Thread regarding Thomson Reuters layoffs

New job after 60 is possible

I was laid off at the end of 2018 after 12 years at TR--and at 61 years old, I thought I'd never find another job. Well, it took five months, but I have a new job, so it IS possible. Yes, I did have to compromise on pay (I'm only making a little more than half of what I made at TR), but you know what? I'm happier than I've been in ages. I'm at a very small company, there's no politics or stress, and my co-workers are wonderful. Best of all, just a couple weeks in I already have my confidence back. I'm doing the job that was basically taken away from me at TR because of a departmental re-org that was done about a year before the company-wide re-org. Sure, my husband and I will have to watch our pennies a little more carefully, but it's worth it to enjoy going into work every morning--and to be able to do what I'm good at again.

Originally posted by @Zfks78s-ife.

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Post ID: @ZgcyWcT

8 replies (most recent on top)

Hi 50+. Were you offered outplacement at Right Mgt? If so, please take it. They will show you how to make your resume ageless (reduce the number of previous roles, eliminate language such as more than 20 years exp. Ensure learning is up to date. State unemployment offices have similar resources.
You can do this! Good luck!

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Post ID: @ZgcyWcT-1guln

Thank you for posting!. I am 50+ and I was laid off a few months ago after almost 10 years with a start up that was acquired by TR 10 years ago. Its very upsetting and sad to put your heart and soul into supporting an entire business only to be let go because your position isn't considered "vital" in the new TR world. The decision made by people that know nothing about what you did to keep your team on track, working behind the scenes to make your team and business run smoothly and to know that your supervisors and executives did not fight to keep you since they were busy fighting to save their own jobs. I was told my position was available in either Carrollton or Eagan and I could relocate. LOLOL!. NO THANKS.
I'm finding the job hunt this time around very discouraging. Businesses would rather hire snot nosed college kids with a 4 year degree and no experience than a professional with 20 years of administration experience because they don't have to pay them a worthwhile wage and they think that having a college degree means they are loyal, organized, can follow directions and professional. It doesn't. I don't have a college degree but what I learned through out my career , Isn't taught in a classroom....
I read your post and find it encouraging that I too will find a job where my experience is valued and will enjoy coming to work every day. I will most likely have to compromise on some things as well, but for sanity and happiness, it will be worth it!

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Post ID: @ZgcyWcT-1fvfb

@T-faj -- Understood. And I'm not that young, either.

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Post ID: @ZgcyWcT-lzd

TR is gonna be history soon. And guess what? All the good talents were already long gone!

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Post ID: @ZgcyWcT-zzt

My dad worked until he was in his mid-80s--partly because he wanted to, but mostly because: a) his company's CEO was found to have been stealing from the employees' 401(k)s several years ago so they lost large amounts of money; and b) my mother's final illness not long afterward took a huge financial toll on them. Sometimes you can do everything right, and it only takes one or two things to yank the rug out from under you. I think my parents' story (part b, more than part a) isn't that uncommon anymore.

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Post ID: @ZgcyWcT-ovr

I would have been able to accept retirement better if I would have been allowed to prepare for it. You will understand when you are older.

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Post ID: @ZgcyWcT-faj

Is retirement not a thing anymore? I'm not being snarky, sincerely. I hope I won't have to be searching for a job at 66. But I can understand volunteering.

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Post ID: @ZgcyWcT-nlv

It’s harder at age 66. I have had to string together several volunteer opportunities to keep me busy.

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Post ID: @ZgcyWcT-dkp

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