Philip Green Leaves Reuters

ORGANIZATION AND STRATEGY

Philip Green, the chief operating officer of Reuters, is leaving the company at the end of this month after his position was eliminated, the vendor said on Friday.

The departure will enable chief executive officer Tom Glocer to focus more on the day-to-day running of the company. "The purpose of this management change is to slim down and bring greater focus to senior management as we reshape Reuters business. We have undertaken to reduce costs and it is imperative we cut expenditure at every

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