Thread regarding Thomson Reuters layoffs

BE HERE NOW

Until we say that you don't have to be here.

Where are you on the mood elevator today?

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Post ID: @OP+1btOIIet

13 replies (most recent on top)

It's disheartening to hear that managers would do that. I was blessed with strong managers at TR (I had three different ones in my time there) and all had high levels of integrity and wouldn't stand for that cr-p.

Someone needs to get an employment lawyer involved and look into any possible legal actions, including a class-action against any employees that were given bogus evaluations to avoid a severance package. No one needs to stand for that garbage.

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Post ID: @1tfs+1btOIIet

Some of those gutless Managers who gave out 'Under performing/partial' ratings with fabricated feedback and protected there chosen ones/mates instead will get called out soon.

I know of a few Managers who did this, and proudly admitted it. Some reading this know who they are and should be ashamed. I fortunately left this toxic place a while ago after being striped up.

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Post ID: @1uzx+1btOIIet

I'll give them an attitude adjustment.

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Post ID: @1wdo+1btOIIet

If anyone hasn't realized that stack ranking is in effect, they're deluding themselves. One manager straight told me that's what was going on. Expect the separations to continue in every which way they can. Leadership has no idea how to grow the business, so cost cutting is the only way to show the expected returns to make themselves look good. They'll all abandon ship when they realize the ships taken on to much water to float any longer.

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Post ID: @1cbq+1btOIIet

I got partially achieved with made up cr-p. No raise and little bonus. Then boss said forced to give rating and didn't agree. They look at age and salary. All planned out. I had a job in 4 weeks as I saw this cr-p coming. Glad TR didn't do this during a plandemic lol. I used this site in making my decision

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Post ID: @1udl+1btOIIet

I'm surprised that there haven't been more lawsuits over the performance evaluation quotas. When I was a manager, this might have been what I liked least about the job. The dirty little secret was no secret. It was common knowledge among employees that managers had to provide a certain number of rankings at each level. Not too many "exceed"s, not too few "partially achieved"s. I could tell from the diminishing effort that my staff put into their self-evaluations that they knew what was up and that they found it hard to take the process seriously. It was very discouraging to both staff and managers to spend so much time on evaluations when senior management had already determined what the curve would look like. Even if you won an argument with your direct manager about a ranking for a particular employee, it could be and often was overridden by that manager's boss, who was just complying with some fictional spreadsheet number and knew nothing about that employee's work. It became a trading system--"You can have one more 'exceed' if you give me one more 'partially achieved.'" A terrible, unfair system that gives employees no incentive to work harder for a better ranking.

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Post ID: @1ntp+1btOIIet

@1kvz+1btOIIet, not if they first put the people on a performance initiative plan aka a pip then just say that you dont meet those goals and then let you go...I think thats how amazon does things. TR has used a lot of money on severance, and now I think they are thinking of ways to pull back on paying that too.

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Post ID: @1tnb+1btOIIet

Seek legal advice if they try and let you go for a partially achieved. So many people received it because I heard managers were told that at least 1 person per department has to be given this. Anyone can see that this is fishy and if people are let go without a package due to a partially achieved they need to band together and fight it

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Post ID: @1kvz+1btOIIet

What is this about being let go if you haven’t met a goal? Can someone explain what this is all about? Were there people let go because of that reason, does that mean you don’t get a severance package under that situation?

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Post ID: @gnv+1btOIIet

Being laid off means severance. Being let go because of a partially achieved goal (which by the way were handed out left right and center at the beginning of this year) would suck to no end.

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Post ID: @uzk+1btOIIet

please lay me off....

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Post ID: @urc+1btOIIet

I want to get laid off!!!! Too many years vested not to have them pay me out so I can then take a sabbatical before I move forward into another job. No idea if or when though.

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Post ID: @xad+1btOIIet

Elevator is on the moon, and I am dancing in the sea of tranquility, rejoicing in my freedom.

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Post ID: @ymi+1btOIIet

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