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Four Reuters.com staff depart on redundancy terms

At least four people have decided to leave Reuters following the closure of its next-generation website Reuters Next, killed off last month as part of a cost-cutting programme.

“It is with more than a tinge of sorrow that I want to give details of changes coming our way at reuters.com associated with the discontinuation of the Reuters Next project,” the site’s US managing editor Brian Tracey wrote in a memo obtained by website Capital. ‘Megan McCarthy, Colin McDonald, John Peabody and Chad Matlin (from the Opinion team) have decided to part ways with the company beginning next month.’

“One source called these four ‘the buyout takers’. The company had previously indicated it plans to eliminate seven union jobs as a result of the Reuters Next termination.

“According to our source, that leaves a rather slim crew devoted to reuters.com, which is now being revamped on a less grandiose scale than what had been planned with Reuters Next,” Capital said. “The remaining New York-based reuters.com team includes newly-minted executive editor Dan Colarusso.”

 

PHOTO: Top story on Reuters Next today. ■

SOURCE
Capital