CMC Markets Sees Departure of its Chief Market Analyst Michael Hewson

Michael Hewson, the Chief Market Analyst at CMC Markets, is stepping down after serving the company for 15 years. Hewson mentioned on LinkedIn: "After a remarkable 15 years here on LinkedIn, and even longer at CMC Markets, it's time for me to step down from my current role. During my time as an analyst at CMC, I've had the privilege of writing and talking about some really big stories, from the global financial crisis, 4 UK elections, and 4 US elections, including Trump, Brexit, and a host of corporate stories from huge M&A deals to IPOs, and other stories like Deepwater Horizon."

At CMC Markets, Hewson focused on technical and fundamental insights through daily analysis of market movements. His responsibilities extended beyond analysis to include the content used across various mediums, including educational seminars and media channels.

Earlier in February, CMC Markets announced 17% layoffs (approximately 200 positions) to drive efficiency, which marked part of its broader strategy to enhance its cost reduction.