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February 09, 2004

Journalists Views on Trade to Change?

You've got to wonder if this will shift some reporters' views on trade away from their usual knee-jerk "free trade" position:

Reuters is going a step further. It told its editorial employees in an electronic posting late last week that it planned to hire six journalists in Bangalore, India, to do basic financial reporting on 3,000 small to medium-size American companies...

The reporters in Bangalore will mostly be responsible for extracting basic financial information from company news releases and quarterly earnings reports. Tasks like interviewing a company president, talking to analysts and covering breaking news, will continue to be done by more experienced journalists working in the countries where those companies operate, Mr. Schlesinger said.

While the pilot project is intentionally modest, it is related to a much larger effort, announced by Reuters late last year, that will send about 200 of its data-entry jobs to Bangalore from England and the United States.

As outsourcing penetrates all white collar professions, the politics of trade are going to get more interesting and complicated in workplace discussions throughout the economy-- including apparently in newsrooms as well.

Posted by Nathan at February 9, 2004 08:07 PM