Thread regarding Thomson Reuters layoffs

What is the direction this ship is headed in?

I am more surprised by the apparent indiscriminate vastness of it. So many people in nearly every position. What this “reset” means for the future. No communication of the vision. What does it look like for all of our different products and solutions when so many people who create, build, and maintain them are no longer here. People who have been here for over 30 years. All that institutional knowledge gone. We pride ourselves as the best in what we do with more data and knowledge in the fields we are in but after the dust setttles will we still be able to make that claim?

What is the direction this ship is headed in?

Reposted from @W9v3lOE-cum for making an excellent point.

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| 2321 views | | 5 replies (last November 15, 2018) | Reply
Post ID: @OP+W9XRlxg

5 replies (most recent on top)

Ship is sinking fast. The incompetent and corrupt “leads” are rewarding themselves with salary increases and bonuses while they simultaneously layoff thousands and slash worker pay. Very ashamed of TR

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Post ID: @wdj+W9XRlxg

A year or so ago I was walking out of work in Eagan when someone asked me if I could help jump their car. Being Minnesotan why would I ever say no? Then the guy says to me "so what do you all do in there anyway?" "You don't work here?" "I just clean the building. It's why security wouldn't jump my car." "We do legal stuff, there's lots of lawyers and I'm a software engineer... So you work all day cleaning up after us but since you're a contractor who has to work at this building they won't jump your car in the parking lot?" Maybe I should have quit that day; I was completely disgusted that they would treat people like that.

So where is this ship headed? Cutting manpower will leave us unable to man the rigging, causing a lot of people to just give up and leave after they are shouldered with more burden. With no confidence in the leaders, mutiny should be the option but what can we really do there? Instead the ship will go into storms trying to operate with more and more low cost resources, and she will go down.

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Post ID: @kcy+W9XRlxg

Why worry about the things you cannot control if you all know it’s a sinking boat

Get your resume polished and start networking and look for you next job

I found a new job and will leave In two weeks I received two job offer and one with 35%increase which I used to negotiate my second job offer I ended up with a job that is 50% higher . Job market is booming in greater New York area and chance of landing a better job is much higher than in the past

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Post ID: @sud+W9XRlxg

Leadership blatantly ignoring to speak about an uncertain future and employees’ job concerns is very similarly to someone with a health problem: ignore it then hope it goes away. With that said, it’s headed to the bottom of the ocean. Have your life jackets handy

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Post ID: @vje+W9XRlxg

To the bottom of the ocean

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Post ID: @oki+W9XRlxg

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