Topics regarding layoffs at Thomson Reuters

Topics regarding layoffs at Thomson Reuters

LMS all hands on 3/20

Did anyone attend or hear what happened? We were told it would be comminicated to us.

Even health care providers know how bad it is

I saw a doctor today who sympathized with me and the Thomson situation. She has a friend who left a few years ago. She totally understands how miserable it is working there now. So even people on the street as it were know what's going on. The Jig Is... — read more 

Flattened organization

We were told the new "flattened" organization would make things simpler Am I the only one finding it more complicated? My new manager has no time because he has so many people reporting to him. It's impossible to get answers and he has no idea what... — read more 

Copyeditor, not Ecitor

My position as Director was eliminated as of 12/31/18 after almost 30 years with TR, back to the WG&L days. Just before I left, to help with a year-end deadline crunch and transition, I reviewed a journal article edited by a lower-level editor with... — read more 

Why hiring new people when layoffs are happening?

Toronto and Dallas are hiring across functions in Legal and Corporate yet the same divisions laid off people a few weeks ago. What’s happening? If the new hires were fresh college grads, would have understood why. They are hiring experienced folks... — read more 

Any chance more voluntary buyouts will be offered?

I wish my team was among those who received the VSP option - I'd jump on that opportunity in a flash. I'm hoping more will be offered in the following weeks or even months. Do we have any indications that this might actually happen? That Thomson... — read more 

Canadian Housing Bubble WAS The Economy, and it has Popped.

Housing/Construction and related industries make up about 20% of Canadian GDP, which is off the chart too high, making for a very unstable economy. Economies should be driven by real industries, not housing bubbles. Canada has already entered a... — read more 

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Voluntary Separation Program (VSP)

Voluntary “buyouts” announced for Hoboken and Dallas employees today. They need 5 employees from each location to accept the package. Last day would be May 31st. You get two weeks pay for every year worked paid out on your bi-weekly on the regular... — read more 

Future of TR leadership and bonuses

Saw this: https://www.bizjournals.com/southflorida/news/2019/02/21/thomson-reuters-ceo-smith-buys-second-condo-at.html Does this mean that employee bonuses will also be higher this year? Is JS setting up for retirement? Who will be his successor? I... — read more 

More layoffs in March?

What are the chances we'll be looking at even more layoffs in March? I've heard it mentioned a few times as a possibility.

Salary freezes?

Does anyone know if the rumor of salary freezes is true? Many people promoted into new roles were made offers to switch laterally and fast with the verbal commitment that salary would be negotiated later. Will this even happen if salaries are frozen?

TR has always handled the workforce through attrition

TR has always handled the work force through attrition. In my opinion it's a very fair way to reduce the headcount without layoffs. I was replaced by staff in India and laid off a few years ago. I worked for TR for many years and really have nothing... — read more 

Circus all around

https://www.thedailybeast.com/reuters-staffers-to-bosses-stop-ignoring-complaints-about-manager-misconduct

Legal ASM and employee survey

Jim S, Neil S, Brian P and Mary V were all on stage doing a Q&A with a Reuters journalist. They did a live texting poll where they asked attendees if they were excited with the direction the company was headed. 80% responded NO and the executives... — read more 

Martens conference today

More org changes in mid March as they move "resources" around even globally. We are actually said that they're considering shifting resources from London to the US and vice versa. And that the costs do not outweigh the benefits. Well as a homeowner... — read more 

Severance and Unemployment TR New Jersey

My position in Hoboken was eliminated 12/31/2018. Severance package is for a year. Does anyone know if I can claim unemployment benefits during or after the severance period? I filed a claim, got a notice of benefit determination with a weekly dollar... — read more 

I'll pass

One of the things in my severance package was an offer to join the TR Alumni Association.

Survey

Leaving or staying, make sure you are honest in the survey tomorrow.

Contractors only

It's extremely annoying that the company is hoping that people will retire or quit because of such low morale. And the only jobs postings out there are for contractors because they're too cheap to want to pay benefits. I find this disgusting. They... — read more 

Southwest trenton nj office

Is it true that the southwest trenton nj office, the home of regulatory regulation and compliance system conpliance is closing? This office is very important and has the leading product the the regulatory regulation compliance visualization market. I... — read more 

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Many in Rochester getting their end date on Wed 1/16

An Eagan HR person, no idea their level or importance, will be leading a meeting Wed afternoon for nearly 50 Rochester employees. My guess is we're finding out how many people were accepted for the work at home offer, and when the rest of us are... — read more 

Got an "agile learning" email

Who knew we needed a head of Business Agility and an "agile pilot program" with "agile squads?" Stop the insanity!

TR Q4 2018 results on 26 Feb

We should hopefully have a better idea then. Don't rely on press coverage, dial into the call and read the presentation materials yourself... — read more 

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Legal Professionals Town Hall

What were the main takeaways from BC’s webcast? I thought there was little substance. Correct me if I’m wrong. Heavy use of buzz words: customers, agile, this and that. Very little transparency on priorities: get more customers — really? Manage... — read more 

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Post ID: @OP+X7VkpfY

THE OLE CATCH 22

you know what it is - your manager puts you in an impossible situation that either directly violates the trust principles or puts your job at risk. it happened to me. did it happen to you?

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