Thread regarding Thomson Reuters layoffs

Geneva - no more packages ? Yearly debt interest too high

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| 2138 views | | 12 replies (last October 10, 2018) | Reply
Post ID: @OP+VzLLLWk

12 replies (most recent on top)

This is in line with what I have been hearing for about two weeks now (Baar Office stays)

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Post ID: @hbe+VzLLLWk

Baar Office I guess will stay for TRGR aka TR.

For Rifinitiv I suppose it depends where Blackstone have their tax base and thus owns the F&R aka Rifinitiv assets.

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Post ID: @gxi+VzLLLWk

Number of TR office in Switzerland is 2 (Geneva and Zurich).

Number of TRGR (Glabal Resources) office in Switzerland is 1 (Baar Zug) staff approx. 100.

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Post ID: @cez+VzLLLWk

Any news about the Baar office?

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Post ID: @xhv+VzLLLWk

OUR SWITZERLAND OFFICES AT A GLANCE

Number of Offices: 2

Largest Office Location: Geneva

Main Business Unit: Corporate

Number of Employees: About 100

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Post ID: @yry+VzLLLWk

" cou-lw,of months" = "couple of months"

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Post ID: @mfh+VzLLLWk

Everyone has to be out Geneva Data Centers in next cou-lw,of months. Projects to move servers been ongoing for over a year.

I was told several years ago by someone senior that cost of upgrading power systems in Geneva was millions of dollars. So decision was made to walk away from instead.

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Post ID: @pfy+VzLLLWk

Not having fun..

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Post ID: @nxu+VzLLLWk

Just ask the freakin’ question what they got for do fire you 😂

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Post ID: @gno+VzLLLWk

Already sold, beginning of the year if I am not wrong or beginning of summer. Cannot remember

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Post ID: @mow+VzLLLWk

which building you mean in Geneva? Main office building has been aold?

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Post ID: @xct+VzLLLWk

We will know more on Monday 15th - there is a Town Hall meeting scheduled with HR and they will have answers for us including packages. I wander if anyone will have courage to ask if the building will be sold (I've heard this rumor a few times so far, would not be surprised though)

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Post ID: @udp+VzLLLWk

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