Thomson Reuters Axing 2% of its Workforce in Latest Job Cuts

[kreslik.news]

The banking industry has seen an uptick in job cuts in 2016, however following a static Q3 2016, Thomson Reuters (NYSE:TRI) has also opted to axe upwards of 2,000 jobs across its financial and risk business, according to a company statement.

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The announcement follows on the heels of a Q3 earnings report and several memos to Thomson Reuters’ management team. The group had also unveiled a new structure from sales GTM to product management in place. In addition, the company will also be consolidating many ... (read more)