Thomson Reuters has fired the business chief of its news division along with four other top executives, reports The Wrap. The move is part of a three-year rolling reorganization aimed at catching Bloomberg and Dow Jones. From my vantage point, Reuters has hired good writers and reporters but remains hard to find.
The Wrap has a vested interest in this news, as the entertainment and media website partnered with Reuters America last year (not mentioned in the breaking news update above).
*Meantime, Gannett is hiring executives.
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