Thomson Reuters Plans ‘Relentless’ Cost Cutting In Downturn, Still Optimistic
Oct 22, 2008 5:19 AM
Thomson Reuters (NASDAQ: TRIN) has promised to “relentlessly” cut costs as the global economy begins to bite its clients’ businesses and, with them, its own. Devin Wenig, CEO of the markets division that includes Reuters Media and Reuters.com, yesterday told staff, in a frank internal memo obtained by paidContent:UK: “Many…
Posted In: Jobs & Layoffs, Companies, Reuters, devin wenig, layoffs, thomson reuters
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