Refinitiv Layoffs

Topics regarding layoffs at Refinitiv

Real information

Does anyone have any “real” useful information on layoffs? What teams, dates, region - anything that can help prepare...

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At least we are safe next week

Then the layoffs should start - and it's not going to be pretty. Mid-July is the latest I've heard, which means right after the Fourth of July and the following week are done. At least they are letting us go through this weekend and celebrate in... —  read more 

Ready, set, go...

It’s coming very soon! Allegedly already agreed with a third party to take on much of the network/infrastructure space, expect a large scale out source to an existing partner precluded by ‘rightsizing’. Anyone outside of India should get... —  read more 

Gear for home use

How do we order kit to work from home? Screens keyboards chairs, any ideas?

Glint Survey

I read in Refinitiv's site that your manager will get the 'stats' from their team (it's buried). Perhaps no names were mentioned (who knows) but comments might be so it wouldn't be a good idea to leave comments that your manager might associate with... —  read more 

June Layoffs in Content

I am hearing from many sources about layoffs in multiple content groups . What is confirmed so far : EH is preparing to lay-off 25% of his staff. Notification date will be June 30th. Pricing team notifications will be out in July.

Potential hack & Creds on pastebin

Noticed a discussion on popular hacker forum about some refinitiv credentials were available In pastebin. Not sure what impact that might have on the current excessive outsourcing.

Definitive lay-offs in COMS

If you are working in content operations you must be prepared for layoffs . FX content , pricing, corporate actions, fixed income content, Company financials, commodities and World- Check .Senior leadership is planning to move 500 roles to low... —  read more 

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Hearing about another round of layoffs happening soon in the pricing service. MM will use his Minions to get rid of non-millennials .

Covid 19 death in London

All, An employee of TCS working on the 2nd floor CS has sadly passed away yesterday. There is no comms from elite executive team. So much of care for employees. If you were in 2nd floor of CS, please take proactive step to self isolate or even... —  read more 

April Fool's Day Layoffs?

Been waiting for a month for "transformation" layoffs....or worse yet....resignation letter demands/transfer of employment to a third party, thus relinquishing of tenure, quick firing. Has anyone heard anything? Or if not, share your... —  read more 

Bonus due to COVID19?

Will Refinitiv provide a special compensation award to help ease the financial burden of the coronavirus pandemic to its employees, like some companies are doing?

LSE/Refinitiv Deal - Possible Sale of Assets

Is anyone concerned by the phrase in the Reuters article dated January 21st "triggering...possible sale of assets"? I'm worrying about different parts of the business that makes less sense to the LSE like maybe the old BETA in Brookfield? LSE... —  read more 

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 

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 

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 

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 

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 

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 

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 

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 

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 

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.

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

Change at the top?

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

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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