Publishing business
Thomson Reuters is
slashing 250 jobs within its 650-strong IT, content and operations division.
The redundancies are part of a scheme affecting the group's staff worldwide,
as the consolidation review processes found that many positions would overlap, a
Thomson Reuters spokeswoman told Computing.
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Thomson Reuters is still waiting on the specific UK numbers and a breakdown
across various divisions including technology, which the business expects to
discover "over the next couple of weeks, when formal collective consultation
will begin with Unite over these proposed job cuts".
At the time of the merger of media groups Thomson and Reuters, the
consolidated company announced its aim of reaping $750m (£383m) in savings by
the third year through “synergies in areas such as property and technology”.
Staff reviews represented part of the plan.
It is expected the bank's move – which is thought to affect IT staff in major
UK cities including London, Manchester, Edinburgh – will begin in August and is
expected to complete early next year.
The move is "unjustified and represents a lack of faith in the IT skills of
their UK workforce", workers union
Unite said in a
statement.
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