Thread regarding Thomson Reuters layoffs

Dose of reality

No one here thinks all these layoffs will turn the sinking ship around. So that means one of two outcomes. A) your area or product will be sold. Outcome unknown. Or B) layoffs will continue until your product is profitable (a foreign word to some people here) or A occurs. If B happens, dont think juicy packages will continue, and this has been stated.

There is no other easy way for BS to increase profit, and they have the balls and brains to do what TR leadership never did. There is so much fat and complaceny at TR, they can easily take a bet that you will at least keep the lights on to sustain current revenue, thereby allowing them to focus on cost reduction. There is no growth in your markets anyway, so this is all that can be done.

Get a dose people... the luxery lifestyle of TR is over. They got totally outcompeted.

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| 1621 views | | 2 replies (last October 17, 2018) | Reply
Post ID: @OP+VGchmef

2 replies (most recent on top)

So true man...AMs and TAMs they do t work at all.....they call them now account director (they got promoted) they think we owe them a living

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Post ID: @puz+VGchmef

Been here over 15 years, the luxury lifestyle was over a long time ago - in my area at least.

But I know a number of account managers / TAMs who the clients really dislike because they do so little to earn there keep...

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Post ID: @moi+VGchmef

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