Reuters cuts

The problem with all of this is that this discussion [Reuters cuts around 5% across editorial] is cyclical, and predictable. There isn’t exactly a Moore’s Law that applies, but every few years the pendulum swings from one strategy to the other, and then back again. What happens during these staring matches (someone blinks and leaves or gets fired) is that nobody is looking the other way - to see exactly why Bloomberg was possible, how proprietary terminals were doomed, when everything was going mobile. Reuters discussions are entirely about the basics, and trite. Reuters doesn’t need to get back to basics. It needs to move beyond them. Oh, wait - that was the meme 20 years ago. ■