Thread regarding Refinitiv layoffs

@zdv+1fedEedj Does your President care?is he pushing thru major tax cuts to help you? Your employer doesn’t care that’s simple: go find an employer who cares instead of crying about it. It ain’t gonna fix ya problem as my mama would say.

And anyone unlucky enough to get caught in the bell curve crossfire and receive an underperformed rating (which 10% of staff did regardless of real performance) will get 0% pay increase so even worse off. As highlighted by others in this thread management just don't seem to care, yet they keep asking for more, why would anyone give more when they are so poorly treated?

I asked my boss about this and she said. Well you got a 5% raise last year when uk inflation was under 1%. Its swings and roundabouts. So technically I was 4% better off last year, good to know.

Agree: The Corp's view is that "We don't care, just leave.....but the "We can replace you" part is their false bravado. Anyone in managment knows that they can't really "replace" skilled talent, only fill yet another open role with a warm body out of a school, TCS, or the mail room who'll work for peanuts, then shrug off the inefficiencies, reduced productivity, and bloated timelines that result.

"Translation - "We don't care, just leave. We can replace you""

But that's the thing, they can't replace us. When they try - as they are offering 50% below market - no good candidate wants to join. They only have the budget for grads, who don't know anything, so they can't contribute, only take away resources for being taught by others and then in 2 years - once they have learnt - they leave for higher offers from elsewhere. Basically we are paying their education both in salary and in lost resources by the more experienced spending their time on teaching them instead of doing their own jobs.

Leadership doesn't care, because people above them don't care.

New inflation numbers out just now:

"US inflation much hotter than expected. Jan CPI jumped 7.5% YoY from 7% in Dec, most since 1982"

LSEG truly does not give a sh-t about its employees

Translation - "We don't care, just leave. We can replace you"