Thread regarding Thomson Reuters layoffs

Once they get a better picture there will be more layoffs most likely in Q3

Management is still sorting out the structure for Corporates and Commercial Excellence. Once they get a better picture there will be more layoffs most likely in Q3. It’s an inexact science but they first want to make sure they get rid of lower level managers, then the people whose work they plan to outsource (Dev and Tech anyone?), and finally the ones they deem redundant after further examination. They’ve done the first two so keep an eye out for the last one. I know, everyone is viewed as redundant but you see what I’m trying to say.

Couldn’t agree more with @YGf3wKa-1low

by
| 2798 views | | 5 replies (last ) | Reply
Post ID: @OP+YHYoL9L

5 replies (most recent on top)

Why wait till Q3 when you can fire people in Dallas now? Poster has no clue people are being walked out silently.

by
| | Reply
Post ID: @aqak+YHYoL9L

They let go many people in carrollton location on last wednesday!!! -

by
| | Reply
Post ID: @6kxk+YHYoL9L

I know the feeling and am doing the same. Those at the top are fools. But I say the serenity prayer and decide to move on.

by
| | Reply
Post ID: @1buv+YHYoL9L

I have no dog in this fight. I’ve been interviewing, building skills, taking classes to beef up my skills. Ready for the next purge.

But I will say it’s amazing they’re pushing aside some amazing tech folks who are literally the only people who have mastery of various proprietary systems. In the name of standardization, while they have literally a decade of failed imitatives in this stream, leaving a Babel’s tower of intertwined systems. While promoting certain strategy process efficiency masters. It’s like affirmative action for schmoozers. It’s uncanny. The worst people. I had lunch with someone who never has a bad word to say about anyone, you know the type, always diplomatic, they remarked how hapless these folks who got promoted are. The kids who copied their homework runnin’ things.

by
| | Reply
Post ID: @1mtn+YHYoL9L

And you know this exactly how?

by
| | Reply
Post ID: @1mgn+YHYoL9L

Post a reply

: