Just wanted to wish everybody good luck on a new Monday. Whatever happens, we are all in this together.
Refinitiv supplies the data, and Yahoo an Microsoft are taking credit
Nothing new really. Where do you think Yahoo Finance have been getting their data from for all these years? Did that save the company? Result in a lots of new deals??? Get real... What's sad is that Yahoo Finance (and now probably Microsoft too) are... — read more
We need new leadership
David Craig and his entire leadership team should be fired, and quickly. David put the company into this position by spinning his management accounting bs and failing to lead. His single claim to fame - creating the risk business - actually doesn't... — read more
Layed off, computers locked in NYC!
For layed off people. If you try to copy stuff from your PC at work to a usb drive...Refinitiv blocked it...you can’t. They also killed your inet access. So you can’t upload it too.
The Wrexham cuts debated in UK Parliament
Even though nothing can probably be done about the cuts at Wrexham mass layoffs, it felt good to hear that this issue got that much public attention with a debate in the UK Parlament and that the local authorities took interest and decided to help... — read more
six layers
from bottom worker to ceo(both including) in total 6 people? or 7 people?
How is today looking so far?
Anything happening so far today? If so, which locations?
Geneva Admin Contractors
Following the anouncement made here in Geneva. I would like to highlight a specific situation that we have with our fellow colleagues who are contractors for 5 to 6 years. In a nutshell the customer admin contractors are in a very specific situation... — read more
Refinitiv blocked this forum
Refinitiv block this forum, unable access via company network today, just because they afraid to hear the voice of people?
Refinitiv signs a data distribution deal with Microsoft
I found this deal to be excellent news for the company, especially in times like this, when it seems like all we hear about at Refinitiv is talk about reorgs, layoffs, outsourcing etc. Having our financial and markets data present in Microsoft’s... — read more
Eagan: Testers, BAs, at least 1 manager out
I’ve heard engineering teams were hit in Eagan and at least 5 have been dismissed from dev teams. All people who are out are not developers. Can anyone confirm?
Do I get redundancy package if I leave early
Hi All, I'm sure this varies per country, my role will be gone in a matter of months, just not sure how many months. If I take another job before I'm officially redundant am I still entitled to redundancy?
I wish I could volunteer
A friend who was laid off got a really good package and is out of this hell hole for good. This and several more issues within the past several weeks have made me personally pivot from fearing being on the list to hoping I'll get notified . Who'd... — read more
Classics
‘Yahoo’ to ‘Altaba’, ‘Tribune Publishing’ to ‘tronc’, ‘Google’ to ‘Alphabet’, ‘Gannett’s’ spin off gets called ‘Tegna’, ‘Netflix’ renames its DVD by mail business ‘Quikster’, ‘Blackwater’ first to ‘Xe Services’ then ‘Academi’, ‘Philip Morris’ becomes... — read more
Pledge was a mockery
Pledge was a mockery; an insult to everyone. Is this Kindergarten? ELT just stands there, bobbing their heads, chanting in unison, "I'm so EXCITED, and I just can't hide it!". Bottom line is they are just caretakers until assets are sold off.
Retrenchments
I'm not a fan of retrenchments, and feel very sorry for anyone affected. But in no way does it make sense to do help desk or tier 1 support out of a location as expensive as Geneva. You can get 6 to 8 people in a lower cost jurisdiction for the cost... — read more
SF Office hit with layoffs
My team (of 7) has been laid off -- a few worked from the SF office. Few others in the SF office from F&R have been laid off as well. Can't speak for anyone else but my team, but our packages were pretty good. Good riddance.
We'll know more in November
Seems like the new corporate organization foresee the move of support functions (help desk and customer admin) to “cheaper” locations. So not only FTE but also contractors working in those depts - 30% in CustAdmin - will be affected. We will know... — read more
Unemployed Warriors - An Alternative Refinitiv Rap
CHORUS (X2) Unemployed warriors! Waiting in line as we queue for the dole! Unemployed warriors! Doing our best to find a new job role! Unemployed warriors! Tellin’ our fams that we gonna be poor! Losin’ our jobs to the homies in Bangalore! VERSE We... — read more
More today?
From what I'm hearing, we are seeing even more layoffs today. Any chance we can get more details here on what was or is being hit right now? And what is expected to be hit by the end of the day? You have no idea how much I'm looking forward to this... — read more
See only threads with replies
A navigation tip. There is a big blue ACTIVE button just above the first thread link. That will show you threads sorted based on which had recent replies. Reviewing this can help us not start redundant threads.
Geneva
Today, they fired 120 out of 170 people in Geneva!
Nothing happening in London today?
Not heard anything, I thought today was the day
Mumbai layoffs
the erstwhile F&R Mumbai sales office had it's share of bad news, with ~10 mid-senior tenured people in the redundancy list. Thankfully, the severance is gracious. There's expected to be another round in Q1 post appraisal, where the severance won't... — read more
Redundant
As I read my letter about my HR meeting tomorrow, I cant help but hope: The individual who made the Refinitiv rap goes David Craig's two Chauffeur's go All the people who submitted their Refinitiv pledge before all the layoffs were announced go — read more
How bad is Europe today?
What's going on? Any news?
Refinitiv not spared Bangalore
Refinitiv not spared Bangalore , Hit hard on IT dept on first wave, even they laid off ground level engineers, not sure what will happen in next waves.
Refinitiv in Bangalore
How's the culture in Refinitiv in Bangalore?
Boot Loop
This company has been stuck in a boot loop for at least the 15 years I've been here. People come, then they leave, then they come, then they leave... Even today they continue with building the 5th version of the same product started 15 years ago... — read more
I feel for Generation Z
At least I had a crack at a career a marriage and a house purchase. So long and thanks for all the fish..
Why do you keep deleting posts?!
Posts and updates keep disappearing! Probably Refinitiv HR intervened, not cool!
Process over Product
Follow the process! I can't tell you how many times I've heard that. In this company, Process TRUMPS Product! They've got it backward. Process has to adapt to product. Process is the #1 problem in this company. It has been and remains broken. It is... — read more
Under Investment
Seen underinvestment constantly over the years. Result is deteriorating products nobody wants and frustrated workers. Not unique to TR by any means.
Update on the Refinitiv Swedish office
30% gone, all IT, some middle managers, AM and Specialist and of course TAMS.
Life after TR
My best wishes to everybody impacted by the layoffs. I'm ex-TR and can tell you that there is a better life for you after TR. You will go through some dark times of uncertainty but you will find something new and take your career in a better... — read more
Refinitiv (F&R) in NYC
Friend of mine, husband and wife both work at Refinitiv (F&R) in NYC. The wife had over 30 years, was let go yesterday told stay until month end. Her severance capped at 1 year despite 30+ years and she may get a pro-rated bonus. He seems to be safe. — read more
Eagan?
Any news on Refinitiv employees in Eagan? I haven't heard of anyone as of yet.