Thoughts go out to those that are losing their jobs. Not a nice situation, but you will bounce back.
I worked for Reuters in the early and late 90's in London. I left but stayed in the same business in the City, same field of market data, and watched from the sidelines the slow demise of what was once a great, top 100 company. In the 90's we felt proud to say we worked for Reuters. Been in pretty much every dealing room in the City and it had a certain status. There was always some banter between us and the 'yellow cable' Bloombergers but over the years whilst BBG has grown from strength to strength in terms of product quality and coverage, I've watched Reuters (I still refuse to call it TR or now Refinitiv) slip further and further into the background, whilst employees and their customers are treated with ambivalence. It's very obvious to see from the sidelines.
Paul Julius Reuter must be turning in his grave watching how his leading company has been trashed into an 'also ran' by vultures with no idea of how the business really works at the coal face. I suspect when the 30 year promise on the media side evaporates that'll be the end of it, and it will be another Marconi - just another entry in the innovation history books, and just a statue left on a plinth in the City.