Singapore GTM lay offs complete with roughly 20-30% cut thru all functions (including early career?!?) after 5 days of firing. no pattern and no comms on future plans ELT floor walk announced for Thursday but did not leave his meeting room. prob did... — read more 

Rumour has it small tech teams will be laid off shortly and large teams transfered to third party vendors.

Had a meeting with Blackstone on Monday Sold the company on Tuesday Made people take a pledge on Wednesday Made people redundant on Thursday &Friday Chill on Saturday and Sunday.

The company literally has a campaign- complete with posters and name tags- that say “be here now”. perhaps the writing has always been on the wall. David Craig is as much a laughable CEO as he is effective. A company that’s more concerned with... — read more 

Some folks getting messages like this from thelayoff.com Error 1015 You are being rate limited The owner of this website (www.thelayoff.com) has banned you temporarily from accessing this website. Probably because everyone in TR appears to the... — read more 

Wondering if some Refinitiv HR people are monitoring this space and are reporting many posts! The mood where I work is extremely gloomy this morning. I was shown the door but I feel somehow liberated. The private equity ride feels already VERY bumpy... — read more 

Based on ip address; just so everyone here knows

Here's my positive spin... I've seen it way too many times at TR, there is a hit and some additional attrition that follows. Things slow down and pick up again - then people start coming back as contractors. The severance payout may be (and likely... — read more 

Do you have any updates about the Customer Support Department and layoffs in Manila, Philippines? Anyone has details if they got hit and if yes, how big is the hit. Thank you.

http://www.leaderlive.co.uk/news/16977834.anger-as-firms-plans-to-close-its-wrexham-industrial-estate-base/

This is a private equity firm now. This will happen every month if you don’t hit numbers. Get real! Are you all really thinking this is going to be where people come and never leave - no way. Haven’t you read all the stuff about a high performance... — read more 

All 15 staff told be gone by end of Jan

Not much left for the products with total of $230 million revenue. Techology management are pitching that they are better in technology and management to the higher managers and cto office. If so, why the fxx it is not making even 30% revenues of the... — read more 

My manager (according to his manager) shared some limited information with us in a private conversation, our business had been given the head count & total cost to be reduced in the first round RIF in 2018. It will be decided by current management... — read more 

I know all of us, who got hit by layoffs look at that as a big personal failure and a turn for the worse. Of course, that situation generates feelings of fear, despair, anger, or disbelief, but when the feelings settle and you get to see a more clear... — read more 

Do we have updates if Manila Site will be hit by this Massive lay offs? In case, any idea what are the roles being targeted (content? Customer support? Programmers? Events?) We are wondering at nowhere until substantial info is given by the... — read more 

There is some talk on this board that they are not done with EMEA just yet. Some say small offices (<15 employees) will be hit next, if not shut down completely. Does anyone know more?

30% gone, all IT, some middle managers, AM and Specialist and of course TAMS.

Shocking and sad stories coming from global quarters. There is panic everywhere. People who survived so far have worries of being outsourced or outsmarted by technology. SMEs are being laid off too :(

The US plan is written down as follows; Severance Benefits: Severance Pay; Medical, dental, vision and health care flexible spending account benefits; Career Transition Services; Incentive Compensation Payments (subject to the terms of the incentive... — read more 

Not sure how right and up-to-date this info is, just read it on Refinitiv board here (https://www.thelayoff.com/refinitiv or &refinitiv ), US locations that have also been hit are Eagan, MN and NYC (they are still expecting some more layoffs). There... — read more 

was laid off. The anticipation was worse than the actual layoff. It’s not the first time for me, but it is the first time it’s been done so humanely. I know a lot of people are frustrated and afraid for the future. I am as well. But if you get... — read more 

Any update on whether the employees have been told of the layoffs there yet?

Has anyone heard what is going on with Legal in Eagan?

I think I’m the first one that was shown the door. Oh well! I didn’t like the name Refinitiv anyway :)

I've got chills, they're multiplying Now our site's lost control And that power we were supplying Now it's dying (refinitiv) You better shape up, cos we need you now To train up Bangalore You better shape up, we're telling you Then we won't want you... — read more 

Meanwhile TR increase payment to shareholders by 1.4%. Wouldn’t you think it would be wise to have stalled these dividend increases over the years and invested the money into the company instead ? Yes still pay a dividend but freeze the increase... — read more 

Do we have any news for EMEA?

If you get the opportunity to take a decent package, see it as a positive and move on. There is life after TR. The time it takes to get a new role (I can only speak fro London) will depend on various factors (e.g. Seniority and specialisations and... — read more 

I went through this in late 2016. In terms of severance, it's quite clear: UK: the terms are in your contract. If you're not new, I believe you're entitled to 6 months pay + 1 month per year of employment. Pretty straightforward. US: if you're Band... — read more 

Honestly TR will make the cuts in the wrong spots. They tend to not replace lower level employees through attrition which makes the work load far too much for those actually doing the work. This generally leads to massive turnover of skilled... — read more 

This ain't the same company culture I joined anymore, if I don't get chosen as the "wrong people at the wrong place" this time then it just makes me look like a total failure and pu--y to Refuckitiv !!!

This website is blocked at TR VPN

At this point no changes in Gdynia

Anybody knows how GE determines who'll be laid off? Anyone from HR here? What specific criteria is used for deriving decisions? I'm going to assume that age or pay are taken into account? But wouldn't that trigger possible age discrimination suits?