Thomson Reuters is cutting engineers and hiring AI-native ones
The meeting was a technology all-hands, held on Monday, and the phrase the company used afterwards was “a small number of roles”. The number an employee who attended gave to Reuters was up to 500.
Thomson Reuters, the Canadian content and technology group that owns Reuters News, is cutting engineering jobs globally as it pushes artificial intelligence through its legal, tax, and regulatory products. The employee spoke on condition of anonymity because the meeting was not public.
Up to 500 is roughly 1.8% of a workforce of about 27,100. Measured against the unit the cuts actually fall on, the company’s operations and technology division of about 9,400 people, it is closer to 5.2%. Which of those two denominators you prefer determines whether the phrase “small number” is a description or a decision.
“As customer expectations across legal, tax, and regulatory workflows evolve, we are focusing our capacity where it matters...
Copyright of this story solely belongs to thenextweb.com. To see the full text click HERE
