Thread regarding Thomson Reuters layoffs

Next cuts- week of Dec 3rd

Don’t feel safe just yet. There are still cuts to be made.

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| 6117 views | | 25 replies (last December 4, 2018) | Reply
Post ID: @OP+WcnErRJ

25 replies (most recent on top)

Some hits likely coming to Canada on Tuesday. What a load of BS these past few months have been. Don't know whether it's better to be packaged out or be passed over.

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Post ID: @gwmm+WcnErRJ

Escorted off the premises the day they've been laid off? That's rough.

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Post ID: @focs+WcnErRJ

We any other locations hit besides Eagan?

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Post ID: @feyz+WcnErRJ

I saw that in Eagan too. Looked like a large group and security was treating them like criminals. It’s so shameful the way this is being handled :(

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Post ID: @fclo+WcnErRJ

I don’t have specifics but more people were laid off in Eagan today. Saw a group of people carrying boxes of their belongings being escorted out by security. Why do we hear nothing of all these layoffs from management???

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Post ID: @fppn+WcnErRJ

Sorry to hear that. What office? Was this a single notification or part of a larger group?

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Post ID: @frxw+WcnErRJ

Was just informed that I am being laid off. Corporate investigative sales. This s---s

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Post ID: @fhjs+WcnErRJ

TR for sure. Marketing's waiting to find out who didn't get jobs in the reorganization. The final group of people who got the jobs they applied for should find out today or tomorrow. Then the rest will be laid off, I guess. Don't know anything about Refinitiv.

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Post ID: @fbit+WcnErRJ

Are cuts Refinitiv or TR this week?

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Post ID: @fafe+WcnErRJ

You really think refinitiv is done? They barely know what Impact they made since they started at the top by saving themselves and then applied the EY and Blackstone management guidelines as they go down the line. They are making it up as they go along, backing into it without any regard for people's careers or diversity for that matter.

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Post ID: @cosp+WcnErRJ

@WcnErRJ-6avx

What have you been trying to say? It's hardly understandable. Suggest you start with practising your english, that might help in keeping your job.

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Post ID: @6hxh+WcnErRJ

Tax Canada is done, apparently next week we hear is Marketing Canada next week and Media and then Sales in Jan 2019. Tax Canada was hit pretty hard , one person could have been let go and they would have been fine but four gone is too many, people still there are going to have way too much work to manage. Stress level at Kennedy Road location is through the roof, just insane TR should not be doing this to their loyal dedicated employees. TR is going to cut just get it done all at one time don't drag it into several weeks and months not fair to the people who made you TR.

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Post ID: @6avx+WcnErRJ

Sales and support are next, probably consolidating to some outsource call center.

Strive for diversity, end up in obscurity.

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Post ID: @2upu+WcnErRJ

How is it spreading fear? TR is doing a good job of that themselves.

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Post ID: @2emh+WcnErRJ

I am sure the management is minimizing the impact as much as possible!

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Post ID: @2wqj+WcnErRJ

Well, if they’re going to hit sales and marketing, I just wish they’d DO IT ALREADY. The stress level in our area is at about 20 on a scale of 1-10. If they’re worried about ruining our holiday, too late. They already have.

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Post ID: @2nyh+WcnErRJ

I heard they are going to next hit Sales-Marketing. Federal Tax took a huge hit last week and State & Local is understaffed (as Nancy Hawkins actually admitted).

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Post ID: @2fcl+WcnErRJ

Spreading fear is not the right thing to do on this board. I am not even sure if you are talking about TR or Refinitiv. If Refinitiv, it has already accomplished their goal.

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Post ID: @1nnq+WcnErRJ

there will be new outsourcing announcements coming in the next few weeks no later than first week of december. which scarily aligns with the above date

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Post ID: @1xgv+WcnErRJ

How can we demand answers from mangement?

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Post ID: @1ztj+WcnErRJ

This is going to give me a nervous breakdown. I wish they would level with us. This is like the death by a 1,000 cuts.

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Post ID: @1jnr+WcnErRJ

This waiting is the worse. I wish they would just tell us across the board. It’s very stressful

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Post ID: @1ubb+WcnErRJ

rumors arent helpful. especially when theres already nothing but rumors thanks to managements awful handling of this whole thing

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Post ID: @1cji+WcnErRJ

I don’t have specifics, just the rumor of dates.

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Post ID: @1xid+WcnErRJ

Could you be more helpful and mention locations/areas/positions?

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Post ID: @zxq+WcnErRJ

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