Just when I think we are done, I hear about another place being hit with layoffs. I'm now at a point where I'm mentally preparing myself for everyday layoffs being a part of our reality for good. I think it's really sad that this is how low the... — read more
Layoffs announced in Canada Scarborough office
Almost 80% IT staff has been told that their last day is Mar31 except for those who will be employed by TCS. They are showing this as a favor that enough notice is given but actually all this is being done to give enough time for transition to an... — read more
Transfer of Tax to Texas
A while back, there was a rumor that TR planned to move all NY tax editorial work to Texas. Instead, TR moved its NYC tax editors from to Hoboken. When is lease up in Hoboken?
Got riffed now can’t access 2019 benefits. Am I only one?
I tried to reset the password with my birthdate and it can’t find my I’d anymore.probably because I was riffed.called multiple times and got promises to send new password but no help.
TR announces share consolidation
As the article states Thomson Reuters announced the consolidation of its shares at a rate of 1 pre-consolidation share for 0.9079 post-consolidation share. with this move, TR plans to achieve a return of capital in the amount of $2.3 billion. The... — read more
So are layoffs done in Tax & Accounting?
Have layoffs been completed for Tax Professionals? Can we breathe again?
Unethical/illegal activity at TR?
Knowledge of fraudulent accounting practices. Post what you know or heard about unethical and/or illegal activities taking place at TR by management.
"No Raises Next Year"
Anyone who thinks worst case scenario is "No raises" is in their own little world of make believe. Here's reality Dorothy, many of you will be very lucky if you make It through 2019 with a job, nevermind a raise. How can anyone watch the bloodbath at... — read more
Numbers laid off?
So how many Thomson Reuters employees so far have been sacked in the recent purge?
When will it end?
It might be nice to have some non-vague communication. Of course, TR is what it is, and why it is where it is.
Carlsbad office closed
The Carlsbad office was closed today.
Sounds familiar?
Found on another page, but I had to share. I think everybody will realize why by the end of it. A Japanese company and a North American company decided to have a canoe race on the St. Lawrence River. Both teams practiced long and hard to reach their... — read more
Corporates dept is big s--- up to accounting firms
Company has grown a certified implementer program where they promote accounting firms. There's some good people in this group at TR who also add value, but there's a lot that are nothing more than glorified butt kissers. This is one of the many... — read more
Lausanne Billing office hit badly
Switzerland: ~110 employees out of 180 to leave the office in Lausanne by May 19. That’s where the billing is done. Even though it was a Refinitiv place, they are under TSA for 2 years. Yeah, TR transferred all its European billing to Refin., then... — read more
The possible outcomes
Seeing the playbook TR has followed for years it is more likely it sells something like LMS, Findlaw, Print, TRSS, Clear or any other easy carve out operation to a strategic (Big 4 / Lexis). The sale of a large BU (Healthcare, IP&S, F&R, etc.) would... — read more
New FindLaw Job Postings Reference Refinitive
Anyone else notice this?
The cuts in Canada are not over
Tax Canada is done, apparently next week we hear is Marketing Canada next week and Media and then Sales in Jan 2019. Tax Canada was hit pretty hard , one person could have been let go and they would have been fine but four gone is too many, people... — read more
RUMORS ABOUT SALE OF TR LEGAL?
if you have heard anything, please post.
Here’s what will happen to the Rochester property
Thought this was an interesting article. Now that it’s clear that the Rochester office will be definitely shut down in September, this article sums up the possibilities of what will happen to the vacant property in Rochester, after the office space... — read more
Our customer-centric organization
Did you know that the new Thomson Reuters will be so customer-centered that the customers are going to have to do everything themselves while paying a premium? By the time the bleeding stops, there will be no one left who knows product and process!
What's there to be thankful for?
Thomson Reuters really killed any enjoyment I might have gotten from this Thanksgiving. I can't just stop stressing on command. I hate that this is affecting me so much that it will ruin one of my favorite holidays for me, but I just can't escape it... — read more
Product management and support cut in Ann Arbor. Who is next?
I can confirm that product management and support have been cut in Ann Arbor. The social selling team is history. Of course, they cut them right after Synergy. Next on the chopping block is sales and marketing. There is going to be significant... — read more
Ruin Thanksgiving in Four Words
Ruin Thanksgiving in Four Words _ ___
Change is a constant
Thomson Reuters just tweeted this out 10 minutes ago: Change in the workplace is a constant, learn to use it as an opportunity to benefit yourself and your organization or get run over by it. https://tmsnrt.rs/2AcqEOu
Lay off In TaxCanada
4 people laid off in ax Canada 3 visible minorities and 1 whit person, that leaves 1 visible minority in the department - you could talk about Diversity all day but in the end minorities are the ones to go first because all of the... — read more
304 employees to be affected by the Rochester Layoffs
In a notice that was filed with the New York State Labour Department the company formally stated that 304 employees are going to be laid off. Can we take these numbers as final, given that they were mentioned in an official filing, or can we expect... — read more
Corporate all hands
Head of corporate P iotr holding all hands call now. Why does he say “listen” in a condescending tone so much.
How is reorg impacting talent recruiting?
How is the reorg impacting talent recruiting efforts and the talent pipeline? Heard that offers were rescinded to a new crop of grads but it may just be a rumor. Does anyone know?
Laid off
I was given notice that my job will not longer be available as of November 30, but that is b---s--- as it will now be given to someone much younger. Here is a story about Thomson reuters, when I was hired the manager offered me a certain amount of... — read more
Any assistance for those laid off?
Does Thomson Reuters offer any kind of assistance for those laid off? I'm not talking about severance, but something like work counseling or something similar?
Thomson Reuters Legal to be sold in 2020?
My bet is that legal will be sold in 2020. Streamline costs and appear to be more profitable in 2019 and sell in 2020. Someone posted below on another thread and it’s the most logical post I’ve seen on this site. “Thomson Reuters Legal (TRL) is now... — read more
Why do the “leads” say they are “so excited” about reorg?
On the Hub, I’ve seen the “leads” post that they are “so excited” about TR after the reorg is complete or something to that effect. Why are they so excited? Because they know their jobs are safe?
Next cuts- week of Dec 3rd
Don’t feel safe just yet. There are still cuts to be made.
Thomson Rueters stock at all time high
And they layoff to keep it that way. Thomson family still one of the richest in Canada. Strange that Reuters limited the reporting of the Thomson Reuters mass layoffs. Instead, Reuters was busy coverung an Apple supplier’s limited guidance... — read more
Reuters story didn't even mention cost cuts!
https://www.reuters.com/article/us-thomsonreuters-results/thomson-reuters-eyes-multiple-purchases-after-blackstone-deal-idUSKCN1NB1HY If the journalists completely missed it, there's an issue with competence. If the journalists didn't think it was... — read more
Management being deceptive
Someone else posted about management being deceptive regarding the layoffs but that post was deleted for some reason Someone posted Piotr being deceptive and condescending. Thoughts on him and others?
legal all hands on monday nov 19
gorter is hosting a webex all hands for legal. not sure if it's just mps or what so that's a thing that we're all dreading after rochester. invite came across around late friday morning "last minute" all hands the monday before thanksgiving in this... — read more
1/3 reduction in “management” and 1/3 reduction in sites
I went back and listened to the Q3 Earnings call and the reductions happening now are definitely explicitly stated, although exactly where/who isn’t clear. Prior to this, I think employees were encouraged to listen to earnings calls, but I’m thinking... — read more