Reuters Exceeds IM Target; Further Cuts Rumored


Reuters has exceeded its target of 175,000 users for its instant messaging service--a major element in its plan to boost the competitiveness of its products--by signing up 225,000 users by the end of 2002. At the same time, it faces renewed talk that it is planning to lay off a further 1,000 employees when it announces its 2002 results in February.

Launched in October 2002 to compete with Bloomberg’s e-mail service, Reuters Messaging has been taken up by almost 80,000 buy- and sell-side profe

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: