I know most of you don't want to hear this, because you can't handle the truth if it isn't "Everything is AWESOME!" But nonetheless, the truth is the truth, so here it is. Worldwide, Emerging Markets are in full scale crash mode, including China... — read more 

Immediately as today, immediately as this week, immediately as this month, quarter... What does it mean? I'm so sick and tired of this waiting game. If you plan on laying off more people just go ahead and do it already. Don't keep us waiting and... — read more 

Thats what Craig said in todays Townhall, except that it doesn't seem to be the truth! 5% would translate into less than 1000 employees - just a hiring freeze would do, no job cuts needed, the target can be met in a year. And, what was that $300... — read more 

I'm keeping my fingers crossed I get the good news today. I know I'm not the only one. How can anybody still want to remain at this place? I can understand people who want to ride it out because they are close to retirement, but other than that?... — read more 

Hello, Kindly post any actual layoffs occuring in the company here, No side talks and speculations, stick to news about actual layoffs OCCURING! Best!

I see this kind of comment a lot, and wonder if these people have any idea what's actually going on in the media industry. Do they even work in the media industry? For starters, if this is happening at a company like Thompson Reuters, anyone with... — read more 

Relax, breathe in, get mentally ready, it may happen and that’s OK, we’ll be fine no matter what... You will need to be calm and collected over next few months – you need that inner stability to get through what’s ahead. Yes, you will be fine. Avoid... — read more 

Anybody else here at the crack of dawn, too nervous about today to sleep? I'm not sure what exactly will happen today, but there has been enough talk and indicators to be nearly certain that today will be significant for most of us - and most likely... — read more 

http://www.thebaron.info/comment/refinitiv-how-about-regurgitiv

Not expecting anything good coming from it, but at least it would probably paint a more clear picture of where we stand, and give us at least some sense of how much more reductions we can expect, of course, that is if we survive October. The earnings... — read more 

TR are in a bad state, so anyone who is kicked out in this latest huge round of redundancies is lucky. TR treat their employees like dirt, and have the nerve to include "Trust" as one of their values. There are some good aspects of TR, but even... — read more 

Saw some news on Blackstone might want to sell FXAll - would that include Dealing and Matching? Can anyone comment on this

Wouldn't "immediately after Oct 1" mean Oct 2/3? Is it perhaps hiding in plain sight?!? Why would anyone hold a company wide townhall, only to layoff a huge chunk of them shortly after? But again, given the general level of inefficiency that's... — read more 

All, 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... — read more 

My question is we're obviously starting off at definitive on October 1 meaning to the best of my knowledge we are going to be on a new contract If that is the case then I would have to sign a new contract, but what if I do not agree to the new terms?... — read more 

Stick Refinitiv posts in this thread: https://www.thelayoff.com/refinitiv or go to &refinitiv

F&R look to be downsizing the Wrexham operations site with jobs being outsourced. No immediate changes however VEDaaS product is to be axed in favour of other F&R services offered.

"Many of you will have read the recent press stories regarding the savings planned and the structure of the debt. I know that the upcoming changes to our organization are very much in everyone’s minds and my commitment to you all is that we will be... — read more 

I'm thinking it might be a good idea going forward to mention in posts if your comment pertains to Thomson Reuters or F&R/Refinitiv (at least until a separate Refinitiv comment board is added.)

There is no doubt there will headcount reductions in the first month. But what if they are not just using the rooms for layoffs, but using them also to talk to about your about your role being "reclassified" or something like that. All in the an... — read more 

Tata Consultancy Services (TCS) has won an around Rs 500-crore contract, which involves infrastructure management services and application development, from mass media and information company Thomson Reuters. From... — read more 

"Neil has been solely focused on getting capital distributions for the Thomson family. This is the final stage of dismantling the company for them and leaving only the news organization behind." In response this post earlier, he's in the business of... — read more 

...has nothing to do with it. The reason the Street is calling this $300M bond "junk" is in reference to the detritus the funding aims to finally clear out.

Few layoffs happened today in TR ie non-F/R staff that stayed back in TR. Fairly senior staff have been removed. Is this true? Any other place affected? Also, folks, please put important info like this on top instead of burying it as a reply in a... — read more 

My whole office only has FIFTEEN people left! I know now that all my counterparts that are doing my job in the rest of the world have either been laid off already or will be by the end of this year.

Looks like managers have no say in offices with massive amounts of staff (the consultation process would be too long, leaky). Small regional offices with limited staff is a different matter - some senior level consultations appear to have happened... — read more 

The upcoming rounds will not be like anything we saw in the past. It will not be base on performance, but more likely time with the company and how much you earn. They will be looking to purge anyone that can be replaced by outsourcing or a recent... — read more 

Lots of VP's putting their life jackets on at the moment

Honestly, I'd consider that a life line. I want off this ride. And if me volunteering could save somebody who would actually want to keep their job here (as much as I can't understand why that would be the case,) than even better. So why aren't we... — read more 

Just everyone want to know if they are in the list or not.. with the suspense and axe hanging above your head has hard hit every one reduced to zombies.. working like zombie When is that f---ing layoff happening -- any HR folks welcome to share

You all understand that all those juicy severance packages can change at any time? As long as they change them across the board and for everyone, they can change the policy...

Post any updates in this thread

For ex Reuters people with service more than 10 years, when being let go, they will enjoy 3 month garden leave 3 month payment in lieu of notice 1 year of payment of last annual compensation 15%* 6 month payment for severance package Employee... — read more 

https://twitter.com/TheLayoff/status/1040679347420450817

Big announcement expected tomorrow related to consolidation in the legal business. Large volume of layoffs expected this fall in account management and sales operations , and smaller amounts in marketing and product organizations.

Cant you id--ts even setup dns? Your super awesome new name doenst even resolve Must need a new process, 20 pms, and dickie craigie to sign off.. 6 months of time for 30 of work.. or maybe the dns guy was laid off

How many people are leaving your team every day? If it's as close to the number of my team, then I can't figure out why Thomson Reuters would even need layoffs at all. So many people are leaving on their own. I guess everybody is seeing writing on... — read more 

What ever happened to this? Updates please

Most probably this will be anmounced on Oct 1 following the official split