![Refinitiv cuts 2,000 jobs after Blackstone takeover](https://s.wsj.net/public/resources/images/FN-AF447_fn_dat_M_20181127113948.jpg)
Refinitiv, the financial data and trading company, is in the process of cutting around 2,000 jobs after its takeover by Blackstone, the large private equity group.
The group is looking to strip out $650m of costs in a bid to reshape and compete better with rival Bloomberg amid a growing demand for data from banks and fund managers.