Thomson Reuters Braces for Cuts

Reuters has not confirmed numbers of cuts, but according to the memo, has made "every attempt possible to deliver savings and eliminate duplication by canceling open posts, by moving people within the new organization to fill critical roles, and by managing the underlying attrition rate... so that the actual number of redundancies is held to a minimum."

The memo goes on to say that the vendor hopes to complete the majority of cuts by year-end, and that redundancies will be announced on a grou

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