Thread regarding Thomson Reuters layoffs

Could be that she was asked to leave or that she just had enough, but why wouldn't they have already asked the leader of the most under performing group and her sub segment leaders. The entire tax professionals segment is a recipe in bad decisions, horrible insight and riddled with excuse after excuse,, right from the top, but they do it with really nice presentations.

She was asked to leave for sure. I’ve seen so many senior leaders forced out like her. They probably deserved it to for underperforming like piot or whatever his name was a couple yrs ago. Marcus will be next

I heard she basically just left and caught a number of people by surprise. I applaud her, although I don't know her, she may have stood up for something and said she couldn't tolerate that. How many of the leaders that are left with TR would do that, not many.

AEagan is a good person and I don’t think the issue was with her. It was probably that there is differences in management style and SP is micro managing from what I understand. It was truly an awkward call led by SP and not AE? Don’t you find that odd? Why did he need to run that call if it was a simple departure by AE. It caused more alarms to go off than needed and folks are on guard.

Roles not defined, the revenue line keeps moving, people fighting over accounts, a huge increase in sales staff that take many resources to train, and the list goes on.

Not saying change isn’t good, but damn maybe pause for a bit? Speaking of change and the change management project, where money is payed to a consultant, wonder who that consultant is?

MB is leading the group for the interim? Does he manage up or down? This will tell you what happens in SMB for the near term.

If we look at history, this is no different than the strategic group. It was a directive and a path to follow the newest game changer for the business. Guess what it wasn’t successful, lost steam and the organization lost interest so they did away with it after MM left. The org paid MM to relocate so had to retain him for a bit. Could history be repeating itself? Maybe.

I’m practical and a realist. It may not be 2021, but for sure a huge shake up later this year.

Tax Professionals is an obvious choice with some of the decisions they have made and the negative morale and energy that permeates that segment. I could see a ton of reassignments/terminations at the top within that group. Unfortunately the head of that segment has hired people in her mold, with limited operational success. and the results have been predictable. She is a strategist and that could work well if she brought in complementary folks with a track record of success in employee management and performance. Unfortunately, she gravitated towards folks who would rather manage up than manage the business effectively. If you look at the results, all 3 sub segment leaders in Large, SMB, Emerging have had poor results and more importantly have driven people from the business. Large lead has already jumped ship to another role, most likely because he saw the writing on the wall. SMB is the best of the 3, but its a monster of a business and the leader needs a right hand to help build the business, seems like they are always trying to do something different without a clear strategy. Emerging, no idea how that still exists, could very well be (and should be) some centralization and consolidation in that space.

Agreed. Which leaders will be next to go or asked to leave?

Makes sense, very well could have been a mutual decision, but a number of the leaders that were put in place back during the major reorg back a few years ago really weren't qualified for their roles and were not able to energize or identify talent. I don't think she is a bad person whatsoever, but this could be the shot across the bow and the start of a management shift, which is sorely needed. There are others that were shifted into senior sub segment roles that have had tons of complaints, poor performance and unreal employee transition.