Thomson Company's predecessor was Timmins Press, a local newspaper acquired by Roy Thomson of Canada on 1934. On 1959, it acquired Kemsley Group, a British listed company, and merged it into Scottish TV and The Scotsman.
In 1960s, Thomson expanded the publishing field, established Thomson Publishing UK Company and acquired The Times of London. From 65438 to 0978, Thomson reorganized British financial business and established Thomson International Limited. 1989, Thomson Newspaper Group and Thomson International Group merged to form Thomson Company. Since then, the company has gradually withdrawn from oil and gas development, tourism and department stores.
In the mid-1990s, Thomson began to further invest in professional information services. 1996 successfully acquired the western publishing company, marking the first step towards an information service provider.
On May 15, 2007, Thomson Company and Reuters announced the merger plan, and woodbridge (Thomson family business) held 53% of the shares of the new company. On April 17, 2008, Thomson Company and Reuters formally merged, and Thomson Reuters was born.
Thomson Reuters Group announced on October 29th, 2065438+2003/kloc-0 that it will lay off 3,000 people worldwide, accounting for 5% of the total number of employees, in order to reduce costs, improve profit margins and better meet customer requirements. James smith, CEO, said that the layoffs were in line with the company's strategy of "reducing costs and operational complexity" and catering to the market.