Topics regarding layoffs at Thomson Reuters

Topics regarding layoffs at Thomson Reuters

Just when I think we are done

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 

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| 1631 views | | 2 replies (last November 29, 2018)
Post ID: @OP+WnooIC5

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 

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| 2561 views | | 12 replies (last December 1, 2018)
Post ID: @OP+WnuWxRN

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?

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| 1570 views | | 7 replies (last November 30, 2018)
Post ID: @OP+Wnfl7cn

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 

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| 1260 views | | 1 reply (November 28, 2018)
Post ID: @OP+Wm3WKR6

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.

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| 3020 views | | 16 replies (last December 3, 2018)
Post ID: @OP+WmQhryX

"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 

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| 2740 views | | 7 replies (last November 29, 2018)
Post ID: @OP+WmYgROt

Numbers laid off?

So how many Thomson Reuters employees so far have been sacked in the recent purge?

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| 2250 views | | 4 replies (last November 29, 2018)
Post ID: @OP+WmrPMgO

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.

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| 1860 views | | 4 replies (last November 28, 2018)
Post ID: @OP+WlBd9Zn

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 

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| 2300 views | | 9 replies (last November 29, 2018)
Post ID: @OP+Wl8N5So

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 

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| 1442 views | | 2 replies (last November 27, 2018)
Post ID: @OP+WliVS2x

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 

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| 1470 views | | 3 replies (last November 28, 2018)
Post ID: @OP+Wl4MApT

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 

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| 2390 views | | 6 replies (last November 27, 2018)
Post ID: @OP+Wkcc23J

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 

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| 2040 views | | 6 replies (last November 28, 2018)
Post ID: @OP+WiiH2QL

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 

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| 1522 views | | no replies yet
Post ID: @OP+Wg5whIr

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!

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| 1700 views | | 2 replies (last November 22, 2018)
Post ID: @OP+Wgxgg2d

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 

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| 2460 views | | 8 replies (last November 28, 2018)
Post ID: @OP+Wfj3xVT

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 

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| 1900 views | | 10 replies (last November 22, 2018)
Post ID: @OP+Wes6FZJ

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 

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| 1543 views | | 2 replies (last November 21, 2018)
Post ID: @OP+We6N5wH

Corporate all hands

Head of corporate P iotr holding all hands call now. Why does he say “listen” in a condescending tone so much.

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| 3080 views | | 14 replies (last November 22, 2018)
Post ID: @OP+WeLdnyI

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?

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| 1150 views | | 1 reply (November 20, 2018)
Post ID: @OP+WekaR7b

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 

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| 3370 views | | 11 replies (last November 21, 2018)
Post ID: @OP+WeXJv1E

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?

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| 2250 views | | 6 replies (last November 28, 2018)
Post ID: @OP+WdlG4Th

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 

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| 4760 views | | 8 replies (last November 22, 2018)
Post ID: @OP+WddvKMB

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 

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| 1780 views | | 5 replies (last November 17, 2018)
Post ID: @OP+WbHKLkA

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 

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| 1950 views | | 10 replies (last November 19, 2018)
Post ID: @OP+WbjXGUh

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?

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| 2260 views | | 8 replies (last November 17, 2018)
Post ID: @OP+WbxcZuY

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 

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| 4180 views | | 19 replies (last November 22, 2018)
Post ID: @OP+WbcwEB0

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