Reuters recognizes own failures

From The Guardian:

Union officials at Reuters have called a meeting for today that will discuss a senior editor’s memo that outlined the media and information company’s “terrible quality problems”.

In a memo that has led to comparisons with former jeweller Gerald Ratner – who famously described his own company’s product as “crap” – Reuters’ global managing editor David Schlesinger wrote: “Our news is perceived as not having enough insight. Our data is perceived as having terrible quality problems.”

HR readers will remember Schlesinger for his other candid admission that Reuters appeases terrorists through the news outlet’s choice of language.

Reuters was the ignominous winner of the 2003 Dishonest Reporting ‘Award’.