Thomson Reuters Layoffs

Topics regarding layoffs at Thomson Reuters

Criteria used for latest round of layoffs?

Just wondering whether anyone out there ever learned the actual criteria TR used to select people for being laid off in the latest round? I saw some really good people laid off - makes me wonder how they decided who was to go.

New titles = better pay?

There's been a change of titles for many people in Hoboken. Anyone have any guesses or insight into what this means?

Findlaw

I would get out of findlaw ASAP. Honestly legal I’m general doesn’t know up from down at this point.

Having trouble filling attorney editor positions

Lol. We fired a bunch of people around the country and now we're having trouble hiring enough replacements in a single (midsize?) legal market with low unemployment. Don't get me wrong, the Twin Cities are great, but thinking you're going to fire... —  read more 

More layoffs at Kennedy Rd today

More long time employees losing their jobs so they can be shipped to Costa Rica.... geez unreal these people have given TR so much & this us what they get .... incredibly sad times & financial heartbreak ... Merry Christmas sure

TR Christmas party

Where did the donation to charity go in place of the staff Christmas party ?

Anyone bothering to complete survey

Is anyone bothering to complete the organizational health survey, and if so, what are the chances that it's safe to be honest? Why does the company even pretend to care at this point? It is obvious they consider everyone expendable.

No more turkeys?

Communication on basic things such as the health care renewal and distribution of turkeys has been solax this year. I have not heard a word about them giving out the turkey vouchers. Maybe I missed it but is it me or did they just stop doing it... —  read more 

Hypnosis via Apple watch

Just learned that MSP office is apparently offering to entice current staff to refer prospective employees to the company as attorney editors. I don't believe this is a credible attempt to hire people as employees (only poorly paid and uninvested... —  read more 

J.S is on his way out.

Thomson Reuters has begun the search for a chief executive to succeed J.S. who has led the $34 billion professional information group since 2012." Search firm Spencer Stuart is in charge. "The search was at an early stage, one said, with the handover... —  read more 

Nov Lay-off

Annual Axe dropped in Eagan this week... How’d everyone come out?

Global Service Desk

Service issues are no longer addressed and tickets are unanswered, were layoffs done in Hyderabad as well?

New head of legal named today

https://finance.yahoo.com/news/thomson-reuters-appoints-tony-kinnear-110000297.html Another shakeup. Tony Kinnear is now head of Legal. There is also investor pressure to replace the current head of Corporates as it is not doing as well as... —  read more 

Reuters turnaround?

https://www.ft.com/content/ed533f68-f711-11e9-a79c-bc9acae3b654 Can they actually do it?

Layoff season

Is anyone else nervous about the annual layoff time? It seems like the messages from upper management continue to be "rah rah we're so great...empowered and customer focused." They're clueless about how bad morale is so I wouldn't be surprised if... —  read more 

refinitiv

layoffs witnin refinitiv yesterday. people found out in the AM they wouldn't have jobs today. heard something like 200, mostly in tech. not clear if it was just eagan or globally

richmond office layoffs

richmond office challenged with 10-15% head reduction. timeline tbd. they lost their protection when ciso left.

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Large Corporates reorg- Aug. 2019

Annual reorg time. Large corporates is being dismantled and broken into 4 segments - Strategic, Europe, Large Accounts, Corp Investigative. Marc Mehlman will lead the Strategic group. Wondering how this will impact current sales executives in... —  read more 

Perception

What’s the perception of the TR board of directors when they agree to sell 55% of F&R business for $17 billion and the company they sold it to then resells it for $27 billion less than 12 months later ? David Thomson said it was sold to cheap ...but... —  read more 

More layoffs at Kennedy (Carswell)

Another team gone, at least a half dozen people. Soon both the 11th and 8th floors will be mostly empty. They're going to shrink this office until we fit in a shoebox.

Nobody wants Reuters

Truth is neither Refin nor TR really wants Reuters. Costs have been uncontrollable, there's no differentiator in the segment that actually makes money, and the margins are laughable. The problem is, who would want to buy this money-losing pit? Sad... —  read more 

I stopped caring a long time ago

And I stopped giving it my all. Actually, since I know my days here are already numbered due to my age and years with the company - I'm not even sure how I survived layoffs so far - I've been doing the bare minimum required. And I know I'm not the... —  read more 

Rochester Job Posting

Indeed had a Rochester posting for Software Engineer. Mistake? Didn't they let them all go? https://www.indeed.com/viewjob?jk=1a9e229f73126625&tk=1digrk2m0hml8802&from=serp&vjs=3

New job after 60 is possible

I was laid off at the end of 2018 after 12 years at TR--and at 61 years old, I thought I'd never find another job. Well, it took five months, but I have a new job, so it IS possible. Yes, I did have to compromise on pay (I'm only making a little more... —  read more 

Carving up Reuters

Can they carve up Reuters for sale? Sell the financial news to LSE and the multimedia whatever to whoever actually wants to buy it Reporting @Z5Ya8ZF-1nfk

Layoffs in TR Risk

10% of TR Risk (what’s left after the Refinitiv spinoff) to be laid off end of August

A new "Chief Marketing Officer"

So much for flattening the organization and providing opportunities to those who remain. Apparently, no one on staff is "sophisticated" enough to "accelerate our efforts." We had to hire someone from Equifax.

It's amusing to see help wanted emails

in my department, staffing levels are so stretched that not a day goes by where there aren't emails among different teams saying this is where they need help immediately and the priorities for deadlines. It's just ironic because the company clearly... —  read more 

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