Reuters asks staff to cut back on expenses

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.”

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