Thread regarding Thomson Reuters layoffs

Younger generations

Strange as it may sound, counting the days until retirement makes me feel depressed. I thought I would be jumping with joy when this time came, but I have been here too long and despite everything, it will be a bit unusual for me. I'm feeling a little nostalgic these days. I am thinking of new generations. It seems to me that TR is less and less attractive to them?

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Post ID: @OP+1gelHvmS

9 replies (most recent on top)

R.I.A. and then Thomson was a great place to work and I feel very nostalgic about them as I am very close to retirement. Thomson Reuters was just another corporation.

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Post ID: @Dpgz+1gelHvmS

I just hope that they dont sell us, before I retire and remove all of the benefits, like have done before.

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Post ID: @leyu+1gelHvmS

I too am literally counting the months to retirement. I always say it had been a he-l of a ride. I do not want to retire though until this pandemic is completely ended.

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Post ID: @2zlz+1gelHvmS

I was talking to one of the lawyers who works with contracts and they were saying how the whole company is feeling this. Just this overwhelming despair and an inability to make sales because people keep leaving. I get really sad when our talented young people leave because I remember when this was the kind of company where you would want to stay and make a good career.

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Post ID: @1epd+1gelHvmS

@OP+1gelHvmS - I think it is reasonable to be nostalgic at the time you retire. It's a major life change. Unfortunately, the TR we joined is gone, and many of the people who made it rewarding are gone. The identity of the organization has completely changed, and not for the better. The only reason to stay is to have a check until your next opportunity arrives, or it's part of your retirement planning, or it was a brief stop along your career path to build your resume. This ELT has made certain that no one can expect to stay with TR for more than 2-3 yrs max.

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Post ID: @1typ+1gelHvmS

Don't feel too bad about TR, they'll eventually come around. I was apprehensive about retiring 2 years ago but am so glad I did. Only stress is watching the grandkids.

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Post ID: @1dvh+1gelHvmS

TR pays below market and has frequent layoffs. Of course it's not attractive to anyone looking for a job.

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Post ID: @1zuf+1gelHvmS

The word loyalty is supposed to be a two way street. If I put in blood, sweat, and tears but get laid off at the whim of some new executive, then that is not loyalty.

I’m here for a paycheck that is worth less today then when I started nearly a decade ago.

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Post ID: @prk+1gelHvmS

It's not just the younger generation TR is less attractive to. The constant threat of layoffs, lower end pay rates for those on the floor, micro managing, taking up the work of those who have been RIF'd for no extra pay, plus an over abundance of managers to staff on the floor where resources are really needed are hardly attractive selling points.

I wouldn't be feeling nostalgic for this company. When feelings of nostalgia start, just remember all those colleagues who were RIF'd, many of whom gave years of hard work and dedication to TR, who were exited in a very poor manner. If I was in your shoes I would be embracing retirement and all of the new opportunities it presents.

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Post ID: @tbv+1gelHvmS

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