Thomson Reuters plans to cut about 2,500 jobs or 4 percent of its workforce this year. The layoffs are coming as the company continues to grapple with the turn around its financial services business and most of the $100 million in estimated severance will come in that area. Meanwhile, the company reported a 6-percent decline in operating profit on a 3-percent revenue for its tax and accounting business for the fourth quarter ended December 31 with organic revenue for the segment up by 1 percent. Read more...