly affected technology, middle- and back-office functions, as the London-based hedge fund accelerates its shift toward greater automation.…