Reuters Y2K Plan Emerges: Funding, Staffing Outlined
YEAR 2000
LONDON--Having last month earmarked £31 million ($51 million) for its so-called Millennium Program in 1998, Reuters' plans for the conversion of its product line in preparation for the Year 2000 are beginning to crystallize.
The company has established an executive team charged with leading the project, and has notified customers of pending product upgrades and obsolescence. It also appears to be using the millennium issue as an opportunity to discontinue aging services. Reuters is also
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