Shortage of experienced workers may have prolonged NYSE outage
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New York
WHEN the New York Stock Exchange went down during the trading day last week, few of the veteran employees who had helped lead the exchange past technical problems were on hand.
Since Intercontinental Exchange, known as ICE, purchased the New York Stock Exchange in 2012, the company, which is based in Atlanta, has cut hundreds of workers from the exchange. That included almost everyone in the exchange's top ranks.
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