: TransUnion to shed about 1,300 employees in cost-reduction plan, as stock rises

TransUnion TRU said Wednesday it plans to reduce its 13,000-employee work force by 10% or, about 1,300, as part of a cost-cutting plan at the information and risk management solution company. TransUnion’s stock was up 3.5% in premarket trading. “We believe these investments will help optimize our global operating model and enhance our market-leading technology to reduce costs, accelerate innovation and drive growth,” said Chief Executive Chris Cartwright, in a statement. The Chicago-based...