Thomson Reuters will this week announce plans to axe up to 2,500 jobs, according to the Observer.
The paper says the at the newly merged global news agency is looking to save £375m over the next three years, with analysts predicting five per cent of the workforce could be laid off because of overlaps between the two firms.
Email pged@pressgazette.co.uk to point out mistakes, provide story tips or send in a letter for publication on our "Letters Page" blog
