Thread regarding Thomson Reuters layoffs

And there goes MyPay.

Employees went in the deal so no option to access open positions in TR.

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Post ID: @OP+1gAWNPYS

14 replies (most recent on top)

Best cheerleader in the school um I mean Ann Arbor office.

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Post ID: @fhwl+1gAWNPYS

@7keo+1gAWNPYS when the email came out we were very confused. Weird timing. And what this person does is useless.

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Post ID: @dunl+1gAWNPYS

Oh but the vp of mypay got a TR role in TAP. More dollars for a yapper, yet hiring freeze elsewhere.

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Post ID: @7keo+1gAWNPYS

Just another reason NEVER to work any overtime at TR. They don't care about you, your future, or your dreams.

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Post ID: @3yrb+1gAWNPYS

Isis doing payroll from caves?

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Post ID: @1xxi+1gAWNPYS

Here's an update on the sale of myPay Solutions. It was purchased by Isis out of the UK. https://www.iris.co.uk/ Current employees stay with the business, so no layoffs,,, initially. I was with CS when purchased by Thomson and luckily we were the software arm. Part of the growth strategy by CS however, was to purchase smaller tax/accounting companies and the MO was to fold the product into CS over a period and eventually close the purchased business. That stayed the same with TR management. Very few employees, if any were retained from the purchased business.

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Post ID: @1pwi+1gAWNPYS

Is editorial also being broken up?

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Post ID: @xbc+1gAWNPYS

MyPay is a payroll processing product (think ADP) developed in-house at the Dexter / Ann Arbor office back in the mid-2000’s. Target market is CPAs who use the Ultratax fed / state tax software. It was also sold to other small businesses. It Never grew to become a significant percentage of revenue in Tax & Acct.

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Post ID: @abr+1gAWNPYS

Confirmation will be next. TR is an innovation ki---r.

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Post ID: @shh+1gAWNPYS

@uwz+1gAWNPYS Payroll solution -software and managed services. https://mypaysolutions.thomsonreuters.com/en.html

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Post ID: @lva+1gAWNPYS

Who did they sell it to?

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Post ID: @mjv+1gAWNPYS

Was MyPay profitable? Never heard of it.

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Post ID: @uwz+1gAWNPYS

You are not the first (Healthcare, IPS, FR) and most definitely will not be the last this happened to.

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Post ID: @ggq+1gAWNPYS

What are you saying? Has it been sold or discontinued?

There is no severance?

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Post ID: @mnm+1gAWNPYS

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