Thread regarding Refinitiv layoffs

With Microsoft’s recent acquisition of Fintool, LSEG’s desktop leadership continues to take L’s at every chance. Least qualified leadership in the industry, but group doubles down on retaining them as they are out of ideas and terrified investors will lose confidence in its more leadership turnover.

this is what lseg's pr and internal comms teams do as their literal jobs (sadly for them, because i doubt they're not in agreement....)

re: "Hey is there like a bot army downvoting posts in here? I see some pretty mild criticism with negative 10 score... Who 8s pathetic enough to do that?"

Hey is there like a bot army downvoting posts in here? I see some pretty mild criticism with negative 10 score... Who 8s pathetic enough to do that?

LSEG D&A is a Kleptocracy, where the least qualified people have the most power. Invest accordingly.

Elliott needs to push for a change with workspace leadership

https://www.reuters.com/sustainability/sustainable-finance-reporting/elliott-pushes-divestments-5-billion-pound-buyback-lse-group-bloomberg-news-2026-02-18/

let's be honest. lseg is somewhat of a joke — it's a car that runs on thin "air", but has suddenly found itself projected into outer space by its own puttering-up over the years. there is no "there" there, no holistic method whatsoever in the madness.

the entire company is layers and layers and layers of people who are simply finding creative ways to hit their assigned target numbers during any given cycle — at its best. at its worst, lseg is made of people who see that the last sentence is true, and who thus try to take advantage of it.

ye be warned — get out while you have the choice to.

Cleaning up leadership is necessary, but it won’t magically sort the real issues. LSEG’s challenges are structural:

• AI is steadily commoditizing raw data
• Banks are cutting headcount and, unsurprisingly, licenses
• AI‑native competitors are moving at a pace that makes our reorganizations look positively leisurely
• Exchange licensing rules restrict product flexibility

Even with strong execution, LSEG still needs to rebuild its product architecture, rethink commercial structures, overhaul its actual AI capabilities, and shift from being a data distributor to an intelligence platform. Not every client wants data or content! Many simply want insights, and they are increasingly finding them elsewhere, whether in Bloomberg or the rapid advances of AlphaSense, OpenAI, and Anthropic.

The value unlock is possible, but far from guaranteed. These are challenges that stretch well beyond governance reform. Tidying the leadership chart is helpful, but a fresh coat of paint won’t fix the plumbing folks.

The one thing Elliott, and any other investor needs to understand:

The thesis for LSEG valuation would normally be sound. It’s just, there are many bad actors in the company in roles they don’t belong in, pretending to have experience they don’t have.

You have lots of ex-traders in product leadership roles with no product experience, you have AI product people with no AI/ML experience, you have a D&A lead with no-fintech experience (and this is just a few examples, it’s almost every person in D&A). This has all been manifested by rampant nepotistic hiring. These people are also hired at “top of band” compensation levels as well, that could easily be used to hire the best person in the industry at any specific role.

All of this needs to get completely cleaned up as part of the coming board fight that Elliott will surely bring. Cause there is a lot of value to be unlocked if that happens.

Feels like the reckoning is finally coming for a lot of the management that ran this company backwards.