Media News

Reuters asks staff to cut back on expenses

May 19, 2023

Posted by Chris Roush

Reuters has asked its editorial staff to cut back on expenses, reports The Baron, a website that tracks the news company.

The Baron writes, “International assignments and permanent transfers will be postponed for a few months and there will be no new hiring until later in the year.

“Training will go online. Any that needs to be in-person will be pushed back to later in the year.

“The controls are temporary, editor-in-chief Alessandra Galloni¬†told editorial leaders.

“Last year, Reuters newsroom grew by more than 200 staff, the biggest expansion for well over a decade.

“‘That growth – including new finance and markets reporters, the expansion of the Reuters India financial file, and the conversion of freelance colleagues to staff in locations around the world – has made us a stronger newsroom and led to a better news file,’ she said.”

Read more here.

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