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Thomson Reuters to cut 3,200 jobs in next two years

Updated : December 04, 2018 10:48 PM IST

The news and information provider, which completed the sale of a 55-percent stake in its Financial & Risk (F&R) unit to private equity firm Blackstone Group LP, announced the cuts during an investor day in Toronto, in which it outlined its future strategy and growth plans.
Shares in Thomson Reuters rose 3.7 percent on Tuesday, hitting an all-time high.
Thomson Reuters to cut 3,200 jobs in next two years
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