Thread regarding Thomson Reuters layoffs

Mixed feelings?

I’m worried about layoffs, but on the other hand, it very often seems to me that layoff would bring me relief and that it would be the best thing TR has given me. Sometimes I even wish to get laid off.

I don’t know anyone who experienced the debacle after they left this place. All the ones I know are now in much better companies now.

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| 1941 views | | 8 replies (last June 23, 2021) | Reply
Post ID: @OP+1btPzCI4

8 replies (most recent on top)

The different phases of lay off is also a way to avoid paying severance. I’m sure they’re counting on people finding other work by then.

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Post ID: @1lkn+1btPzCI4

I read in another post that they are asking employees to do a signed survey asking if the employee wants to be let go. Sounded like this was at the Ann arbour meeting. I wouldn’t even do the survey unless show it to an employment lawyer first. I wouldn’t trust anything TR does. Please be careful people.

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Post ID: @1waj+1btPzCI4

Just recalled a few months ago people were talking of making only partially achieved goals. I'm guessing that this is the excuse to start letting people go or avoiding in paying severance as well.

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Post ID: @aoz+1btPzCI4

It really depends on the personal situation you are in and how a job at TR fits into your life. However, hoping that you escaped this round of layoffs, and that is the feeling every time they come around, is no way to live. If you are looking to build a career, look elsewhere and take what you learned at TR and put yourself in a better situation. There isn't the work hard and good things happen mantra at TR, it is up to the people making the decisions, and they have proven to make them based on things outside of anyone's control.
Now, the other side of the coin, if you are hanging on, just waiting to be put out to pasture, then TR is the perfect place, but they can't even do that right. They could, if they want, reduce staff by offering an early retirement or exit packages and put the decisions on people that want to be elsewhere. The living by "you should be glad you have a job" is over, the market is good, take control of your life. TR just does everything wrong when it comes to people management, the HR team and whoever makes the decision to treat people like this, should be exposed.

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Post ID: @vwo+1btPzCI4

TR should ask for volunteers for layoffs. They would get plenty!

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Post ID: @trb+1btPzCI4

You'll be better off. I got let go in a previous round of layoffs and quickly found a great job at a much better company, at much higher pay, making up for 10+ years of stingy increases at TR.

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Post ID: @ymh+1btPzCI4

For me I've been at TR for a decade+. I came when TR was and is in the era of layoffs every thanksgiving. So I know of no other way that TR was. People with a longer history will tell of a time where layoffs only happened when things were bad. I don't want to leave because I like the people I work with and the office that I am in. But these constant re-orgs are disruptive and so much information and processes fall in the cracks only to be found when a major issue happens. But to be laid off could also be considered a blessing, a way to have some time off and recover from burnout. To keep the job is also important. everyone has mouths to feed and bills to pay. Layoff season is upon us and to quote a famous line "May the odds be ever in your favor"

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Post ID: @xnr+1btPzCI4

Silver linings.

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Post ID: @sgv+1btPzCI4

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