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The Thomson-Reuters merger has resulted in not-unexpected job cuts, due to a “natural overlap and duplication in coverage,” according to Reuters news service editor-in-chief David Schlesinger.
When Reuters news service absorbs Thomson Financial News, 140 editorial jobs will be cut before the end of the year. The company will add 50 new jobs in high-growth areas; when the dust clears, the news organization will have about 2,500 employees, Reuters reports.
Britain’s National Union of Journalists is pressing to have any job cuts carried out through voluntary buyouts. A strike is not out of the question if negotiations fail.
650 jobs could be lost in its content, technology and operations division, though the total number of people in that division leaving the company through redundancies is expectedto be around 250.
The newly combined Thomson Reuters employs 50,000 people worldwide and could lose as many as 1500 jobs in total.
TargetSpot has acquired online streaming ad rep firm Ronning Lipset Radio in a move that will form the largest audio advertising network and streamline the buying of online radio spots, the companies say.
TargetSpot is an online system for creating,…
FT Group, publisher of the Financial Times, saw total revenue leap 11% for the first nine months of 2008. Circulation and ad revenue grew, as did revenue from interactive data.
Ad revenue was up 1% over the first nine months…
Location-based services that allow marketers to connect with consumers wherever they are have long been considered the ideal in advertising. eMarketer is predicting that the opportunity will grow significantly in coming years, with the number of consumers using such services…
Comedy Central is building on the success of its two wildly popular fake-news programs, The Colbert Report and The Daily Show, adding a show called Chocolate News.
The new show will star David Alan Grier as the pompous host of…
Prices of list rentals are declining across the board and – for the first time ever - show a downward trend in every B2C and B2B category tracked, according to Worldata’s Fall 2008 List Price Index (see table), writes MarketingCharts.
Permission-based email…
Custom publications are being increasingly produced by specialty editors and designers (73%) rather than by those in communications roles, according to a study conducted by the Custom Publishing Council (CPC) in cooperation with Publications Management, writes MarketingCharts.
The survey, “Staffing and Compensation:…
