- Notifications of cuts will start this month, Reuters (TRI -1.3%) President Stephen Adler announces to the company, and will affect offices across the world.
- The news comes in the wake of several key staff departures and the axing of the new consumer-oriented web product, Reuters Next.
- Yesterday: CEO Jim Smith preps company for more cuts.
Reuters to cut 5% of editorial staff
Oct 2 2013, 11:59 ET