Patrick Flannery, the founder and former CEO of market data provider MayStreet, is suing London Stock Exchange Group (LSEG) for fraud and breach of contract following the 2022 acquisition of the vendor, according to court documents reviewed by... — read more
Down, down, deeper and down.
Speaking to a recent senior leaver who mentioned a new transition program designed to look at LSEG in 3 years minus 10,000 people, first program ‘deliverable’ as soon as September this year. Buckle up folks, here we go again.
One down, many more to go
Didn’t see it coming…
From Hype to Silence: The Unfulfilled Promise of the LSEG–Microsoft Partnership
Each successive update from LSEG allocates less space to the Microsoft partnership. This decreasing visibility is not simply editorial choice, it likely reflects an uncomfortable truth that the initiative is underperforming and leadership has failed... — read more
Systemic Failure and Cultural Decay at LSEG Post-Merger
I only came across this set of posts recently — it appears to focus narrowly on a single issue, when the reality is a far deeper systemic failure. LSEG, or Refinitiv as it was, has been gutted by post-merger decisions that have dismantled what once... — read more
Redundancy Process at Major UK Index Provider – Flawed and Unfair?
I wanted to share my experience with a recent redundancy process at a large financial services company in London, UK. Earlier this year, the company announced a restructuring, merging two client-facing teams into a new function. Staff were told... — read more
No brand no harm?
Recently, I had quite an emotional chat with one of my marketing colleagues about the inconsistency of LSEG’s brand assets. Our customers are genuinely confused about who we are. What I heard back was rather shocking – it appears that the newly... — read more
Happy anniversary Workspace!
We are within one month of the 2 year anniversary for the head of Workspace. Nearing Eikon End of Life, and you have managed to deliver no shipped products, no new ideas and no value in…2 years!!! You’ve established a legacy of underperformance... — read more
D&A's Rotten Culture Won’t Fix Itself
What Needs to Happen Under the new D&A Leadership or nothing changes. A clear message: “We don’t tolerate bullies. If you’ve built a culture of fear, you’re not a leader, you’re a liability and we don’t reward failure dressed up as leadership.” Get... — read more
Who knows, maybe integrity might finally make it onto D&A leadership KPIs
My non-LSEG mentors taught me that trust, humility, openness, fairness, and authenticity define real leadership. However, what I experience under Workspace "leadership" is the opposite: fear over trust, ego over humility, control over openness... — read more
Poor T&B head didn’t get it
Start of the end
If they put your role at risk, do this...
Firstly, this is common, and you’re not the only one affected. The reason they gave you is BS. They just want you out, and this is how they operate currently. Secondly, they will tell you to keep it to yourself. Don’t do it! Share it with your... — read more
Only One Employee Per Role Will Stay!
The whispers are getting louder executives have made their move. A brutal wave of layoffs is coming, and only the top performer in each role will make the cut. Their motive? Slashing costs, boosting profits, and proving to investors that their... — read more
Is your job at risk of termination?
Higher management aims to balance team members across multiple locations to ensure 24/7 support. If your team isn’t aligned with this, there’s a high chance you could be at risk of termination at every the end of each quarter.
LSEG appoints Steve John as CMO
https://www.lseg.com/en/media-centre/press-releases/2025/lseg-appoints-steve-john-as-chief-corporate-affairs-and-marketing-officer Can’t wait for the next CAM Reset before the third wave of layoffs where they quietly roll out LSEG’s new brand... — read more
D&A Chief Clown Officer
Next week, D&A’s Chief Clown Officer and his merry band of PIP-quality sycophants will embark on a press tour to promote much delayed Microsoft partnership initiatives. Will this job saving tactic involve demoing actual products? Or will it be more... — read more
Workflows & Analytics Layoffs
Source: high level (exec co/exec co +1) After the disappointing results for D&A relative to the other business units, there will be mid-level manager (level 16) and below consolidation/layoffs in workflows and analytics. This will either be... — read more
CAM at LSEG – A Sinking Ship
If you’re in Corporate Affairs & Marketing (CAM) at LSEG, you already know everyone is just scrambling to make the best of a total mess. Leadership has no real direction - just throwing out buzzwords and half-baked initiatives while expecting... — read more
Satvinder Singh out at LSEG
Satvinder Singh, CEO of the largest division, abruptly leaves LSEG and the only statement on this is via rumor site “The Trade”? How about an official statement from the company on why this happened and what their plan is going forward? Instead... — read more
Everybody should start quiet quitting
That’s about all LSEG deserves from us at this point. In fact, I’ve decided it’s my New Year’s resolution. From now on, I’m going to make sure I do just the bare minimum. It won’t be easy - many of us have been conditioned to believe we owe this... — read more
SAS
SAS 2025 was a disappointing spectacle, a cheap show mirroring everything LSEG stands for—void of inspiration and lacking motivation. In many locations, people carried on with their work, merely pretending to watch the hollow display of buzzwords... — read more
1 Billion Users
"We are bringing together a community of 1 billion LinkedIn users, 300 million Teams users and the 200 billion data messages LSEG sends every day to our customers around the world." Something Microsoft was incapable of delivering, the Workspace... — read more
Pay increases 2025
Give up any expectations. The upcoming pay increases will be largely symbolic, and some may not see any raise at all. With rising inflation and a shrinking workforce, employees face more work for diminishing pay. Meanwhile, ensuring our CEO receives... — read more
Happy New Year to current D&A management
It’s been a great 2024: Successfully pushed out another head of D&A and head of D&A product. Fired or pushed-out more long tenured expert employees. Hired more of your unemployed friends to jobs they aren’t qualified for. Took credit for... — read more
London Stock Exchange suffering biggest exodus since financial crisis
Headline: London Stock Exchange suffering biggest exodus since financial crisis Article: https://www.ft.com/content/aef053ce-c94d-4a72-8dce-bdbf56dd67e1 Summary (for those without a subscription): Significant Departures from the London Stock... — read more
Matching FX move to Millennium platform
Anyone have insight on how the migration of Matching FX to millennium platform is progressing?
2 year anniversary of the LSEG Microsoft partnership
Today marks the two-year anniversary of the LSEG Microsoft partnership. Except for excuse-laden blog posts and fake splash videos, it has been a startling lack of accomplishment that has failed to reach even the lowest possible expectations... — read more
Any news about further layoffs in H1 2025?
I’ve only heard rumours at this stage but there does seem to be some growing concern amongst other teams. When do you think they would be notifying those impacted, i.e before/after Christmas?
Lost questions office (comments and questions ignored by LT)
Starting a thread to highlight all the comments and questions raised during the town halls that have been ignored by LT: From November 26 Super-stream: Will we in France have a salary increase in 2025 allowing us to catch up with an inflation of... — read more
LSEG CAM Layoffs Megathread
The recent town hall left many in CAM (Corporate Affairs and Marketing) with more questions than answers. Amie Stankiste's attempt to deflect the blame for our abysmal Glint scores - claiming they reflect external trends rather than internal... — read more
Why have posts been removed?
Says a lot about the backbone of a once proud company. A few hard truths and the spineless masters kick and scream at the feedback. Sums up the rabble that is now pretty much a dictatorship.
No word no bond
As we leave behind the core essence of the brand, Dictum meum pactum has become a thing of the past. Instead, they offer no promises, and that is precisely what you can expect here. Move on and leave this toxic place behind—unless the severance is... — read more
I hear of layoffs at LSEG on Monday
I hear of layoffs at LSEG on Monday , with more to come later in the year and later. People it will not stop until certain condition is fulfilled. Anybody knows what they are ?
LSEG shareholders to vote on doubling CEO's potential pay
https://www.reuters.com/world/uk/lseg-shareholders-vote-doubling-ceos-potential-pay-2024-04-24/ ONDON, April 24 (Reuters) - London Stock Exchange Group (LSEG.L), opens new tab shareholders will vote on Thursday on whether to potentially double the... — read more
Layoffs in US
Any news?