Refinitiv Layoffs

Topics regarding layoffs at Refinitiv

Attrition is getting worse

Not that I blame people for leaving this place... But I do blame the company for being in no hurry to hire replacements for many of them, so we end up with twice more work than we are supposed to have - and not enough time to do it all. If this... —  read more 

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Post ID: @12H2oiae

Comment pulled

Earlier this morning, a post was made about the head of Refinitiv Labs, TB, getting the chop along with someone else. The post got pulled. Anyone else able to confirm or deny? The signature name was very funny so didn't know if that might be the... —  read more 

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Post ID: @12jeKOmH

Retract the KYCaaS Layoffs. MAS is back!!

Word on the street is that the Singapore Bus Dev team are about to dust off the KYCaaS aprons and claw the laid off staff back.... MAS want to kickstart the KYC utility programme again. Big game changing targets over the next few years from the MAS... —  read more 

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Post ID: @12cUCouy

Any news for Brookfield, Wisconsin?

Brookfield is entering the "layoff month" and there hasn't been any word as to whether or not there will be layoffs of any type (big or small). They are heavily development related and closely connected with Eagon, Illinois. If anyone has heard... —  read more 

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Post ID: @11YLH6el

DW Gunning for DC

Just as there was the open target of JG it is understood that DW has the cross hairs on DC. The word is lots of back room discussions with shareholders and stakeholders with a public "not true". You just never know, given the recent talent choices... —  read more 

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Post ID: @11RnOObn

Is the office in Zug really closing?

Someone mentioned on this board yesterday that layoffs are happening in Zug due to the closure of the office there. As far as I can see, none of the other posters commented on that or gave any more details. Is the Zug office really closing? Has that... —  read more 

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Post ID: @11M0zGIJ

Sales Layoffs?

How about Sales? I heard they are gonna be next This was asked by @11lyU62q-1ydg in a reply to a different topic. I wanted to ask a wider range of people the same question, so I made it a thread. Has anybody heard about Sales being hit in the... —  read more 

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Post ID: @11mfYdmY

Eagan-based Technology is being shut down

Eagan-based Technology (~175 folks) is being shut down by Q3 2020. Sounds like most end dates were not until at least Dec. 31, 2019. Some folks have been offered relocation, which sounds like St. Louis being the main transfer spot. Made into a... —  read more 

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Post ID: @11lfoE4Q

Q4 2019 Refinitiv Layoffs

Sounds like Q4 2019 is going to be another bloodbath. So starting a separate thread for the latest wave of Q4 2019 layoff notices to avoid posts getting buried in other posts. And reposting some notices from @11jP4X34 as well. Over 400... —  read more 

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Post ID: @11lyU62q

All the non strategic locations are on the line?

Looks like all the non strategic locations are on the line. So except Brookfield and St. Louis everyone else?? And it will be interesting to see what kind of package they offer and what will be the end date.. I would like to know the same... —  read more 

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Post ID: @11jP4X34

Rockville office to close soon

Rumors are the Rockville MD office will be closed. It had 500 people at one time now maybe 40. Most will be shown the door. a few offered the chance to move to Brookfield.

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Post ID: @11eSb8IK

Refinitiv should be ~ 445 people total

20 x 10 person dev team (and thats really generous) = 200 Support, deployment, etc = 200 people (generous) Legal, etc = 20 Hr = 5 (not sure why 0 isn't the right number) A few decent pms = 20

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Post ID: @10W9VSZD

Change at the top?

Rumours of someone walked out of the building yesterday and today a change on the Refinitiv Executive Team page.

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Post ID: @10SxyKGp

Anyone happy at refinitiv?

Nearly a year since I was laid off. It was miserable waiting for the axe to fall. Now things are much better for me. Just wondering is it working out for people still there?

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Post ID: @10BIOzMB

LSE

Looks like next week https://www.lseg.com/resources/media-centre/press-releases/statement-regarding-press-speculation

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Post ID: @10fTOzfU

Refinitiv deal with London Stock Exchange

Looks like an announcement very soon on tie up with London Stock Exchange. Any one got any news on this, other than what is on main news sites (including Reuters ) ? Sit tight, it's all going to kick off again.

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Post ID: @10eIV7Ll

Talent Solutions Group Inc - hiring for Refinitiv

I know that this is not "layoff" news but those of us who have been laid off might be interested in knowing that Talent Solutions Group Inc is a recruiting agency for Refinitiv (in Brookfield, Wisconsin at least). I caught 2 initial postings on the... —  read more 

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Post ID: @10a8SxM5

Bloomberg still kicking your butt?

Bloomberg was kicking TR/refinitiv’s butt for a long time. Leaner, meaner, smarter people, better products. Is that still the case?

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Post ID: @1085Sv7Z

H2 Changes rumors

Anyone got rumors to share on the upcoming structural changes being announced on 27th for H2?

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Post ID: @Zw5ZjJu

Nobody wants Reuters

Pasting the thread in the page next door. https://www.thelayoff.com/t/Z5Ya8ZF I don't know what the heck we are paying $325m a year for. Corporate debt is exploding in China & India - where is the news coverage?? They're not covering what matters to... —  read more 

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Post ID: @ZtWAEoO

FXAll Matching and Dealing (FXT)

Has FXAll / Matching & Dealing (FXT) been sold to Deutsche Börse yet ? It was described as one of jewels in Refinitiv crown and selling the jewels to payoff the debts seemed the route they were taking. I was told the Fx business is a cash cow with... —  read more 

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Post ID: @Zrmq0zt

Risk business

Any rumors of if and when this is getting sold off???

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Post ID: @ZpBE58X

Executive Lounge Team

The same week they returned from sunning themselves in Bali at shareholder expense they posted about how excited they were about the next Dave and Babs executive vacation in Marrakesh. This shower of industry lightweights have spent years holding... —  read more 

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Post ID: @Zo5U5Ax

Goodbye KYCaaS

Goodbye KYCaaS and the 100’s of staff that have sweated blood and tears for that business over the last few years. Writing was on the wall. Laughable that this decision was based on “Refinitiv’s unwavering pursuit of growth!”

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Post ID: @Zn95Uth

I was being informed....

Mgr in HK office was given a list of employee visiting this site and the amount of time they spend on weekly basis. Use your phone to post!

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Post ID: @ZcX3ac9

So Quiet!

This blog has been quiet in the past few days. I guess everything is ok now!

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Post ID: @ZbgvzJv

Can we change our business strategy?

Move away from layoffs to something that might actually result in some positive changes down the line? I'm tired of the same old thing done over and over again without any results. It doesn't take a genius to see something needs to change. Although... —  read more 

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Post ID: @Z5YMk5C

BOUM GOES EIKON AND FXT

new world record !!! a 12 hour outage of eikon and fxt and they have no clue where it is from. keep outsourcing. started at 3am gmt and still going strong ! please raise a ticket siiiiiiir —  read more 

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Post ID: @Z33YA7K

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