Reuters Halves Its Product Line
ORGANIZATION AND MANAGEMENT
Reuters revealed last week that it is simplifying its product line by withdrawing half of its offerings from the market: over 500 products and services. The announcement came during the company’s interim results call last Tuesday, July 23, where it announced mounting losses (see related story, this issue).
The vendor is putting a further 25 percent of its products in care and maintenance mode, meaning that it will continue to support these services but will no longer sell them. This set of
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