Topics regarding layoffs at Thomson Reuters
What are the plans for the annual Tax Professionals meet up? Delayed? Cancelled? And what about the fate of the Events staff that plan and administer it?
Nothing about potential layoffs or downsizing, only feel-good stories about the resilience of the company. I expect the purge this November to be as sudden and cold as it was last time.
While other large companies and municipalities doing all they can to assist people and employees such as moratoriums on layoffs, forgiving rent, no evictions for 90 days, taxes extended until July, special pandemic unemployment insurance and federal... — read more
When you look at the segments, Tax, Corp and Legal, which group is in the best position to whether the storm. Tax looks like it's going to be even more brutal than last year with the tax deadline extended, which means that the selling season is... — read more
What are people’s thoughts on COO Brian Pec.? A lot of employees are frustrated with him bc of his lack of leadership during the covid crisis. Management seems to be happy with a “do nothing” approach while the lower level workers suffer drastic... — read more
it's pretty clear by now that the health crisis is also spilling to a corporate and financial crisis. where's the coverage? i mean, features, general news stories and all are interesting, but where's the equities coverage? do reuters corporate news... — read more
TR must be in a bit of a quandary. The number of workers left on the floor from the last cull must be greatly reduced, exposing just how top heavy the company is with managers - all drawing large salaries. If the Covid crisis is to be used as an... — read more
Email from CEO Steve Hasker this morning informing that COO Neil Masterson is leaving TR. There is speculation that the Chief Product Officer Salim Sunderji will be leaving TR soon as well as there is displeasure with his work or lack thereof... — read more
Has TR announced anything in regards to hiring, layoffs, furloughs, in regards to COVID 19. I assume they will or have put on a hiring freeze, which makes complete sense, however I would also think they would use this as an opportunity to reduce... — read more
It would appear that ageism was a factor in the latest cull. Many corporates proceed with layoffs knowing that bringing lawsuits takes money and is well out of reach of the average joe, especially older workers who often not in a position to fight... — read more
UK lockdown rules: People must stay at home, unless.. Shopping for basic needs 1 form of exercise a day, alone or with members of household Medical needs or to help a vulnerable person Travel to and from work, if absolutely necessary ... — read more
I've noticed several job vacancies in our area have been vacant for some months now. Anyone else noticed this in their areas?
Wish this board had polling capabilities, but who on here still works for TR? Who here doesn't? Anyone been laid off hired back? Felt inspired to ask from prev post regarding thanking former employees from last year for bonus, with others... — read more
Today I had my Annual Compensation Meeting and I want to thank all of you those who worked for TR in the past for your contribution towards the bonus I got. Although it's not a huge amount, every dollar counts and it is part of your dollars.
The 3200 position cut number was announced in 2018. Anyone know how many of those positions have already been eliminated and/or what we can expect moving forward in 2020?
Discuss if you have something to add or ask a question.
From the Reuters Twitter Feed: Just one American with coronavirus still in hospital: Vice President Pence reut.rs/39cifdZ
I suppose we will see what kind of shakeup this creates. JS was already sending out early morning emails saying that nothing has been decided (also reported in the... — read more
When the 2018 round of layoffs first found its way into the media it was sold as a unique opportunity for the company to reshape itself for way better things. Eighteen months on or so, I'm struggling to actually understand what better things have... — read more
TR president of corporates (P.M.) resigned effective immediately. No explanation given as to why he resigned.
Just wondering whether anyone out there ever learned the actual criteria TR used to select people for being laid off in the latest round? I saw some really good people laid off - makes me wonder how they decided who was to go.
How many work at the company? What is the overall employee count at NYC?
I would get out of findlaw ASAP. Honestly legal I’m general doesn’t know up from down at this point.
There's been a change of titles for many people in Hoboken. Anyone have any guesses or insight into what this means?
The dev team in Beijing (z-park) is being laid off and a few offered positions in Toronto instead.
Lol. We fired a bunch of people around the country and now we're having trouble hiring enough replacements in a single (midsize?) legal market with low unemployment. Don't get me wrong, the Twin Cities are great, but thinking you're going to fire... — read more
More long time employees losing their jobs so they can be shipped to Costa Rica.... geez unreal these people have given TR so much & this us what they get .... incredibly sad times & financial heartbreak ... Merry Christmas sure
Where did the donation to charity go in place of the staff Christmas party ?
Just learned that MSP office is apparently offering to entice current staff to refer prospective employees to the company as attorney editors. I don't believe this is a credible attempt to hire people as employees (only poorly paid and uninvested... — read more
Have you heard anything about potential Thomson Reuters Layoffs 2020? Any news or rumors?
Communication on basic things such as the health care renewal and distribution of turkeys has been solax this year. I have not heard a word about them giving out the turkey vouchers. Maybe I missed it but is it me or did they just stop doing it... — read more
Service issues are no longer addressed and tickets are unanswered, were layoffs done in Hyderabad as well?
Annual Axe dropped in Eagan this week... How’d everyone come out?
https://www.ft.com/content/ed533f68-f711-11e9-a79c-bc9acae3b654 Can they actually do it?
Thomson Reuters has begun the search for a chief executive to succeed J.S. who has led the $34 billion professional information group since 2012." Search firm Spencer Stuart is in charge. "The search was at an early stage, one said, with the handover... — read more
Is anyone bothering to complete the organizational health survey, and if so, what are the chances that it's safe to be honest? Why does the company even pretend to care at this point? It is obvious they consider everyone expendable.
layoffs witnin refinitiv yesterday. people found out in the AM they wouldn't have jobs today. heard something like 200, mostly in tech. not clear if it was just eagan or globally
Is anyone else nervous about the annual layoff time? It seems like the messages from upper management continue to be "rah rah we're so great...empowered and customer focused." They're clueless about how bad morale is so I wouldn't be surprised if... — read more