Reuters' U.S. Journalists Withhold Bylines, Credits to Protest Offshoring, Demands for Concessions NEW YORK, Jan. 13 /PRNewswire/ -- U.S. journalists of Reuters Group Plc (Nasdaq: RTRSY; LSE: RTR), working without a contract for nearly two years, are holding a one-day byline strike on Thursday to protest company managers' demands for economic concessions in current contract talks as well as their moves to export editorial jobs to low-wage countries. The job action by more than 350 editorial employees -- members of the Newspaper Guild of New York -- to withhold bylines and credits from their work, came as executives at the company's London headquarters were scheduled to announce "guidance" about the company's first-quarter financial performance. "Our members provide the quality and reliability that the world has come to expect from Reuters," said New York Guild President Barry Lipton. "They are angry at their bosses' disregard for quality as they slash the company's budget, experiment with remote control journalism and refuse to offer workers a fair and decent contract." Reuters became the first major news organization to try to cover Wall Street from India last year when editorial managers started replacing their highly skilled work force in United States and London with cheaper, far less experienced journalists in Bangalore. Reuters CEO Tom Glocer, whose "Fast Forward" cost-cutting program with a goal of cutting 3,000 jobs is in the third and final year, has said the company's Bangalore center eventually will employ 1200 to 1500 workers. The Guild has been told that at least 50 of those jobs will be editorial. Reuters is also proposing to consolidate its London and Washington pictures editing desks in Singapore, where wages are also lower. Members of the Canadian Media Guild, a sister local of the New York Guild which represents journalists at Reuters Canada, have said that they too would withhold bylines on Thursday in solidarity with U.S. Guild members. Leaders of the National Union of Journalists at Reuters in London expressed their "deepest support" for the U.S. action. The Guild, Local 31003 of the Communications Workers of America, represents nearly 500 print, television and still picture journalists, technicians and other employees at Reuters America LLC, the company's main U.S. operating subsidiary. SOURCE Newspaper Guild of New York Copyright © 1996-2005 PR Newswire Association LLC. A United Business Media company.