Thread regarding Refinitiv layoffs

Goodbye KYCaaS

Goodbye KYCaaS and the 100’s of staff that have sweated blood and tears for that business over the last few years. Writing was on the wall. Laughable that this decision was based on “Refinitiv’s unwavering pursuit of growth!”

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Post ID: @Zn95Uth

19 replies (most recent on top)

But KYCaaS was going to be huge... Forecast to be $500m in 3 years in Adia alone without question...

What about the massive Singapore deal and Hong Kong and Australia and....

I'd look at the guys in Asia who pumped it to the max in presentations and never backed it up with results. Any accountability there or are these the guys throwing others under the bus?

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Post ID: @Zn95Uth-nbry

How sad... helping us find jobs supposedly , but announced partnering with Trulioo... KYC business.

This company has shown, u nothing but a number

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Post ID: @Zn95Uth-2dbn

Cape Town and Johannesburg have been axed as well.

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Post ID: @Zn95Uth-1ygp

Blackstone and Refinitiv, chop chop!

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Post ID: @Zn95Uth-1jfe

Hey remember when they told us how excellent this whole Blackstone deal would be for KYCaaS?

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Post ID: @Zn95Uth-1bau

And the hub talks bout welcoming India to the family. Hmm what family kick it’s member 🤔

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Post ID: @Zn95Uth-1lue

Preparing for the sale of risk business!

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Post ID: @Zn95Uth-vtl

And US

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Post ID: @Zn95Uth-nof

Penang, Bangalore, Gdynia and London

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Post ID: @Zn95Uth-pxb

In which locations are KYC employees located?

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Post ID: @Zn95Uth-lff

Refinitiv, next?

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Post ID: @Zn95Uth-pnp

Goodbye KYC, welcome KFC...

"Large French fries, sir?"

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Post ID: @Zn95Uth-rxk

Whats Kyc?

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Post ID: @Zn95Uth-ioc

India also going down! Finally, that quality brrrrr!!!!!

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Post ID: @Zn95Uth-fzb

They ended the call where they told us all we are being made redundant with, “enjoy the rest of your day”

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Post ID: @Zn95Uth-oer

Yes the whole business is winding down by end of the year

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Post ID: @Zn95Uth-sda

Any details so far? Are they planning to close all KYC departments like Bloomberg done?

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Post ID: @Zn95Uth-pir

yep...

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Post ID: @Zn95Uth-irz

yep

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Post ID: @Zn95Uth-mto

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