Thomson Reuters to cut 2,000 jobs, take 4th-quarter charge
Thomson Reuters Corp said on Tuesday it would cut about 2,000 jobs worldwide, about 4 percent 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 Financial & Risk business and the Enterprise, Technology & Operations Group, the news and information company said.
The company employs about 48,000 people globally, a spokesman said.
Thomson Reuters shares gained about 4 percent in early trading in both New York and Toronto.
