That this House notes the announcement from media group Thomson Reuters that it plans to axe 140 journalists' jobs of which more than half are located in London and Europe; further notes that Thomson Reuters has failed to consult adequately with staff prior to the announcement despite months of requests and approaches from union representatives; is concerned about the lack of transparency surrounding the merger between Thomsons and Reuters and the absence of a clear and coherent business case outlining such a large number of job cuts; believes that Reuters employees are already working in difficult circumstances after a series of cutbacks; further believes in the importance of high-quality journalism and is anxious that poor conditions, cutbacks, inadequate pay and job uncertainty threatens this provision; and therefore urges the management to enter into meaningful dialogue with the unions representing staff immediately.