Topics regarding layoffs at Thomson Reuters

Topics regarding layoffs at Thomson Reuters

Ann Arbor office: Check-In

For those of you in Ann Arbor, what’s been happening there? There’s a thread on Carrollton and the changes there. I’ve worked with several people in Ann Arbor - can we get a status update?

by
| 2960 views | | 11 replies (last November 21, 2018)
Post ID: @OP+WanG7rZ

Voluntary Layoffs

What would be the best way to request to be laid off...or isn’t there one?

by
| 2220 views | | 12 replies (last November 17, 2018)
Post ID: @OP+WarA5yy

Replacing older workers with cheap millennials

I see this happening more and more. The company no longer cares about quality. No matter how many years of experience you have that insures you'd do your job better than somebody right out of school, you are not safe. The only thing that matters is... — read more 

by
| 2830 views | | 13 replies (last November 19, 2018)
Post ID: @OP+Wa6SCDj

Age discrimination???

The two people let go from my team today were both oldest in age. Is anyone else observing this????

by
| 2020 views | | 4 replies (last November 24, 2018)
Post ID: @OP+Wavy1JK

Carrollton

Heard layoffs happened here in Carrollton today mostly in building D and E not sure the teams that are down their

by
| 3200 views | | 13 replies (last November 16, 2018)
Post ID: @OP+W9NXkF8

The talented: How can we help each other.

As one of the highly talented people caught up in these layoffs, how can we find a productive way to help each other? The one thing that impressed me so much over the years is how many smart people were working for the company. Could we start a... — read more 

by
| 1920 views | | 2 replies (last November 16, 2018)
Post ID: @OP+W9THPVf

Announcement

Managers and directors are communicating lay offs today to other team members

by
| 3750 views | | 9 replies (last November 16, 2018)
Post ID: @OP+W9O64vy

more layoffs coming

Expect more layoffs through the end of year. Layoffs will resume in Jan. and will continue through June.

by
| 3120 views | | 11 replies (last November 19, 2018)
Post ID: @OP+W9o0V4N

What is the direction this ship is headed in?

I am more surprised by the apparent indiscriminate vastness of it. So many people in nearly every position. What this “reset” means for the future. No communication of the vision. What does it look like for all of our different products and solutions... — read more 

by
| 2320 views | | 5 replies (last November 15, 2018)
Post ID: @OP+W9XRlxg

Is Rochester the only location closing?

The company is refusing to provide any details about the closing to anybody, media included, that it has me worried Rochester is only an intro into something much more substantial. I just can't figure out if it's even more layoffs or even more... — read more 

by
| 2860 views | | 12 replies (last November 17, 2018)
Post ID: @OP+W900wiA

TR preparing to sell Legal business?

This article asks if the string of layoffs and office closings might indicate preparatons to sell the Legal businsess... https://www.deweybstrategic.com/2018/11/widespread-layoffs-thomson-reuters-legal-office-closings-follow.html

by
| 2980 views | | 8 replies (last November 16, 2018)
Post ID: @OP+W96rYzS

The "hub" communication

Why do we get so many details and facts to the true happenings of the TR organization changes on this website instead of the company approved communication site? Leaders keep talking about how the organization will be leaner and flatter but never... — read more 

by
| 2810 views | | 16 replies (last November 15, 2018)
Post ID: @OP+W9v3lOE

TR names the new president of Reuters News

TR stated in an official press release that it has appointed the new president of Reuters news and media operations. According to the release, the new president will take office on December 3rd. All the details about this new appointment are in the... — read more 

by
| 1730 views | | 6 replies (last November 15, 2018)
Post ID: @OP+W86IBL4

A sad way to handle layoffs

It's sad that senior management would handle lay offs this way. They don't seem to recognize that people talk and information leaks out. They've completely lost control of the conversation and fostered an atmosphere of dread that will have an impact... — read more 

by
| 3360 views | | 7 replies (last November 15, 2018)
Post ID: @OP+W8LFRSW

Any word on Ann Arbor?

We’ve heard rumblings of cuts that happened earlier this week, but leadership hasn’t said anything.

by
| 1340 views | | 3 replies (last November 15, 2018)
Post ID: @OP+W8uEa62

Eagan layoffs today

I’m hearing that layoffs are once again hitting Eagan today, including in Legal sales / client management. Anyone else heard first hand?

by
| 4170 views | | 21 replies (last November 15, 2018)
Post ID: @OP+W8m79Bm

Layoffs start in 90 days

Rochester is about 500 workers. Layoffs begin in 90 days and extend into spring of next year. Many won't depart until late March 2019. They have put the office space up for sale. The layoffs are staggered because of the many thousands of workers... — read more 

by
| 2120 views | | 4 replies (last November 14, 2018)
Post ID: @OP+W8qo6SZ

Right before Chrismas

Its prime time for layoffs right before Christmas (and yeah thats what time of year is coming- not “holidays”). Anyway, typical for TR/repukativ to lay off people at this time. Before financial year end or whatever Hohoho... you should have quit long... — read more 

by
| 2320 views | | 8 replies (last November 26, 2018)
Post ID: @OP+W8hZNXn

Silence from TR management is deafening

So we get confirmation - via a local news outlet - that TR has shut down the entire office in Rochester, N.Y. But here in Toronto, we get no official news of anything. Just rumours circulating like crazy. For a company that used to pride itself on a... — read more 

by
| 3010 views | | 9 replies (last November 15, 2018)
Post ID: @OP+W8ljdCf

TR (not refinitive) - development redundancies

Was told yesterday that all development groups within corporates under 100 people in size, not in the strategic development locations, are to be closed / made redundant. Personally, the redundancy period will ultimately last until 30 June 2019 for... — read more 

by
| 1560 views | | no replies yet
Post ID: @OP+W8VtP4x

TR (not refinitive)

Was told yesterday that all development groups within corporates under 100 people in size, not in the strategic development locations, are to be closed / made redundant. Personally, the redundancy period with ultimately last until 30 June 2019 for... — read more 

by
| 901 views | | no replies yet
Post ID: @OP+W88FXcV

TR "Transformation"

Sears has been in a "Transformation" for years. Just remember that when TR management tells you this is a transformation and will lead to better days. TR employees, like so many others, will soon experience the depth execs will go to in order to hold... — read more 

by
| 1460 views | | no replies yet
Post ID: @OP+W8NaJtA

Boxes of Tissue

Confirmed from Rochester meeting. Major transformation leaves just five strategic locations as they say goodbye to the old TR. New approach is to consolidate everyone into five locations and say goodbye to workers everywhere else. They told us it... — read more 

by
| 2680 views | | 6 replies (last November 14, 2018)
Post ID: @OP+W7N0yfK

Be prepared, folks

From everything I've been hearing and reading, this week is shaping to be as bad as the last few, if not worse. We are still far from this entire nightmare being over.

by
| 4740 views | | 17 replies (last November 13, 2018)
Post ID: @OP+W6xqNLg

Are you ready...

Large management displacement & displacement of wholes teams at remote sites. Coming Tue to Thur across TR.

by
| 2790 views | | 4 replies (last November 13, 2018)
Post ID: @OP+W5WGZ6v

Offered new jobs ?

Looking at all the LinkedIN updates, where people have changed their Job title and company name, it looks like quite a few are now in positions that are probably below the level they originally had before the Refinitiv/TR sale? Are people moving into... — read more 

by
| 2130 views | | 6 replies (last November 14, 2018)
Post ID: @OP+W4kUBMR

Cutting locations and layers by a third

If I’m reading this right, they’re not looking at cutting costs by a third, instead they are looking at cutting locations and layers by a third. Don’t know how they identify redundant management layers, but I expect all the VPs have been working on... — read more 

by
| 1731 views | | no replies yet
Post ID: @OP+W26A1uo

Shutting down San Jose office

TR announced today that they are shutting down the San Jose office. If you work in a location that isnt one of the TR hubs expect to be asked to move to the Hub or get a severence.

by
| 3290 views | | 6 replies (last November 15, 2018)
Post ID: @OP+W0MANpV

Possible layoffs next week

In the Eagan HR office, there are signs on all the conference rooms reserving them Nov 12-16. Could be next wave Any chance we can get more info on this? Also, is this exclusive to Eagan or have people noticed a similar thing happening elsewhere?... — read more 

by
| 4390 views | | 12 replies (last November 9, 2018)
Post ID: @OP+VZGjauI

Where are people going from TR?

Just wondering, since a lot of companies in our field seem to be in similar situation as we are. Where is the holy grail?

by
| 2570 views | | 8 replies (last November 14, 2018)
Post ID: @OP+VWRI0K1

Start a new thread - post a news comment, question or message:

: