OLD Media Moves

Four Reuters.com employees are departing

October 23, 2013

Posted by Chris Roush

At least four Reuters employees have decided to leave the company following the dissolution of Reuters Next, an expensive and ambitious consumer-facing web site, reports Joe Pompeo of Capital New York.

Pompeo writes, “‘It is with more than a tinge of sorrow that I want to give details of changes coming our way at reuters.com associated with the discontinuation of the Reuters Next project,’ wrote U.S. managing editor Brian Tracey this afternoon in a memo obtained by Capital. ‘Megan McCarthy, Colin McDonald, John Peabody and Chad Matlin (from the Opinion team) have decided to part ways with the company beginning next month.’

“One source called these four ‘the buyout takers.’ The company had previously indicated it plans to eliminate seven unionized positions as a result of the Reuters Next termination.

“According to our source, that leaves a rather slim crew devoted to reuters.com, which is now being revamped on a less grandiose scale than what had been planned with Reuters Next. The remaining New York-based reuters.com team includes newly-minted executive editor Dan Colarusso.”

Read more here.

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