Thread regarding Thomson Reuters layoffs

Eagan office closing?

Hearing that the MN location could close. Will all offices shift to Toronto w/ everyone else working remote?

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| 2212 views | | 8 replies (last )
Post ID: @OP+1aUdE2fh

8 replies (most recent on top)

Carrollton office once had 2k+ people. After all the cuts, pre-pandemic it was easily under 1k. With all the recent departures from that office I'm willing to say it's close to being on the chopping block. It can easily happen in Eagan as well one day office is full the next, not so much.

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Post ID: @9ald+1aUdE2fh

There are more than 2,000 people at the Eagan campus. I think overall the TR U.S. employee presence will greatly decrease and more jobs will go to lower cost areas excluding editorial jobs and such that require attorneys. This is nothing new to Eagan as outsourcing and layoffs happen yearly but this time it should be much more significant.

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Post ID: @1chl+1aUdE2fh

Re the plant, would they ever consider selling it (or spinning it off) and leasing back whatever portion of the capacity we currently use?
Seems like the sort of transaction these McKinsey types do for sport.

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Post ID: @yzp+1aUdE2fh

I’m in MSP. Used to work in the Eagan office but ever since pandemic, we all are working from home. We are wondering why the office would reopen to such an extent if its cheaper for TR to convert everyone to work from home.

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Post ID: @frr+1aUdE2fh

I doubt it. There are more than 2,000 employees here, many with editorial training. It may become more of a back office with AM retiring, PF leaving when he doesn’t get the gig permanently and MD left to manage Westlaw operations until they complete the product’s move to Toronto. It’ll all take at least 5 years and who knows what will happen by then; company can be broken up and segments spun off for all we know. The location will certainly get older, more obsolete and less attractive to younger talent.

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Post ID: @uvd+1aUdE2fh

Well, I'm wishing hard that our office will close but, I highly doubt it. I am surprised to hear that the Eagan office could possibly close as its one of our biggest offices in NA, I think.

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Post ID: @oay+1aUdE2fh

Yes, know lot of people in MN looking to convert to WFH perm or other jobs at other companies

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Post ID: @uba+1aUdE2fh

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