Thread regarding Thomson Reuters layoffs

T and A storm coming.

Advice is to polish your skills and resume.

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| 3214 views | | 9 replies (last June 8, 2021) | Reply
Post ID: @OP+1b3Ql2QR

9 replies (most recent on top)

Some roles are backfilled but they are promoting and bringing in less seasoned (less expensive?) executives. Preparing for a sale?

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Post ID: @cbkr+1b3Ql2QR

Also new leaders coming in. Looks like roles are being backfilled.

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Post ID: @cumo+1b3Ql2QR

Lots of managers and directors leaving imminently, some announced, most have not yet.
Not sure what it means for the “little people”, probably a spreadsheet somewhere with our names on it!

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Post ID: @8zku+1b3Ql2QR

@2nzr+1b3Ql2QR

"HR must be held accountable, they didn't provide any leadership or guidance." Do you really believe HR is capable of providing leadership or guidance?

This is the same department that flattened titles but didn't update job descriptions. This is the same group that published mindfulness guides and anti-bias training, but not real information on how to advance your career within the organization (for the HR trolls on this site - what you've put online is useless dribble).

It's hard to find a more useless group in TR. Now that is a group where the leadership should be chopped - very top heavy for what they produce. I know, let's outsource them to TCS where the QoS would be about the same. Or better, let's replace them with bots! Bots are even cheaper.

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Post ID: @2waw+1b3Ql2QR

T&A was a mess and wasn't managed properly, they botched the reorg a few years back and CRush put too much faith in her leadership team, which let her down. When I saw some of the people leave after the original reorg in mid/senior management positions either voluntary or forced out by her hand picked leaders, I knew this wasn't going to end well. There is something to having faith in your leaders but you must have checks and balances to prevent what happened. Everyone knew the decisions many of these sub segment leaders were making were wrong and they allowed it. You must blame the leader, but even more, HR must be held accountable, they didn't provide any leadership or guidance.

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Post ID: @2nzr+1b3Ql2QR

So glad I left

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Post ID: @1sqf+1b3Ql2QR

I'm armchair quarterbacking as an ex-TR employee of Tax Pros/Tax & Acctg, but the logical move to me is to start shredding what's left of the C-Rush organization.

They've already expelled her top lieutenants, and now the next layer beneath begins. There will be some good managers lost, but hopefully they can fire some of the horrible management that exists there.

Tax Pros/Tax & Acctg is a disaster zone right now. If a sales rep is still pensioned, they're riding it out until they can retire. Top performers are sick of the comp plans always getting worse and worse each year with unattainable quotas. I've had 10 people I used to work directly with in Tax & Acctg on the sales team leave since January.

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Post ID: @fvm+1b3Ql2QR

I know two colleagues this week from different offices have been asked to leave.
On top of the numerous that have left recently and not replaced

It’s so demotivating, expect not a lot of work to get done while we all watch this space.

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Post ID: @gar+1b3Ql2QR

This should be interesting. T/A is already extremely lean. They barely have people to KTLO and are venting people already. If true this could be the final cut that is just to deep.

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Post ID: @pco+1b3Ql2QR

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