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Company Briefs: Thomson Reuters Corp, Companies & Markets News & Top Stories - The Straits Times

by straitstimes.com posted 1month ago 19 views
December 05, 2018 5:00 AMThomson Reuters Corp.: Thomson Reuters Corp said yesterday that it will cut its workforce by 12 per cent by 2020, axing 3,200 jobs, as part of a plan to streamline the business and improve operating efficiencies. The news and information provider, which completed the sale of a 55 per cent stake in its Financial & Risk unit to private equity firm Blackstone Group, announced the cuts during an investor day in Toronto, in which it outlined its future strategy and growth plans.

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