Thomson Financial To Reassign Or Fire Staff in Wake of Integration

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LONDON--Many employees at Thomson Financial are awaiting a decision on whether they will be moved to another part of the organization or made redundant.

The company is looking to cut back on duplicative efforts, Jim Malkin, Thomson Financial Europe’s managing director, tells Inside Market Data. As a result of Thomson’s acquisition of Primark (IMD, Sept. 18, 2000) and Carson (IMD, Jul. 17, 2000) last year and the subsequent integration of the companies’ products, there are employees with dupli