Wire-Cutting

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At least nine editorial slots have been axed by Thomson Reuters ("TR") news service in a cost-cutting measure, the Web site for Talking Biz News (www.talkingbiznews.com) reported today.

An indeterminate number of TR employees across the board are getting their walking papers in departments ranging from training to sales and editorial, the Talking Biz News post reported. Reportedly, a quarter of Reuters' Wealth Mgt. Division was eliminated by the staff reduction.