Reuters Splits Nag Administrative Staff From Sales Group

THIS WEEK'S LEAD STORIES

Reuters Holdings PLC has eliminated the administrative department supporting its New York-based National Accounts Group, which handles sales to the vendor's 20 largest U.S. clients. The restructuring, which involved the loss of 15 jobs, acknowledges the failure of the group to make a big impact on sales to the firms it catered to.

NAG itself remains intact. But the group's salesmen will be relocated to Reuters' Midtown and Downtown Manhattan sales offices at a later date.

The NAG reorganizatio

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