Number of Thomson Reuters employees worldwide by region 2009-2019

Thomson Reuters’ workforce declined significantly in every region from 2017 to 2018. In 2019, their workforce dropped slighly in Asia region from 5,500 to 5,100 and more sharply in Americas region from 16,800 to 15,800.

Thomson Reuters

The Thomson Reuters Corporation is a multinational mass media and information company headquartered in Toronto, Canada. Outside of professional circles, the company is perhaps most associated with the provision of unaffiliated news content to media outlets under the Reuters name, such stories and photos for publication in newspapers. However, these services constitute a minority of the company’s revenue. The majority of Thomson Reuters’ revenue is generated from the provision of information services to corporations and governments, covering legal, tax and accounting, and policy-making more broadly. Of these services, the provision of legal information to law firms is their largest source of revenue.

Reason for decline in employee numbers

As with their employee numbers, Thomson Reuter’s revenue saw a major decline from 2011 to 2018 and started to recover since 2018. This decline is primarily due to the sale of the company’s stake in their financial and risk division. Formerly this division comprised a majority of the company’s revenue, with the sharp drop in revenue for 2017 reflecting the removal of this division’s revenue from Thomson Reuter’s balance sheet. Despite this loss of gross revenue, the company’s net income has remained relatively unaffected.

Number of Thomson Reuters employees worldwide from 2009 to 2019, by region

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Source

Release date

March 2020

Region

Worldwide

Survey time period

2009 to 2019

Supplementary notes

Figures for 2009 to 2018 come from a previous Thomson Reuters annual report.

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