Thread regarding Thomson Reuters layoffs

Differences between departments

I think I work in absolutely the worst department here. I don’t know which department at TR is best for employees, but I know it can't be worse than this one here where I am.
Aren't the differences between the departments here too big? At the previous company where I worked there were differences between departments, but not like here.

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| 3412 views | | 8 replies (last April 14, 2022) | Reply
Post ID: @OP+1g6Ccm5W

8 replies (most recent on top)

@9qyd+1g6Ccm5W - "who is driving"? Lemmings - and right for the cliff.

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Post ID: @9nsn+1g6Ccm5W

Differences between departments is a great topic for discussion in my opinion. I retired from Tax & Accounting. Was with Creative Solutions when it was purchased and retired 2 years ago. Once they forced Jon Barron out was when I started making my retirement plans. Really felt that the new leadership was clueless in Tax & Accounting. Who is driving TR now? Is it Legal? Is it Reuters? I honestly had no clue when I left.

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Post ID: @9qyd+1g6Ccm5W

You must be in customer support

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Post ID: @5srk+1g6Ccm5W

@1myd+1g6Ccm5W
“America… I don’t know. When I arrived there were these gentle giants smelling of fkucing gold and milk. They could do anything. Now look at them. Fat as fcku, scrawny on me-h or yoga. They p!ssed it all away. I don’t know. I don’t know.”

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Post ID: @4vnj+1g6Ccm5W

TR is a patchwork of very different companies and some of them are tough to work for: No leadership, no strategy, no growth.

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Post ID: @3hap+1g6Ccm5W

Also depends on location: Commentary in UK and Toronto are way far ahead and so much better than U.S. Commentary. It's like U.S. is JV compared to UK & CA who are Varsity. Or UK & CA are EPL and U.S. is MLS. Still boggles the mind why they'd replace the then V.P. who is bright, fair, personable, trusted, kind, honest and effective communicator, has high emotional intelligence, and took ownership of responsibilities and accountability. And replaced him with someone who is unqualified, directionless. inexperienced, and lacking authority, decisiveness, and charisma. Perhaps U.S. Commentary is being set to fail so that it'll be outsourced to India, where the Managing Director is based and who is equally clueless and incomprehensible, just another lackey and a patsy.

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Post ID: @1myd+1g6Ccm5W

Some sales teams make bank. I know for some the OTE is 178k. The top reps make over 400k a year.

If you are good you earn it. However the business hates this. They are actively working to push these top earners out. These top earners see this and are leaving.

If your sales team is leaving that is a HUGE sign that sh-t is going to get worse before it gets better.

So if you see top sales reps leave, ask yourself why? And you probably don’t need to dig too deep to get an answer.

#SinkingShip

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Post ID: @1mme+1g6Ccm5W

The enabling functions are miserable places to work. Commercial excellence, finance, general counsel, HR, compliance, you get the gist.

Sales is actually decent but TR pays so far beneath market that sales talent does not stay long.

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Post ID: @qia+1g6Ccm5W

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