Topics regarding layoffs at Thomson Reuters

Topics regarding layoffs at Thomson Reuters

LinkedIn Learning Scandal

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 

Head of Corporates SMB leaving TR

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 

Negative Reading

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 brand value

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 

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Post ID: @OP+19w9mlzk

It finally hit me…

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 

Any regrets?

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 

TR in five years?

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 

They doctor the negative reviews on Glassdoor

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

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 

Have you received your 2020 W2s?

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?

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Post ID: @OP+19k3a91J

Where to look?

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 

Don't count on severance

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 

Are we really better than the competitors?

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 

A decent job - nothing more nothing less

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 

Cutting muscle and bone

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 

Layoffs Jan 2021?

Rumored cuts among mid/senior execs, Proposition Strategy and Product Org in first weeks of January. True?

Scary message from HR at TR

"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 

The rule of mediocrity

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 

Early Bonus Payout?

Can you get your bonus if you finish the year but quit after performance reviews in January? What is the earliest you can quit and still collect your earned bonus?

Why are managers protected?

Who is pulling the strings at TR? Is it new ceo s Hasker? Brian Pecc? Segment & sub segment leaders? Every year, front line workers are laid off but yet the managers remain, regardless of their performance. What value does it bring to TR and... — read more 

Are you already looking for something new?

*This may sound like an over reaction, however my advice to every single TR employee is to update your resume and begin to build your network and make it known you are open to opportunities outside of TR. You may have survived this round and the last... — read more 

Announcing DISCORD 2021

We're proud to announce that DISCORD 2021 will take place virtually throughout the Thomson Reuters enterprise beginning January 1st. Taking a cue from SYNERGY2020, Thomson Reuters has decided to be here now and host an internal users conference... — read more 

Severance Packages

How is severance in the US handled by new management? It used to be VPs had a year. Everyone else had 2 weeks per year worked. Is this still the case?

All done for the year?

It’s been quiet here for a little while. Are they done for the year? There hasn’t been much update on areas hit and numbers. In one of the threads, someone said severance was dependent on people not talking. Don’t think that was the case the last few... — read more 

Expect more layoffs, and not among management

There's probably around 22,500 staff working for TR at present. The company most likely has a predetermined "ideal" staffing level to be achieved over a number of years, assuming they're not going to sell up and go on to something else... — read more 

Hard to be positive

With all the cuts that happened it’s difficult to remain positive and it’s even more disheartening to watch my coworkers that were impacted. Two of these are colleagues that I’ve worked side by side with for years and who I am not afraid to admit... — read more 

Inexplicably awful behavior of former colleagues

*Try to remember that even if you are lucky enough to be safe this year, many will not be. They will have to keep coming in so that they can get a paycheck for as long as they can and severance. When I was laid off, not only was the management and HR... — read more 

Wondering ...

Who's going to pick up the work of those RIF'd in the latest round? There can't be that many actual workers left on the floor now, and I can't see outsourcing being a solution due to COVID. Also picking that TR will add insult to injury here and get... — read more 

Why are we being made to suffer?

Layoffs are ongoing over the next few weeks and we have no idea who will be impacted, how many, what departments or how it has been determined. All of these issues combined will only cause more anxiety, stress and DEFINITELY fear. Leave it to TR to... — read more 

Shame on this place

I am at a point where I hate this company. I hate it for devastating so many families at a time like this - and don't give me that "this is just business" c-ap. TR just eliminated experienced, hardworking employees who gave years of their life to... — read more 

Scared to death

I’ve never been fearful until now. This pandemic has screwed everything up economically. I am somewhat prepared, but I have family and friends who have been laid off in various industries and they are all having a difficult time finding employment... — read more 

Bonus when laid off?

US people laid off in past years' Q4, did you get paid your AIP bonus as part of the severance agreement?

Layoffs in November

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 

Stamford, Boston, Hoboken offices closing

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 

How ironic!

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 

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