Peter Job's Legacy? Reuters' Restructuring Reinvents The Company Along Product Lines
YEAR IN REVIEW
For Reuters, 1998 witnessed the most wide-ranging management restructuring in eight years, amidst a US federal investigation and distractions that impacted the entire industry regarding euro and Y2K conversions.
The company-wide reorganization, which officially takes effect this month, abolished the regional management structure (which have been operating as 'self-contained fiefdoms' according to chief executive Peter Job) and centralizes product lines and sales operations into discrete global
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