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Thomson Reuters Corporation (/ ˈ r ɔɪ t ər z / ⓘ ROY-tərz) is a Canadian multinational content-driven technology conglomerate. [4] The company was founded in Toronto, Ontario, Canada and maintains its headquarters at 19 Duncan Street there.
In October 2016, Thomson Reuters announced expansions and relocations to Toronto. [21] As part of cuts and restructuring, in November 2016, Thomson Reuters Corp. eliminated 2,000 jobs worldwide out of its estimated 50,000 employees. [21] On 15 March 2020, Steve Hasker was appointed president and CEO. [22]
On 15 May 2007, the Thomson Corporation reached an agreement with Reuters to combine the two companies, a deal valued at $17.2 billion. On 17 April 2008, the new company was created under the name of Thomson Reuters. The chief executive officer of Thomson Reuters is Jim Smith, and the chairman is David Thomson, formerly of the Thomson Corporation.
“Make training a priority, make exposure a priority, and get that hands-on use of experimentation—I think that will remove quite a bit of the hesitation.”
Incomes Data Services (IDS) was a British research organisation dedicated to employment-related areas.. Acquired by Thomson Reuters in September 2005, it was dedicated to providing original research, analysis and training on pay benchmarking, pay settlements, HR policy and practice, pensions law and practice, and employment law.
Thomson Reuters Messenger is intended for the sharing of information among financial professionals. Thomson Reuters Messenger is available as a stand-alone product or as an embedded component in other Thomson Reuters products. The Messenger community provides direct access to over 140,000 professionals from the world's top financial institutions.
Clarivate [6] was formerly the Intellectual Property and Science division of Thomson Reuters.Before 2008, it was known as Thomson Scientific. [7] In 2016, Thomson Reuters struck a $3.55 billion deal in which they spun it off as an independent company, and sold it to private-equity firms Onex Corporation and Baring Private Equity Asia.
Following the merger of Thomson Financial and Reuters, in April 2008, Lipper became part of Thomson Reuters. [10] In 2018, following over 30 years of mutual fund awards, the Lipper Fund Awards again transferred, from Thomson Reuters to Refinitiv , as part of the Reuters divestiture of its financial and risk unit to U.S. private equity firm, the ...