Topics regarding layoffs at Thomson Reuters

Topics regarding layoffs at Thomson Reuters

"Ex-TR Employees"

Asking myself why an Ex-TR employee, in the middle of a workday would be posting on a layoff site about how great life is outside TR. This is the last place you'd find me if I found a great job and was loving life after TR. Especially in the middle... — read more 

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| 4900 views | | 10 replies (last November 15, 2018)
Post ID: @OP+VUVDZeB

There is life after TR

Just wanted to let people who are in their fifties know there is life after TR. I was laid off roughly six months ago, and as of today I have a new job. I did maybe five interviews in the past month and received two job offers, so I even had the... — read more 

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| 1470 views | | 1 reply (October 31, 2018)
Post ID: @OP+VUImtnM

+1

As an ex TR employee, I have been through what you are going through. I want to encourage you. It was horrible to get laid off, but now i am glad. TR FR is a sinking ship, full of with mismanagement, in a low growth space. I ended up way better off... — read more 

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| 1340 views | | 1 reply (November 2, 2018)
Post ID: @OP+VUoKiAw

More layoffs in November?

Is it true we are looking at more of the same next month? It'd be nice to get a reprieve at least until the holidays pass, but I know that's probably too much to hope for.

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| 2900 views | | 6 replies (last November 3, 2018)
Post ID: @OP+VUswUxs

Direct REFINITIV posts there

Given the bulk of the posts actually relate to Refinitiv I think they're getting off lightly as.comments relating to that business are still being posted against Thomson Reuters. In my mind they give most of the grief and escape the comments. Let's... — read more 

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| 1480 views | | 1 reply (October 31, 2018)
Post ID: @OP+VUfbrWj

Carswell/CLB

At least a handful of people laid off today in Toronto, probably more.

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| 1572 views | | 3 replies (last November 5, 2018)
Post ID: @OP+VTQBjIS

Small Law Layoffs

Entire teams of people who I believe worked in account management related roles were let go today. Heard crying in the hallways.

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| 2920 views | | 8 replies (last November 23, 2018)
Post ID: @OP+VTSk9b0

TR Eagan Legal

Reorg continues. As the next layers are revealed, layoffs here and there.

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| 2252 views | | 5 replies (last October 31, 2018)
Post ID: @OP+VTVJbwH

Part of Checkpoint moving to Corporate

The large corp position announcement today includes a new position for the proposition lead- direct tax professionals, this position will include transfer pricing as well as Checkpoint. It was hinted in the last tax professionals town hall that... — read more 

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| 1304 views | | 2 replies (last October 29, 2018)
Post ID: @OP+VSggEmG

New GTM Team Hong Kong

We are expecting more people let go in early November after reviewing the business lines across sales and account management staff. My manager just rejected the management KPI sales for the year 2019 and shall be let go by the end of November. KPI... — read more 

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| 2050 views | | 5 replies (last October 30, 2018)
Post ID: @OP+VRvroLg

Mood Elevator

Where is everyone on the "mood elevator" ?

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| 2950 views | | 12 replies (last November 11, 2018)
Post ID: @OP+VRHRUxY

Corporate Politics Getting Worse

Went through this article. Awfully familiar. https://www.linkedin.com/pulse/office-politics-make-best-people-quit-oleg-vishnepolsky

Tax & Accounting in the clear?

I haven't heard of anyone being let go. Are we in the clear? In the Townhall last week it sounded like we are going to be okay. Has anyone heard otherwise?

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| 2080 views | | 7 replies (last October 30, 2018)
Post ID: @OP+VPTaobf

More cuts in early November

More head-cuts early Nov after the GTM structure is fully announced. So many managers will be sent home, especially the middle management . Is this confirmed? Frankly, some cuts in middle management would be actually welcomed, so much dead weight... — read more 

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| 2840 views | | 5 replies (last October 30, 2018)
Post ID: @OP+VPoCu4l

More before the end of next week wouldn't surprise me

I wouldn't be surprised by more layoffs before the next week is done. If there is a goal to get rid of as many people as possible before the next year starts, next week is the last they can do to fill whatever quota they have while honoring WARN's... — read more 

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| 2750 views | | 10 replies (last October 26, 2018)
Post ID: @OP+VOGmKqP

Unemployment in addition to severance

Somebody told me yesterday that laid off people can also collect unemployment. This sounds a bit too good to be true to me - anybody knows if this is actually a thing? If it is (which I doubt) then getting laid off would be even less of an issue than... — read more 

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| 2340 views | | 7 replies (last February 6, 2019)
Post ID: @OP+VN9uEpx

When will it continue?

I'm not naive enough to believe that this calm in layoffs means we are actually done with them. I do wonder if we have any indicators on when we can expect more? I'm hoping we are safe at least until after the holidays, but I wouldn't be surprised if... — read more 

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| 2370 views | | 6 replies (last October 24, 2018)
Post ID: @OP+VNpmtV1

TR is set to acquire Integration Point

As the TR company officials stated the two companies have come to an agreement and this acquisition will take place as soon as the regulatory approvals are done. The terms of the purchase have not yet been disclosed. Although it is yet to be seen... — read more 

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| 1140 views | | 1 reply (October 24, 2018)
Post ID: @OP+VNGDYYy

Amazing how many satellite offices

Until reading this site, I never knew how many small offices TR (er r----dative) has/had. Truly amazing and sort of bad when you think about that from a cost model perspective (which leads us to this sad point). What on earth are all these small... — read more 

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| 2770 views | | 12 replies (last October 30, 2018)
Post ID: @OP+VMFQ0c1

This cost us more than it saved

In my own opinion impact on revenue by closing language desks was underestimated. Eikon looks very poor comparing to BBG (gaps in content, lot of bugs in apps like FIPA, swpr which could not be solved for years) I know customers who were raising >10... — read more 

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| 1150 views | | 1 reply (October 23, 2018)
Post ID: @OP+VMfk2CL

Anything about Rochester, NY?

Rochester NY site is getting smaller by the month. Great employees are leaving and not being replaced. It's a smaller site than Eagan or Bangalore, but there are lots of incredibly smart people there, not to mention we have (or had?) a great... — read more 

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| 1732 views | | 2 replies (last October 23, 2018)
Post ID: @OP+VLDtnF8

Head of MEA

here in Dubai still waiting to unveil the boss of MEA..sure won't be NN..B Stone longing to have new stategies new spirit in top Mgt level..I guess the lay off is done for MENA unless it a just the 1st wave

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| 2570 views | | 15 replies (last November 8, 2018)
Post ID: @OP+VLbaytx

New week, new layoffs?

Are we looking at more layoffs this week? While I'm a little comforted by the fact that layoffs stopped happening at the end of last week, that doesn't necessarily mean that there will not be more this week. Do we have any info on what we are looking... — read more 

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| 2950 views | | 7 replies (last October 27, 2018)
Post ID: @OP+VLd8BX6

Losing qualified support...

As we could see, refinitiv get rid off almost all language desks and many client facing roles. I have a pleasure to work with Geneva, Nicosia and Gdynia russian desk and I can see very big difference comparing to Manila. Most of language desks are... — read more 

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| 2920 views | | 10 replies (last October 25, 2018)
Post ID: @OP+VJuufwF

Missed oportunities to make changes

Surely Blackstone must be looking at the leadership team to make changes. They have had many opportunities to turn TR around and make it more competitive against the likes of Bloomberg, but have made little impact. The response has always been to... — read more 

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| 1680 views | | 3 replies (last October 20, 2018)
Post ID: @OP+VIwoyit

How Reuters, TR and now Refinitiv lost the wheels?

Do you this book? well now they can add the Refinitiv chapter.. TR never cared about their customers. Remember when they launched Eikon and pushed the c-appy product to all they key customers? They spent more than 1 Billion dollars when other small... — read more 

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| 2050 views | | 5 replies (last October 20, 2018)
Post ID: @OP+VIBHt6p

More info on Argentina

About Argentina, what I heard is that a lot of people working for 'Reuters Support' will be released next year - they support customers in portuguese and spanish. I am not sure about the numbers, probably 10 or 20.... Looks similar to what is... — read more 

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| 1280 views | | 5 replies (last October 27, 2018)
Post ID: @OP+VICty92

Lousy weekend ahead

Being pretty certain that we are nowhere close to the end of these layoffs, for once I'm truly not looking forward to the weekend. Instead of being able to relax and recharge for the next week, all I'll be doing is worrying and stressing over what's... — read more 

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| 2480 views | | 9 replies (last October 29, 2018)
Post ID: @OP+VIy2UJo

Slow dissolution of a once great company.

Thoughts go out to those that are losing their jobs. Not a nice situation, but you will bounce back. I worked for Reuters in the early and late 90's in London. I left but stayed in the same business in the City, same field of market data, and watched... — read more 

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| 1780 views | | 4 replies (last October 19, 2018)
Post ID: @OP+VIshI1y

Risk Spin Off

They will spin off the business as a priority. Lots of good products but very little money and some seriously dumb business leaders running the show.

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| 2320 views | | 10 replies (last October 28, 2018)
Post ID: @OP+VIlrihH

Really a bad thing?

TR is full of people who have not worked anywhere else in their career. They have to their credit done lots of different jobs during their tenure and got to where they are HOWEVER have no experience of working in other companies. It’s a shame because... — read more 

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| 2300 views | | 8 replies (last October 19, 2018)
Post ID: @OP+VIjvvb0

The distant leadership

Not surprising people are using this site as there is no information from the disgraced "leadership" team at all. Who last posted that they've all secured their own positions and how excited they are to share their org charts. Then they went silent... — read more 

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| 2970 views | | 10 replies (last October 19, 2018)
Post ID: @OP+VHNlHQr

Still not done with layoffs?

I know Friday is usually not the day for layoffs, but the way things have been going I don't see the company paying much attention to that. I'm pretty sure we'll be seeing even more notifications go out tomorrow, the only question is where and how... — read more 

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| 1463 views | | 1 reply (October 19, 2018)
Post ID: @OP+VHAYtGq

It’s all about the attitude

Hate to break this news to you, but laying off a large number of people off and migrating their jobs to a low cost centre and then getting these very same people to train their replacements is not new in Reuters. We did this when we moved a very... — read more 

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| 1940 views | | 3 replies (last October 20, 2018)
Post ID: @OP+VHbFKUo

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