My sense is that Refinitiv will divest both of these businesses in the near term and that will be a part of the cost cutting measures and 5% RIF. Thoughts?

People get a call from HR, go into a room and leave with a white envelope with their severance package. No managers or global managers so far. Expect the bloodbath to last three weeks. Fun times.

http://www.ifre.com/refinitiv-deal-sets-pulses-racing/21355193.fullarticle

With respect to US employees, if the ax does drop hard, and it appears that many sacked employees are over age 40, those employees over 40 have specific rights under the OWBPA section of the ADEA. If you fall under that category, do a Google search... — read more 

CTO announces new org. Tue Oct 9. Will host regional Town Halls this week - will be in NY this week.

https://www.thelayoff.com/thomson-reuters-corporation

During today's (October 2) Town Hall webcast, David Craig said something about 5% of staff will get sacked. And while staff will be reduced in some areas, at the same time, this will make way for new opportunities in other locations and focus areas... — read more 

Middle management is getting thrown out along with many front line workers. Best of luck to everyone impacted.

In Blackstone speak, Refinitiv means "layoffs".

I was trying to make sense out of the new name ' Refinitiv' Reuters Financial not sure what the last initials stand for though... Sounds like those Consultancy Cies we see around :-) No consultancy yet but we heard that they are pushing to get this... — read more