Topics regarding layoffs at Thomson Reuters

Topics regarding layoffs at Thomson Reuters

Is everybody having trouble finding a new job?

I see somebody posted here they were not able to find a new job yet, and I know two more people recently laid off by Thomson Reuters who are still looking. This is starting to worry me - I honestly thought job market was really good right now and... — read more 

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| 2020 views | | 9 replies (last April 24, 2019)
Post ID: @OP+YD3yvOt

They forget….

They forget that all the loyal , skilled employees they treat like dirt and chuck out with the garbage may have influence at next employer and steer them away from TR products and services. Personally this happens to me years ago. I knew the inside... — read more 

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| 2950 views | | 2 replies (last April 17, 2019)
Post ID: @OP+YB2rPX0

Massive TR layoffs

Laid off in December, had to go on unemployment recently because I have still to find the right job. TR as a whole, thinks drastic change is always for the better (not true), and does not value their knowledgeable & loyal employees in the way that... — read more 

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| 4070 views | | 11 replies (last April 18, 2019)
Post ID: @OP+YBbVSr4

Corporate all hands call...

What are your thoughts on Pee-ott and the corporate all hands call? Did he seem to be hiding the numbers?

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| 1650 views | | 3 replies (last April 14, 2019)
Post ID: @OP+Yy6ZRbV

Look, layoffs and re-orgs are an annual thing at TR

Take this with a pile of salt, but maybe it'll help. Look, layoffs and re-orgs are an annual thing at TR, as the brass keeps changing its mind about where it wants to go. Right now the company is led by software fetishists who want TR to be a... — read more 

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| 2360 views | | 4 replies (last April 18, 2019)
Post ID: @OP+YvKl1IB

How worried are you about layoffs at Thomson Reuters??

How worried are you about layoffs at TR? How long have you been with the firm? I joined Dec 2018 and I am s**t scared. It’s also hard to look for another job just after 5 months, hiring managers are judgemental. I selfishly wish TR doesn’t lay-off... — read more 

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| 2310 views | | 4 replies (last April 11, 2019)
Post ID: @OP+Yu5Q3aW

Hub video Brian Peccarelli on OHI pulse results

He noted a lot of the "gripes" were about greater job role clarity. Legal professionals are the most unhappy sector at TR. Well no kidding. He said the solution is to work on a training program for employees on how to work in the new environment to... — read more 

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| 2210 views | | 8 replies (last April 19, 2019)
Post ID: @OP+YuYAMQG

What’s next on chopping block?

With F&R gone, what’s next - Legal and Corprorates which have been growing very slow, similar to F&R, or TA, which is growing at high rate? Even Corporate has overlap between Legal and TA products.

Joining Thomson Reuters in Canada, any advice?

I am joining Thomson Reuters in Canada. Salary is very good for Canadian standards. All the layoff posts are scary and have me worried. Any advice on how to avoid layoffs? Does high salary automatically puts you into layoff bucket?

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| 2910 views | | 9 replies (last April 14, 2019)
Post ID: @OP+YspFMeW

Love this exchange

On the Hub discussion about improving the employee experience, one employee wrote: "All the work that needed to be done before we restructured still needs to be done." In response, the employee was told: "I have to disagree...we have to be brutal... — read more 

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| 2520 views | | 6 replies (last April 4, 2019)
Post ID: @OP+YjLyCiG

Good point

I don’t know anybody who is laid off who thinks that they were lucky. However, if you are north of 60 nobody guarantees you any employment past 65 or 66 so look at this way; you had a nice long career, you worked in a company that used to be great... — read more 

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| 1750 views | | 5 replies (last March 31, 2019)
Post ID: @OP+YijgGEa

There is no future at Thomson Reuters

I think everybody can see by now that nobody can count on anything long term at Thomson Reuters. Management has decided that layoffs are the only way to deal with mounting problems, and since that never solves anything,. we'll be stuck in this circle... — read more 

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| 2000 views | | 5 replies (last April 1, 2019)
Post ID: @OP+YiJm6lB

Offered a tech role in Toronto, should I take it?

Got an offer for tech role in Toronto. But this post has me worried - https://www.cnn.com/2018/12/04/media/reuters-layoffs/index.html I have also heard that if your salary is high then you can be laid off. Reading through all the Thomson Reuters... — read more 

I might be lucky after all

As someone who got laid off in December and is still having problems finding a job (although I have to qualify that by saying I'm north of 60, which could be part of the problem), there are days I disagree with the "lucky" tag. Then I talk to my... — read more 

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| 2200 views | | 4 replies (last April 12, 2019)
Post ID: @OP+YhfuJCA

Unused PTO

Not going to ask HR this so thought I’d come here. Planning for my departure in the future and wondering if TR pays for unused PTO when you quit?

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| 1410 views | | 9 replies (last April 12, 2019)
Post ID: @OP+YhHrFO5

Thomson Reuters exit opportunities

As people leave and layoffs happen, where are people going? How are the exit opportunities? I am in my mid 30s and I have been having hard time exiting TR. I am not getting interviews at tech companies. Finding new job has become my full-time job... — read more 

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| 1833 views | | 4 replies (last April 13, 2019)
Post ID: @OP+YhBQj2I

Not a good place to work

Even when layoffs are not a constant threat - which, lets face it, is nearly never - the working environment at Thomson Reuters is so toxic that stress and anxiety have become synonyms with being employed here. Bosses treat employees like c-ap, more... — read more 

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| 1850 views | | 3 replies (last March 27, 2019)
Post ID: @OP+YhAPoAk

TR laying off 3200

TR says it has already notified all impacted 3200 employees. How much of it is true? Does it mean remaining are safe? If impacted employees have been informed, why wait until 2020 to lay them off? Something doesn't add up.

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| 2500 views | | 8 replies (last April 10, 2019)
Post ID: @OP+YgAoBhV

Pension payouts

I read that changes have been made that make it easier for companies to offer pension payouts. Do you the TR will go this route?

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| 2280 views | | 9 replies (last March 27, 2019)
Post ID: @OP+Yc268dQ

Survey

The Organizational Health Index pulse survey deadline was a month ago. What do you think the chances are we'll hear about the results? They can't be good.

LMS all hands on 3/20

Did anyone attend or hear what happened? We were told it would be comminicated to us.

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| 1980 views | | 3 replies (last March 23, 2019)
Post ID: @OP+YaADVyn

Even health care providers know how bad it is

I saw a doctor today who sympathized with me and the Thomson situation. She has a friend who left a few years ago. She totally understands how miserable it is working there now. So even people on the street as it were know what's going on. The Jig Is... — read more 

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| 2450 views | | 8 replies (last March 20, 2019)
Post ID: @OP+Y8WcyFS

Flattened organization

We were told the new "flattened" organization would make things simpler Am I the only one finding it more complicated? My new manager has no time because he has so many people reporting to him. It's impossible to get answers and he has no idea what... — read more 

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| 2110 views | | 7 replies (last March 18, 2019)
Post ID: @OP+Y5o1QDN

Copyeditor, not Ecitor

My position as Director was eliminated as of 12/31/18 after almost 30 years with TR, back to the WG&L days. Just before I left, to help with a year-end deadline crunch and transition, I reviewed a journal article edited by a lower-level editor with... — read more 

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| 1830 views | | 5 replies (last March 19, 2019)
Post ID: @OP+Y5I1Bpz

Why hiring new people when layoffs are happening?

Toronto and Dallas are hiring across functions in Legal and Corporate yet the same divisions laid off people a few weeks ago. What’s happening? If the new hires were fresh college grads, would have understood why. They are hiring experienced folks... — read more 

Any chance more voluntary buyouts will be offered?

I wish my team was among those who received the VSP option - I'd jump on that opportunity in a flash. I'm hoping more will be offered in the following weeks or even months. Do we have any indications that this might actually happen? That Thomson... — read more 

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| 2120 views | | 6 replies (last March 28, 2019)
Post ID: @OP+Y4XWRHL

Canadian Housing Bubble WAS The Economy, and it has Popped.

Housing/Construction and related industries make up about 20% of Canadian GDP, which is off the chart too high, making for a very unstable economy. Economies should be driven by real industries, not housing bubbles. Canada has already entered a... — read more 

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| 1100 views | | no replies yet
Post ID: @OP+XZp00U4

Voluntary Separation Program (VSP)

Voluntary “buyouts” announced for Hoboken and Dallas employees today. They need 5 employees from each location to accept the package. Last day would be May 31st. You get two weeks pay for every year worked paid out on your bi-weekly on the regular... — read more 

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| 3940 views | | 23 replies (last March 14, 2019)
Post ID: @OP+XXYTtyE

Future of TR leadership and bonuses

Saw this: https://www.bizjournals.com/southflorida/news/2019/02/21/thomson-reuters-ceo-smith-buys-second-condo-at.html Does this mean that employee bonuses will also be higher this year? Is JS setting up for retirement? Who will be his successor? I... — read more 

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| 2380 views | | 7 replies (last March 1, 2019)
Post ID: @OP+XKxvsmA

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