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Thomson Reuters cutting 2,500 jobs

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Thomson Reuters cutting 2,500 jobs

Jim Smith President and CEO Thomson Reuters attends the annual meeting of WEF in Davos January 24, 2013. (REUTERS/Denis Balibouse)

Thomson Reuters Corp. expects net sales in financial & risk to turn positive in the second half of 2013.

The company also announced it expects to cut 2,500 jobs or about 4 % in 2013.