Thomson Reuters: Smith To COO, Merges Divisions
Sep 28, 2011, 2:12 PM
Thomson Reuters Corp named Jim Smith as COO and said it would merge its two main divisions, Markets and Professional. Per Reuters, it is struggling to persuade traders and bankers to adopt Eikon, its new flagship desktop. CEO Tom Glocer said there may be some layoffs as a reult of the merger, but no numbers were given.