Thomson Reuters: 500 jobs cut
Thomson Reuters announced the layoff of 500 engineering roles, representing 5.2% of its operations and technology division, while planning to hire 250 AI-native engineers. This restructuring reflects the company's shift towards AI integration in its services.
Conservative
0
Core Estimate
375
Upper Bound
500
Sources
Thomson Reuters cuts 500 engineers to hire 250 AI-native ones - DEV Community
Thomson Reuters cuts 500 engineers to hire 250 AI-native ones - DEV Community Thomson Reuters is cutting up to 500 engineering roles while planning to hire more than 250 new ones that it describes as "the large majority senior and AI-native." The cuts represent about 5.2 percent of the company's 9,400-person operations and technology division. Its shares closed roughly 5 percent higher on the announcement, on a day the broader technology sector fell sharply. ### Key facts - Up to 500 engineer