Reuters announces plan to shed 3,000 jobs

News and information group Reuters unveiled plans to shed another 3,000 jobs today after enduring the worst year in its 151-year history.

Reuters announces plan to shed 3,000 jobs
Tue, 18 Feb, 2003 - 15:25

News and information group Reuters unveiled plans to shed another 3,000 jobs today after enduring the worst year in its 151-year history.

The group posted losses of almost £500m (€743m) and offered little sign of a respite from the conditions which have ravaged its annual figures.

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