Reuters is moving its global online newsroom from Toronto to Bangalore, the company confirmed Thursday to Dana Flavelle of the Toronto Sun.
“The online operation, which creates content for the publicly accessible Reuters.com website, has been based in Toronto since 2005.
“The cuts affect roughly a third of Reuters’ editorial operations in Toronto, according to the Canadian Media Guild, which represents about 60 people in the Toronto office.
“In addition to its own website, Reuters’ newsroom also provides paying subscribers, such as newspapers, with original content.
“‘It’s really disappointing that Thomson Reuters, a profitable Canadian company, is off-shoring jobs to pay people peanuts. It’s not in the interest of our members, or of Canadians, for employers to throw people out of work and put downward pressure on our wages,’ said union staff representative Glenn Gray.
“Reuters said it has greatly increased the number of Reuters.com staff over the last eight months.”
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