Thread regarding Thomson Reuters layoffs

Managers have been told to keep the headcount down

As a manager, I have been told to keep "head count" down. Fire someone and don't replace them. Someone retires, don't replace them. Use contractors instead. It's cheaper and easier to get rid of them.

This post by @XmjI9VO-edel paints a good picture of the current company policy on hiring.

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Post ID: @OP+XANH41R

11 replies (most recent on top)

The Improve quality crazy cycle.

Client complains about an issue.

Special projects are created to satisfy client and improve technical tool.

Multiple projects thrown at workers already overworked.

Headcount NEVER increased because they don't have resources!

(Layoff team members)

Projects further added to remaining team.

QUALITY SUFFERS and tool goes further downhill.

When will management wake up?

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Post ID: @1dtlx+XANH41R

Be somewhere else now!

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Post ID: @5eqz+XANH41R

I got to train a contractor in our team this week after the company kicked out the older employee doing the job. They are heartless and only care about money. I will take whatever job I can get at this point to get off this sinking ship. It's a matter of time before everyone is replaced by contractors and eventually let go.

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Post ID: @3vta+XANH41R

This gave me a laugh: "As a manager, I’ve got a hard time keeping the mood elevator anywhere above “crashed down in the basement”. "

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Post ID: @2foi+XANH41R

TR has always handled the work force through attrition. In my opinion it's a very fair way to reduce the headcount without layoffs. I was replaced by staff in India and laid off a few years ago. I worked for TR for many years and really have nothing negative to say about them. I was always treated very fairly. Sure, I saw things that I didn't like or agree with but that's normal in any job. I'm surprised at many of the negative comments here. I see a lot of people taking things personally and getting angry because they made it all about themselves. Everything mentioned about TR here is not new at all. They have been working on this plan for at least the last 15 years. This should not be new to anyone unless you are fairly new to the company or do not pay attention to the grapevine or have management that does not share information.

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Post ID: @2ruk+XANH41R

TR is racing to the bottom.

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Post ID: @2krx+XANH41R

Move fast...

When you see that it takes over six weeks to hire someone, even if you find the right candidate on day 1 of the recruiting process, it’s no surprise they prefer to hire contractors. Contractors can start within a week.

As a manager, I’ve got a hard time keeping the mood elevator anywhere above “crashed down in the basement”. People resign en masse, which is a nightmare when HR is super slow to replace critical positions.

The current strategy is in fact a mass headcount reduction plan in disguise. They push people out by treating them like dirt. The bad thing is that the best elements leave first. This company will be soon only made only of a.h. and missionaries, on a proportion over10:1.

Wait to see how your bonus will be in March. They’ll find another bs excuse like “Our external performance is outstanding but our internal performance is poor”.

They are pushing people out by disgust.

Not the best strategy in pursuit of excellence.

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Post ID: @2ktu+XANH41R

Wait wait... ypu guys are surprised that they dont want to hire???

Wow, some big brains on brad over there

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Post ID: @2gdg+XANH41R

I'm disgusted but not surprised. I hope the company I used to be proud to work for goes down in flames.

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Post ID: @1ast+XANH41R

Find a new job ASAP

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Post ID: @1vyl+XANH41R

"Building for the future", future sale, that is

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Post ID: @lrw+XANH41R

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