Reuters to Shift Content Unit To India


Wonder when this will start as trend for media companies? Well, it already has: Reuters is planning to move much of the core of its operation to India in an attempt to save money. The content division–the section which generates the financial data Reuters sells to banks and other key customers–may be the one to move jobs to India.

The content division was recently swelled by the acquisition of data company Multex. Staff who had joined Reuters from Multex were told that their jobs were safe.

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