Thomson Reuters Layoffs

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Topics regarding layoffs at Thomson Reuters

500 laid off in IT

Same thing happening again, another 500 in IT affected, Jobs going to Tech Mahindra India. When will people learn that transferring most of IT to a different country does not work! It creates more problems that end up costing significantly more than... read more
by | Post ID: @QGdLUYV
222 views | no replies

Mantra: Process over Product

Follow the process; follow the process; follow the process. Sounds like the Philadelphia 76r's. Well, it's true here as well. Don't question what is being done - just do it - even if you know its a piece of __it. We'll meet our objectives that way... read more
by | Post ID: @QB5c5TS
182 views | no replies

Employee Appreciation Day

Woohoo! Show your appreciation - here's how! BUY a helium inflated balloon; GIVE it to someone you appreciate. It'll hang at their desk for everyone else to see! Those desks without any balloons - you're the un-appreciated. Is this kindergarten?
by | Post ID: @QvrnSYr
135 views | no replies

so much red tape

maybe we could move forward if the company simplified its reporting system... decision making is so painfully slow sometimes due to its matrixed structure... the red tape doesn't help one bit... and a lot of times when something goes wrong or... read more

Profit means more than competent employees

I know profit is important to every company (gotta keep those shareholders happy,) but you can't put it above competent employees. If you are willing to give up your best employees for a quick bump in profits just for that quarter, it'll affect the... read more

Turning the Screws a little tighter each day

Mgmt has started nitpicking everywhere at everything. Looks like we're going to do a last minute layoff just before year end. Everyone is being dinged for the tiniest infraction. Employees are told they need to have a zero percent error rate, an... read more

Train people better!

This is becoming ridiculous. My department isn't able to hit our quota because we're constantly losing good, experienced sales representatives wh--e being replaced by new employees that receive poor training (if any.) Management both lacks knowledge... read more

Toxic work enviroment

I am not sure office environment at Thomson Reuters can become more toxic than it already is. Working here has become a nightmare. Managers will use any opportunity to belittle and scream at the employees without any regard for decorum and... read more

Smaller offices are in danger

I read somewhere that TR is trying to consolidate to 5 main offices so, i guess they're going to keep hitting the little offices until there are no more places to hit. IMHO i dont think we are doing well in any of the arms of TR. profits have turned... read more

Outsourcing has started at Thomson Reuters

Outsourcing to Tech Mahindra has begun in NYC , Bangalore and Eagan . Several hundreds of employees were moved to Tech Mahindra same time last year and it's happening again this year . Developers and QA are being outsourced. This is happening across... read more

Checkpoint / trta / knowledgesolutions

Checkpoint / trta / knowledgesolutions has not had layoffs yet. We have been augmented with developers in epam though! Tech Mahindra may come knocking soon. Rumor is 500 outsourced to Tech Mahindra in EAGAN, MN. At this point they execs are not even... read more

2018 Layoffs at Thomson Reuters

the business of F & R has remained flat for many years and only way to show growth in profit (EBITA) is to layoff . We hear even Bloomberg has been cutting its Sales force and focusing towards R & D. It's true that TR (F& R -USD 6 Billion)has 2X... read more
by | Post ID: @Pq3vESU
1013 views | no replies

Layoffs

Business of F & R has remained flat for many years and only way to show growth in profit (EBITA) is to layoff . We hear even Bloomberg has been cutting its Sales force and focusing towards R & D. It's true that TR (F& R -USD 6 Billion)has 2X manpower... read more
by | Post ID: @P8YBDId
773 views | no replies

Ann Arbor / Benefits are not great

Boeing health benefits are not that great - they used to be much better and people used to brag about it - no more bragging any more as they cut that to the level that's actually pitiful. In Support, the hours get brutal and you don't get much... read more

layoff in oct 2017

according to the very insider info, David Craig who has been the president of F&R will leave in Aug 2017. and debra walton (currently chief product officer) will replace him. the business has struggled to grow since last year and most growth is due... read more

F&R and Technology

Nearly all F&R-related developers in San Francisco have also been let go. Confirmed some dev groups in Bangalore and Bangkok have been cut as well. They're reducing headcount across the board in F&R and Technology, not just in the higher-cost... read more
by | Post ID: @Kq5JFsJ
1157 views | no replies

Layoffs have begun

The layoffs seem to be focused on the engineering side of Financial and Risk. This coming just weeks after all of Eikon's QA team was outsourced to Tech Mahindra... Engineering is just getting gutted. The Eikon platform is going to really suffer for... read more

massive layoff to be announced in early nov

According to finance team, there will be a massive layoff to be announced in early November during the Q3 earnings report. Some top management have been told to leave the company and there's also a new structure from sales GTM to product management... read more

What a hectic place

This place is so hectic, every few month there is a reorganization- layoffs, then hires, then layoffs again, bet all those consulting companies are rubbing their hands. Transformational projects my a--, they just try to make investors happy. I’m so... read more

Start cleaning from the top

This house needs to start the cleaning from the top. Senior management is so disconnected, so bias and incompetent. Looks like every move they make is against their own employees, not a move for improvement. They definitely need more healthier... read more

2015 and 2016 Layoffs at Reuters

This may be the worst period in our company history, we are under pressure from multiple sides and we may be closing offices and laying poeple off very soon
by | Post ID: @DD0NPLT
1022 views | no replies

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