Reuters to Detail Cost Reduction Measures
ORGANIZATION AND STRATEGY
Reuters is likely to detail cost-cutting measures that include layoffs and a shift in its relationship with Tibco Software when it releases financial results for 2002 tomorrow (Tuesday, Feb. 18) say industry observers.
Sanford C. Bernstein & Co. analysts expect 800 more job cuts to come in 2003 and predict revenues to decline by 8.7 percent, although they say Reuters should benefit from its transformation program and £80 million in headcount cuts made in June 2002. For 2004, the Bernstein
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
Barclays built a system to spot AI agents that might go rogue
Research setup ‘reads the mind’ of LLM-based agents and flags if they’re about to do something risky
AI assistants for human overseers? Or human checks and balances for AI actors?
The Waters Wrap: Speakers at a recent Bloomberg event emphasized the importance of keeping a human in the AI loop—but, Max asks, for how long?
CME marks cloud migration milestones, new FIX guidance for brokers, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
How Quoniam boosted its sentiment strategy by adding an LLM
The asset manager’s upgraded system creates scores from more-informative forward-looking parts of news.
Northern Trust Asset Management turns ESG data into investable alpha
NTAM’s sustainability specialists and quant team collaborate to turn fragmented ESG inputs into investable factors.
AI regulation: Who’s responsible for eliminating ‘gray areas’?
The Waters Wrap: In light of the Hugging Face hack and similar incidents involving rogue AI agents, Anthony wonders whether industry regulators will take the reins.
Canton: has Wall Street found its blockchain?
Network and privacy is behind Digital Asset spin-off’s tilt at next-gen settlement.
Semantic density: old wine, or a new vintage?
Giving AI agents enough context to carry out enterprise tasks has become a priority for firms building them, but it’s expensive. It might not have to be.
