Reuters to Move Editorial Jobs From U.S. and Europe to India (washingtonpost.com) "Financial news service Reuters Group PLC said yesterday it will eliminate up to 20 editorial positions in the United States and Europe and hire up to 60 replacements in India in a move aimed at cutting costs.
The journalists, who will be based at a Reuters facility in Bangalore, will be responsible for compiling tables, writing short research alerts based on analyst reports and polling analysts for earnings forecasts, according to company spokesman Steve Naru."
Via Dan Gillmor, who adds: "I am a bit surprised to hear this. Surely local knowledge is useful in journalism."
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