Reuters Integrates, Lays Off and Closes

ORGANIZATION & STRATEGY

Reuters Consulting has been integrated into the new Reuters America Professional Services Group, headed by executive vice president, Frank Nebbeling, Reuters officials confirm. The move comes as Reuters lays off more employees and closes its data management joint venture.

The integration of the global Reuters Consulting into the new group has been underway for the past month, say sources familiar with the situation. Getting the major arms of Reuters--the US, the UK and Asia--to agree to the i