Have seen top executives (VP's) leaving TR Carrollton office. Now all new technology positions are opened mainly in Canada and few in MN. Is the Carrollton office next in line to shut-down?
Topics regarding layoffs at Thomson Reuters
Business Reuters website goes behind paywall in new strategy April 15, 20213:34 PM PDT The Thomson Reuters logo is seen on the company building in Times Square, New York. REUTERS/Carlo Allegri Reuters News (TRI.TO) on Thursday unveiled a new... — read more
The only people left are the ones that either can't find a job, or have a really sweet gig, and holding on until they are told to leave with their severance. The mass exodus in talent over the past few years is astounding. I watched people be forced... — read more
Considering that the company is made up of people who are its most valuable asset and that the best and most professional people are laid off or have run away from here, this is no longer the same company I came to a few years ago. I believe that... — read more
I'm thinking of moving to a smaller company because a lot of my former colleagues have moved to smaller and even startup companies. Apart from the fear of a new beginning, I have several dilemmas as to why it would be good or bad to make such a move... — read more
I often hear that the talent of TR employees is much more valued in other companies. I believe this to be true and in this regard I am interested in how much you feel underestimated here? I have also noticed that many are not aware of how much they... — read more
Fortunately I left on time because I hear TR is now lowering benefits and severance. Is that correct, I would like someone to confirm and give me more details? It wouldn’t surprise me at all. Severance was the only thing that was good in this... — read more
As someone has already mentioned here, TR is losing the greatest experts at high speed, and the bench is not deep. Do you think TR can recover quickly? I hope so, but I doubt very much that it will happen any time soon. Such a loss of expertise... — read more
Rumor has it that leaders of the customer service, order processing, commissions, data analysis, AR, & sales operations are next to go. Everything is a complete mess and many of the leaders and staff are not at all qualified or equipped. The... — read more
What they are doing with severence is shameful, as is what they have done with the pensions before. However, nothing surprises me anymore. I stayed here a little longer, just because I was waiting for severance, but there is no chance that I will... — read more
Does anything else feel really uncomfortable with the mass exodus of upper management (Charlotte R, Swatti G, Hideo E, John O, Sajel) timed with an update to our severance pay and a town hall meeting next week? Combined with the massive increase in... — read more
Be interested to know if anyone has seen many instances of people being laid off due to their positions being disestablished, only to find some time later that those positions have re-established themselves and have been filled by someone new. .. — read more
It would be good to hear other people’s thoughts on this topic. As for the CEO referring to “needing to attract younger talent”. First, interpret that as meaning young equals cheap to hire and keeps expenses low. Second, is he saying there is little... — read more
People are dropping like flies! There are people quitting or being let go all over the place. Is there something big going down?
Anyone know what Cobra rates are. I'm single and have the cheapest plan with hsa. What is all available?
I’m another one of those still here waiting for the right opportunity for a new job. It is a real race against time, seeing that I am less and less motivated to work here, and more and more disappointed that the new opportunity is still not there. I... — read more
Now that the promised 12% percent reduction in TR's workforce between 2018 and 2020 has actually happened, I can't help wondering if TR's customers have truly benefited. Are they getting a better service? Have products truly improved? How current... — read more
Visionary leaders? The only vision TR has is to make lots of money for its shareholders. Period! Employee loyalty and going the extra mile means nothing. The only plan they have to grow the company is to cut costs and RIF people, even if it means... — read more
Recently laid off from legal but found something else right away. Concerned about its fate. Did TR hire the right VP who micromanages people levels below (never seen that from a VP), hired a close friend as a Sr Director right after COVID hit and... — read more
I never thought that I was better than others, but I subordinated my whole private life to this company and I really loved my job so the layoff really surprised me. In essence, only now from a short distance can I better understand what it is like to... — read more
I'm most likely taking a new job. What is the requirements to collect the full yearly bonus at TR? Is it March 31 or am I already entitled to it?
I used to love what I do, but TR has managed to beat that out of me. I probably should have left before it came to this point, but it was a gradual process and it didn't hit me until it was too late. Now I'm not sure what to do. I'm too old for a new... — read more
In light of the Coca-Cola diversity training scandal, will TR scale back the LinkedIn Learning campaign currently being shoved down employees’ throats? Who is monitoring the content to avoid TR not being called out on by media like Fox News for... — read more
Just announced. Head of Corporates SMB (A. Egan) leaving TR. It was made to sound like the Head leaving to take time off but begs the question if they were asked to leave given the bad performance of SMB and the many complaints. Thoughts... — read more
I visit here periodically to see what’s been happening. It’s one negative post after another, and it’s been going on for years. Either there are lots of disgruntled current and former employees (gee, I wonder why that would be), or this company must... — read more
TR employees used to be highly valued in other companies. Is that the case today? It happened that a colleague I used to work with applied for a job in a much, much smaller company and he was convinced that having TR on his resume would help him... — read more
I really need to get out of here. I’ve been putting up with bullying for far too long. I thought about going to HR about it, but everyone knows how that would turn out. I can find nothing…and I mean NOTHING good about TR and it’s literally making me... — read more
I’ve been thinking of leaving for a while, but I’m honestly afraid to take that first step. I’ve been preparing myself financially in case of another layoff and now I’m at the point where I have over a year worth of savings. I’m seriously debating... — read more
Some say the company will not exist at all. I mean, nothing would surprise me, but what is the probability that something like that will come true? I personally do not believe that ways are being sought to sell this company. Just about anything we... — read more
I left TR willingly a while ago and when I'm bored I check the reviews from former employees on Glassdoor. They so clearly either pay people to write fake glowingly positive reviews and/or they delete the reviews that are honest and negative while... — read more
It is truly sad what has happened to TR, the HR folks are totally complicit in all of this. Never have I ever seen a group of people that were nothing other than a hired set of executioners and yes people than this group. I have sat in more meetings... — read more
I have not received mine and have been contacting the HR Service Center and they put you on hold forever (20+ minutes). Anyone know where to go besides the IRS?
Never before have I wanted to leave this company as much as I want to these days. Apart from the fact that it became unbearable for me, I am a little tired of working here. I would like to change my job, so I’m interested in what you think where the... — read more
Somebody mentioned this in one of the other posts and I think it bears repeating. If you are laid off, the company is not obligated to pay you severance. There's no law that requires it. The company can give it and usually does to avoid any future... — read more
TR is my first job. Some acquaintances work for our competitors and when they tell me about their experiences at work, it seems to me that the grass there is much greener. I'm even starting to think about applying for work there. Is there anyone who... — read more
Unfortunately there is no career potential anymore at TR, it is more hang on, enjoy a good quality of life, until they RIF you. It is no more than a 35 hour a week job, decent pay, good benefits, totally appropriate for people who that... — read more
A customer wants to know the price before purchasing. Seems reasonable. But the information is missing on customer- and sales-facing systems, and anyone who last year would have known the answer has either been reassigned or fired without... — read more
Rumored cuts among mid/senior execs, Proposition Strategy and Product Org in first weeks of January. True?
"go back to leaders who are high in exceeds and have them ‘prioritize’ the exceeds and move some to achieved. They may also need to look at ‘achieved’ to ‘partially achieved’. We need to be really diligent with ratings as these will be used in... — read more
I get sick when I see incompetent people progressing here. They assign them to positions where they have nothing to offer. Experience and skills seem to be becoming less and less valued in this company. This is devastating, especially since the... — read more