TRANSORA LAYS OFF 24, SAYS COLLABORATION NEEDED

CHICAGO -- Transora, one of the three major electronic exchanges serving the food industry, has laid off 24 workers in a cost-cutting move.Transora CEO Judith Spreiser told SN that speculation that it is about to merge with one of the other major exchanges is premature.While not completely ruling out a merger, Spreiser said what is needed more immediately is better collaboration among all the exchanges.The

CHICAGO -- Transora, one of the three major electronic exchanges serving the food industry, has laid off 24 workers in a cost-cutting move.

Transora CEO Judith Spreiser told SN that speculation that it is about to merge with one of the other major exchanges is premature.

While not completely ruling out a merger, Spreiser said what is needed more immediately is better collaboration among all the exchanges.

The other two exchanges are Worldwide Retail Exchange (WWRE), Al

Register to view the full article