The world’s largest international multimedia news agency will have a very different newsroom come January 2nd.
Almost four dozen union Reuters journalists accepted voluntary buyouts from the company and left, according to a statement released by the Newspaper Guild of New York on Monday.
More than half of those journalists said farewell to colleagues Tuesday; another fifteen accepted buyouts around the time they were offered in October.
The Guild said the job duties of two journalists were being moved to “low-wage Bangalore.” Four reporters left when Thomson Reuters announced it would not roll out its much-anticipated next-generation website, Reuters Next.
The Guild estimates the four dozen journalists “represent more than 900 years of experience and excellence.”
As a company, Thomson Reuters eliminated over 5,500 positions — or about 9 percent of its global workforce — in 2013. One round of cuts saw the elimination of 140 newsroom jobs in a single month.