Topics regarding layoffs at Thomson Reuters

Topics regarding layoffs at Thomson Reuters

I couldn't believe it was like this

When I applied here, I knew it would take a lot of work and proving myself. However, I couldn’t have imagined that TR was squeezing its employees this much. Of course, only those with a lack of self-confidence who think they don't deserve anything... — read more 

Better pay

I managed to get an offer with 30 percent higher pay, but unfortunately, there was something else I didn't like about it. However, it is only now that I am realizing how much I am underpaid here. I'm interested in how much higher pay did you get in... — read more 

1350 Open Roles

It’s been 2 weeks since I posted last and the openings continue to climb. Just can’t seem to find people at bargain basement pay rates. Also remote positions still do NOT show pay range. April is fast approaching so all portions in NYC will need to... — read more 

Growing dissatisfaction

The customers are becoming very dissatisfied, which is not a good thing. My question though is who is becoming more dissatisfied here, the employees or the customers?

Bonus on notice period?

if I give my two week notice so that the bonus day falls in my notice time, are there any possibilities of TR cutting my bonus? I think our employment agreements just say that we need to be employed by the time of bonus and for this year I think it’s... — read more 

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| 2710 views | | 8 replies (last March 3, 2022)
Post ID: @OP+1fvBHmek

Nervous...

I'm so nervous about getting laid off. My boss gave me a partial achieved even though I had good feedback from my peers and business partners. I just heard a rumor last week that it means I won't get bonus and will probably get notified in March. Can... — read more 

Leaving after 10 years

Have finally made decision that it’s not going to get any better. TAP is a complete disaster. Tons of open roles, and when they can fill an opening, they are hiring outside with no experience required. Large customers very upset already, only going... — read more 

Decision-making skill

It is pretty clear that the leadership of the TR are not great decision-makers. I'm just interested in how they make decisions, what does it look like? It seems to me that they are actually experimenting, that is, that decision-making is not... — read more 

Reason to leave:

Company future days are counted since there is no one vision just bunch of new ideas every time new ceo comes online. Pay is low and increases are non existing if you compare to inflation. Benefits have been suffering over the past years with... — read more 

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| 1810 views | | 2 replies (last February 24, 2022)
Post ID: @OP+1frjxmAL

Total chaos and disorganization

TR acquired too many other companies with no strategy on what to do with them. Then, engaged in mass layoffs and hiring freezes. It's total chaos and disorganization. Perfect description of what happened to TR. It all boils down to incompetent... — read more 

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| 2013 views | | 1 reply (February 19, 2022)
Post ID: @OP+1flVDG0j

1334 Open Roles

That is over a 100 more open roles then last time I posted about it. Hmmm seems like they are having trouble filling these. Wonder why?

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| 1780 views | | 5 replies (last March 3, 2022)
Post ID: @OP+1flmtTLQ

How did TR fall into identity crisis?

Just as someone wrote, this company has an identity crisis. The only question is whether this identity crisis will be resolved before it is too late, and I am also interested in how this company got to that stage in the first place.

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| 2220 views | | 9 replies (last February 23, 2022)
Post ID: @OP+1fkxZ84S

Inflation equals more profit

At ASM that is what was said. The open session for legal said with inflation will come more profit. Nothing about passing that on to employees in the form of compensation. Just costs are going up so we should, no we “must” increase our prices too. — read more 

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| 1760 views | | 5 replies (last February 15, 2022)
Post ID: @OP+1fiKR3Mw

Anyone here in Practical Law?

I know a little bit about this company's history and am considering an opportunity with this team. But some of the comments on here make me nervous. Are there any areas of growth at this company, or is it all going downhill fast?

Insider trading alert

Interesting that KR, BP and more selling many of their shares Makes you think change program is a cover for KR and team to suck all the $$ out or TR that they can, then leave their mess behind. Thomson Reuters investors should be wary... — read more 

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| 2130 views | | 3 replies (last February 12, 2022)
Post ID: @OP+1ffgPtG5

Get out while you can

This place is really getting comical. I’m here 20 years and have never seen it so bad. Literally ever person I talk to in TAP is looking. (At least in sales). The market is hot…….as soon as someone gets the right opportunity, they are jumping ship... — read more 

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| 2900 views | | 8 replies (last February 15, 2022)
Post ID: @OP+1ff8brzX

Open roles

Some roles have been open for months. What is going on? Is TR really unable to find suitable candidates or is no one capable wanting to come and work here anymore? I don’t remember ever having any position open as long as it now.

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| 2630 views | | 9 replies (last February 13, 2022)
Post ID: @OP+1f7EUhNR

"It's the fault of..." messages

"...the vaccinated, the unvaccinated, the masked, the unmasked" etc. If you're serious, these messages are id--tic. If you're not, they're not funny. Either way, enough.

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| 1740 views | | 7 replies (last February 3, 2022)
Post ID: @OP+1f5MVwFc

No one is mentioning layoffs

There are many open positions that have not been filled yet. Also people are leaving. Does that mean we are safe from the cuts for a while longer?

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| 1940 views | | 4 replies (last February 21, 2022)
Post ID: @OP+1f4Gsxc9

Constant chaos

After the last townhall I sent a bunch of applications. I don't want to wait for better days anymore. Everyone should run when they have a chance. I hoped in vain that things here would improve a little. However, it seems that this chaos can only... — read more 

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| 1681 views | | 1 reply (February 1, 2022)
Post ID: @OP+1f4i9bTn

Did people get let go for no vaccine?

At the end of last year, there was a bunch of stir about having to be fully vax or an approved exemption or your gonna be put on leave of absence. Did that ever happen to folks? Just asking because I was fully vaccinated and still got pretty sick... — read more 

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| 2580 views | | 9 replies (last February 1, 2022)
Post ID: @OP+1f1dUSBS

Throwing employees under the bus

Has anyone seen the new severance package? Yes, they snuck it in under the employee radar because it has drastic cuts to severance. Management (I can no longer say leadership) Is downright bullying employees in hope that they will quit and therefore... — read more 

All Hands Townhall

Well, that was 1 hour of absolute cringe. If anything, they'd inspire people to follow our TAP colleagues and leave this sinking ship. Do they really believe people are inspired by their propaganda of fake anecdotes? Hilarious.

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| 2400 views | | 7 replies (last January 29, 2022)
Post ID: @OP+1f0mevat

Another McKinsey success!

https://www.vice.com/en/article/n7n3gm/peloton-is-imploding-and-leadership-wants-workers-to-take-the-fall-for-them

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| 2040 views | | 4 replies (last January 21, 2022)
Post ID: @OP+1eUkjjvB

Why am I no longer trying to achieve good performance?

When someone asks me why I'm demotivated and only work the bare minimum, I tell them this: Whoever said the company hasn't told managers to give a certain number of "partially achieved" ratings regardless of performance is absolutely lying. I... — read more 

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| 3250 views | | 7 replies (last January 21, 2022)
Post ID: @OP+1eN1eTap

TR - Glassdoor Best Place to Work?

I was surprised to see that TR was considered a Best Place to Work by Glassdoor. Things must have improved significantly since I left. Glad to see this for my former colleagues still at TR.

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| 2730 views | | 9 replies (last February 14, 2022)
Post ID: @OP+1eMFbyvS

Morale at all time low

Worker morale is at all time low. Leadership is largely silent. Many workers in the US have been eliminated and replaced with low cost workers in Mexico, Philippines, and India. Support resources have been eliminated. “Do more (work) with less... — read more 

TAP or is it ATP town hall tomorrow

Kool and the Gang Q1 town hall. EB will be super excited, will BP and his jazz band make a surprise appearance? Will the 3rd Baron of Fleet make an appearance to recognize BP for all his great accomplishments? To rephrase Kris Kristofferson, “Tuesday... — read more 

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| 2110 views | | 3 replies (last January 12, 2022)
Post ID: @OP+1eKaIJAj

Why are you still working hard?

Many know that hard work here means nothing anymore, but they still do their best. Why is that? I have a friend who was one of the best employees this company's had and guess what? This company decided they didn't need him.

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| 2030 views | | 6 replies (last January 12, 2022)
Post ID: @OP+1eJANocq

No more extra work for free

They simply won't stop overloading me. I have more work to do every week. So far, I have done extra work for free, but I do not intend to further endanger my health and do extra work for free anymore. Admittedly, I would have preferred to have... — read more 

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| 1650 views | | 3 replies (last January 12, 2022)
Post ID: @OP+1eJHd1yj

Newest Remote Listings Starting To Indicate Pay

What weird timing. I just checked and some of the newer open remote positions are starting to show pay range. The old ones don’t. Interesting that after the post about the violation and we start to see listings with comp. The comp is buried at the... — read more 

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| 1720 views | | no replies yet
Post ID: @OP+1eIgUubK

Did anybody else notice

That they stopped answering all the town hall questions. For a short period of time last year they did follow up emails with questions and answers. Those all seemed to have stopped. I thought this company was all about transparency. Must just be... — read more 

Unused time off

Was anybody else unable to use their time off in 2021 due to deadlines, lack of resources and no backup? With the "use it or lose it" policy, TR wins by making people work when they are supposed to be off and not paying for the PTO.

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| 1980 views | | 9 replies (last January 10, 2022)
Post ID: @OP+1eGyTJBH

No clear direction or strategy

If I did my job as poorly as this ELT is doing theirs, I'd have been fired a long time ago. Yet they remain in their positions with huge pay and fat bonuses intact. TR has no direction, no strategy. We have no idea where we'll be next year, let alone... — read more 

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| 2390 views | | 6 replies (last February 21, 2022)
Post ID: @OP+1ey6Pku1

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