Thomson Reuters cutting 2000 jobs

first_img Login/Register With: Facebook Advertisement Advertisement Twitter LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement Thomson Reuters Corp said on Tuesday it would cut about 2,000 jobs worldwide, about four per cent of its workforce, and take a fourth-quarter charge of $200 million to $250 million to streamline its business.The restructuring across 39 countries and 150 locations would mainly affect the company’s financial and risk business and its enterprise, technology and operations group, the news and information company said.The company employs about 48,000 people globally, a spokesman said. Thomson Reuters shares gained about four per cent in early trading in both New York and Toronto.The changes come as part of its multi-year effort to streamline its businesses, said Jim Smith, chief executive, in an interview Tuesday.last_img

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