I came here a little over two years ago and the situation in the company was not right even then. Let’s say it was bearable, but since then it seems to me that it’s getting worse every day.
If the situation has ever been good, I do not believe that time will ever return, because those at the top don't do anything that would give me any optimism.
7 replies (most recent on top)
Too much house cleaning and never any investment. Wringing the money out and then dump it. This is a terrible company to work for. You will be eliminated as soon as they figure out how. No happiness here. Any other option or opportunity is better than here.
Refinitiv was a good start to a great company and a new beginning…. Blackstone cleaned house and now LSEG is cleaning house but replacing with their friends. That’s how M&A works…
It's been a very long time since this was a quality company to work for and it's never going to be that again. Hope for a generous package or start looking. Nothing positive here.
This Company was good back in the time.
Now with all the changes, plus the location strategy where no matter how good you are if you are not on the chosen locations you are out.
This despite the fact that we keep the worse and have almost weekly outages ...
What to say, good luck to those who are around and have to cleanup all this mess, in between try to grab a good severance package.
The chat facility comment reminds that an American bank in London (Wall) offered Reuters their Credit Default Swap data right at the beginning of the CDS market because they wanted to get it out there and it was turned down because somebody didn’t know what it was. Not many people did then but go ask those who do before you say no thanks. I can think of a few who really had their finger on the pulse and would have said take it, take it. Or just take it and then go ask. Managers with no practical market experience who consequently didn’t understand the market experience of their teams or those around them. And this somebody told people not to talk about it once they’d realised their error.
@OP+1bvyGppj. - You're insight in the small amount of time in the company is spot on.
This is a company that is in a mess and the merger with LSEG has only added to that. There are still layers of management all over the organisation that are totally incompetent, and still haven't been found out yet, and know they would not get a similar package outside.
Unlike many who have been there for years and waiting for a nice pay off, I would look to move on and progress your career else where.
I can only speak for the Reuters financial piece of the business, which 25 years ago was a fantastic place to work. But even then the management teams were hopeless, too scared of making decisions and more interested in building little internal kingdoms than beating the competition. Can you believe that someone made the decision not to roll out a chat facility to all customers just to protect some conversational FX dealing revenues ? Imagine all financial professionals on one chat system before the internet was in common use ? Oh wait, someone at Bloomberg did and look at the two companies now.