Reuters’ Palo Alto Development Group Splits

ORGANIZATION AND STRATEGY

LONDON -- According to an internal memo, seen by TTW, Reuters will be moving the support and development functions for most of its products from its Palo Alto, Calif. development lab to Bangkok, Paris and New York. A small group of IT gurus in Palo Alto will remain under James Powell’s Innovation Group.

The memo, written by David Green, senior site official at Reuters’ Paolo Alto lab, to his staff, details plans for the ongoing support and development of various software products. Palo Alto-based

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