Thread regarding Thomson Reuters layoffs

Taking PTO a factor in the PE layoff?

A significant chunk of the team is gone and seems like a common pattern is that they took a healthy amount of PTO in general. A colleague also barely took PTO but was recently forced by their manager to take leaves and maintain good balance and they did, and were laid off now. Almost all of them took a long time off summer.

Any similar pattern in your teams? Feeling worried and more hesitant to take PTO now after this. Was planning a visit to see family but thinking of cancelling it now.


by
| 507 views | | 6 replies (last ) | Reply
Post ID: @OP+1ky8badte

6 replies (most recent on top)

@ag the moral of the story is - take as much leave as you can, because with their recent penny pinching changes, you don't even accumulate paid time off that you're entitled to be paid off. Unlimited time off my A$$

by
| | Reply
Post ID: @e5+1ky8badte

@aw they mean layoff with severance. Nothing to do with performance

by
| | Reply
Post ID: @dw+1ky8badte

When you all say “let go” do you mean lay off with severance or dismissed for performance without severance?

by
| | Reply
Post ID: @aw+1ky8badte

Guy on my team was given a 2 last year because of AI usage, even though he hit the numbers they wanted. He ended up doing 100% AI, hitting every metric for this year AFAIK, took not even a single day off, and was still let go.

by
| | Reply
Post ID: @ag+1ky8badte

Related to AI use / performance reviews as far as I know. They chose anyone that ever got below a 3 in entire career at company. I know someone that was not let go, and they are the typical brown-noser that doesn't really do any work, but talks a lot. Typically takes 6+ weeks a year off.

by
| | Reply
Post ID: @af+1ky8badte

No idea about anyone else but if that was it I have no idea how I survived. I took like 6 weeks of PTO last year (which is similar to my normal pattern) and have been on parental leave most of this year and wasn't layed off. I did get an exceeds expectations review and a promotion this year though.

by
| | Reply
Post ID: @a8+1ky8badte

Post a reply

: