When will we start cutting the people at the top ? those people who need to take some accountability for where this company is. Too many are more interested in promoting themselves on social media (they know who they are) and hopping around the world... — read more
Why Good Employee Leave? (Source: David W Richard)
A study came up with the surprising finding: If you're loosing good people, look to their immediate supervisors. More than any other single reason, he is the reason people stay and thrive in organization. And he's the reason why they quit, talking... — read more
3,200 job cuts by 2020
This nightmare is not gonna end soon. https://www.bloomberg.com/news/articles/2018-12-04/thomson-reuters-confirms-about-3-200-job-cuts-by-2020
Layoffs continuing today?
From what I'm gathering, this week is going to be bad. The only location that was hit so far yesterday was Eagan, but we can expect more to be hit throughout the week, including today, right? In that case, any ideas on what else is about to be hit?... — read more
Rick King cashes in
Rick King, mastermind behind this latest dismantling of Thomson Reuters, has sold some/all of his TR stock for 1.7 million Canadian... — read more
Where is the CEO?
Where is the CEO in all of this? We hear from the COOs — a video here and a post there— but the CEO has been fairly absent in internal communications over the last few months. Also, it doesn’t feel like there is anyone leading the Legal Business and... — read more
Personally I enjoyed my years working for both and enjoyed my job.
I worked for Reuters and then TR for 11 years and the atmosphere of fear and bullying sounds like a different company to the one I worked for. I was based in London office and then spent some time in Europe also working for TR. Personally I enjoyed... — read more
The board is basically dissolving the enterprise
14 years ago, we were high on the idea that Learning, S&H, Finance and Legal (which included Tax at the time), had massive synergies across the multiple markets, and the combination of these assets would become an immutable force in the knowledge... — read more
The Last 30 Days.....
So, this is what the media/government calls a "Booming, Best Ever Economy in America!" Layoffs ONLY IN THE LAST 30 DAYS, and for every layoff reported publicly, at least 10 happen quietly or without media attention. Major layoffs have been going on... — read more
TR going down the drain.
Even long time successful parts of the TR corporation are in danger of going down the tubes thanks to this terrible handling of this re-org. "New TR" must mean "NO TR". Seems everyone I talk to now in the office has no idea why things are being done... — read more
Their sneaky way
I don’t know how others feel but walking into Kennedy office each morning is getting harder and harder. Stressful!! We have no idea who has been let go or even the number of people. I get the feeling they don’t want the public to know. Might look bad... — read more
Dancing to the beat of the drum
I imagine HR is under a lot of stress and pressure too, and I don't think they're in control of any of the timelines, which are being dictated by senior execs in Eagan and consultants elsewhere. In an ideal world the layoffs would happen all at once... — read more
So much this!
I hope @WnuWxRN-esd doesn't mind me reposting this, but this is exactly how I feel. I don’t know how others feel but walking into Kennedy office each morning is getting harder and harder. Stressful!! We have no idea who has been let go or even the... — read more
Just when I think we are done
Just when I think we are done, I hear about another place being hit with layoffs. I'm now at a point where I'm mentally preparing myself for everyday layoffs being a part of our reality for good. I think it's really sad that this is how low the... — read more
Layoffs announced in Canada Scarborough office
Almost 80% IT staff has been told that their last day is Mar31 except for those who will be employed by TCS. They are showing this as a favor that enough notice is given but actually all this is being done to give enough time for transition to an... — read more
Transfer of Tax to Texas
A while back, there was a rumor that TR planned to move all NY tax editorial work to Texas. Instead, TR moved its NYC tax editors from to Hoboken. When is lease up in Hoboken?
Got riffed now can’t access 2019 benefits. Am I only one?
I tried to reset the password with my birthdate and it can’t find my I’d anymore.probably because I was riffed.called multiple times and got promises to send new password but no help.
TR announces share consolidation
As the article states Thomson Reuters announced the consolidation of its shares at a rate of 1 pre-consolidation share for 0.9079 post-consolidation share. with this move, TR plans to achieve a return of capital in the amount of $2.3 billion. The... — read more
So are layoffs done in Tax & Accounting?
Have layoffs been completed for Tax Professionals? Can we breathe again?
Unethical/illegal activity at TR?
Knowledge of fraudulent accounting practices. Post what you know or heard about unethical and/or illegal activities taking place at TR by management.
"No Raises Next Year"
Anyone who thinks worst case scenario is "No raises" is in their own little world of make believe. Here's reality Dorothy, many of you will be very lucky if you make It through 2019 with a job, nevermind a raise. How can anyone watch the bloodbath at... — read more
Numbers laid off?
So how many Thomson Reuters employees so far have been sacked in the recent purge?
When will it end?
It might be nice to have some non-vague communication. Of course, TR is what it is, and why it is where it is.
Carlsbad office closed
The Carlsbad office was closed today.
Sounds familiar?
Found on another page, but I had to share. I think everybody will realize why by the end of it. A Japanese company and a North American company decided to have a canoe race on the St. Lawrence River. Both teams practiced long and hard to reach their... — read more
Corporates dept is big s--- up to accounting firms
Company has grown a certified implementer program where they promote accounting firms. There's some good people in this group at TR who also add value, but there's a lot that are nothing more than glorified butt kissers. This is one of the many... — read more
Lausanne Billing office hit badly
Switzerland: ~110 employees out of 180 to leave the office in Lausanne by May 19. That’s where the billing is done. Even though it was a Refinitiv place, they are under TSA for 2 years. Yeah, TR transferred all its European billing to Refin., then... — read more
The possible outcomes
Seeing the playbook TR has followed for years it is more likely it sells something like LMS, Findlaw, Print, TRSS, Clear or any other easy carve out operation to a strategic (Big 4 / Lexis). The sale of a large BU (Healthcare, IP&S, F&R, etc.) would... — read more
New FindLaw Job Postings Reference Refinitive
Anyone else notice this?
The cuts in Canada are not over
Tax Canada is done, apparently next week we hear is Marketing Canada next week and Media and then Sales in Jan 2019. Tax Canada was hit pretty hard , one person could have been let go and they would have been fine but four gone is too many, people... — read more
RUMORS ABOUT SALE OF TR LEGAL?
if you have heard anything, please post.
Here’s what will happen to the Rochester property
Thought this was an interesting article. Now that it’s clear that the Rochester office will be definitely shut down in September, this article sums up the possibilities of what will happen to the vacant property in Rochester, after the office space... — read more
Our customer-centric organization
Did you know that the new Thomson Reuters will be so customer-centered that the customers are going to have to do everything themselves while paying a premium? By the time the bleeding stops, there will be no one left who knows product and process!
What's there to be thankful for?
Thomson Reuters really killed any enjoyment I might have gotten from this Thanksgiving. I can't just stop stressing on command. I hate that this is affecting me so much that it will ruin one of my favorite holidays for me, but I just can't escape it... — read more
Product management and support cut in Ann Arbor. Who is next?
I can confirm that product management and support have been cut in Ann Arbor. The social selling team is history. Of course, they cut them right after Synergy. Next on the chopping block is sales and marketing. There is going to be significant... — read more
Ruin Thanksgiving in Four Words
Ruin Thanksgiving in Four Words _ ___
Change is a constant
Thomson Reuters just tweeted this out 10 minutes ago: Change in the workplace is a constant, learn to use it as an opportunity to benefit yourself and your organization or get run over by it. https://tmsnrt.rs/2AcqEOu
Lay off In TaxCanada
4 people laid off in ax Canada 3 visible minorities and 1 whit person, that leaves 1 visible minority in the department - you could talk about Diversity all day but in the end minorities are the ones to go first because all of the... — read more
304 employees to be affected by the Rochester Layoffs
In a notice that was filed with the New York State Labour Department the company formally stated that 304 employees are going to be laid off. Can we take these numbers as final, given that they were mentioned in an official filing, or can we expect... — read more
Corporate all hands
Head of corporate P iotr holding all hands call now. Why does he say “listen” in a condescending tone so much.