Reuters Faces Revolt over Pay Policy


US labor unions are urging Reuters’ shareholders to protest a remuneration policy that rewarded Reuters’ top executives last year despite the vendor’s stock losing 74 percent of its value and thousands of employees losing their jobs.

The Newspaper Guild of New York, which represents 500 of Reuters America’s editorial, technical and sales support staff, has urged the shareholders to reject the policy, saying it is "fatally flawed" after the company turned in a dismal year.

The Communications Wo

To continue reading...