Thomson Reuters To Reduce Workforce By Approx. 3,200 Employees By 2020

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(RTTNews.com) - Thomson Reuters Corp. (TRI.TO, TRI) announced the company plans FTE, or full time employees, reduction of approximately 12% by 2020. The company also plans to reduce its locations by approximately 30%. Also, Thomson Reuters said the company plans to grow its organic revenues 3.5%-4.5% by 2020.

Thomson Reuters will host its 2018 Investor Day in Toronto on Dec. 5. The company's senior management team will deliver a series of presentations outlining the company's new organizational structure, operating and growth strategies, capital structure as well as revenue and free cash flow growth objectives for 2020.

Read the original article on RTTNews (http://www.rttnews.com/2960214/thomson-reuters-to-reduce-workforce-by-approx-3200-employees-by-2020.aspx)

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This article appears in: World Markets , Stocks , Economy
Referenced Symbols: TRI

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