US people laid off in past years' Q4, did you get paid your AIP bonus as part of the severance agreement?
Topics regarding layoffs at Thomson Reuters
Yes, there are usually layoffs in November with this company. Don't we know it. However, they have been going on for nearly a decade now, which begs the question: Why? TR management get paid large salaries and all they can come up with as a growth... — read more
Didn’t see this mentioned here yet, but 3 offices closing and reducing footprint at 3XSQ, while in-line with the direction from a few years ago of decreasing real estate footprint, is a bit newsworthy. As far as I can tell, no layoffs... yet. But... — read more
The company seems to be making much lately of suddenly caring for employees' mental health, eg the mental health day next month. Call me very cynical, but it's a pity the company didn't exhibit such a "caring" attitude when it quite happily laid off... — read more
If you give a two weeks notice at TR, do they let you finish out your two weeks or do they terminate immediately and pay you out the last two weeks or not pay the last two weeks at all?
I'd be interested to hear people's thoughts about ageism and people being being RIF'd for what would seem to be poor performance in the latest round of layoffs. Couldn't help but notice that the majority of people laid off in my area were 50+ and... — read more
In cleaning out some files, I came across documentation that my former boss wrote about me just prior to the RIF. Lies. Outright lies, unfounded information. Ha, and this while emphasizing "positive intent." Glad to be away from her. What... — read more
There's more and more panic because they have RIF'd so many of the employees who actually generate product and services that generate income, that it is having an effect. They were looking for a quick fix by cutting costs, ie RIF'ing employees and... — read more
What do you think Brian P. is announcing in this meeting?
May not be many of us left and some have gone to refinitiv. Has anyone experienced getting Pension statement this year which shows wrong salary and therefore wrong predicted pension? Has happened to a number of people and could be important if you... — read more
Got an insider tip that layoffs will not occur. Instead the company will find ways to set up employees to be fired on made up reasons. Watch yourself and start looking asap!
All hands call hosted by Hasker today. He seemed to be shifty. Brian P spoke briefly and acted nervous. Doesn’t seem like the company as a whole is doing well. Hasker said the same Mumbo jumbo about “please our customers” but gave no concrete... — read more
It seems pretty calm, new CEO must be assessing next steps, but the old senior management is getting removed one by one, so how does that bode for the people they chose to be segment leaders. We are at a stand still and there is a calmness in the... — read more
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.