Reuters' Job Rebuffs Reorg Gossip: Subtle Change Seen


LONDON--Despite widespread media speculation about an imminent and major management restructuring at Reuters, chief executive Peter Job last week indicated that a recent internal memo was misconstrued and that no such reorganization is pending.

The Job Memo has become almost infamous in the media circus, with much made by the press of the "self-contained" fiefdoms referred to in Job's internal document. This was widely interpreted as a desire to abolish the regional management structure of th

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