Thread regarding Thomson Reuters layoffs

Future of TR leadership and bonuses

Saw this: https://www.bizjournals.com/southflorida/news/2019/02/21/thomson-reuters-ceo-smith-buys-second-condo-at.html

Does this mean that employee bonuses will also be higher this year?

Is JS setting up for retirement? Who will be his successor?

I wish TR leadership were more forthcoming with what the remaining employees can expect with regards to compensation, career progression and a future vision for TR.

Seems like only the top execs have a clear outlook on TR’s future.

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| 2382 views | | 7 replies (last March 1, 2019) | Reply
Post ID: @OP+XKxvsmA

7 replies (most recent on top)

The only criticism of my work in my annual review made me laugh. My manager pointed out that I should have spent more time on a specified training session...after she'd literally told me, at the time in question, to skip said training in favor of my work on a high-priority campaign. If that's the only thing negative she could come up with, then I know she was grasping. Lame.

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Post ID: @6ygf+XKxvsmA

@Sincerely - meanwhile, over at Refinitiv managers were literally told to downgrade reviews after the review cycle because there were too many "exceeds". That's after the clownshow that is HR proceeded to provide none of the usual ratings guidance. Many awkward conversations and p-ss-d off staff. Not sure what our AIP payout rate is, but 135% company modifier for you guys sounds amazing so congrats on that!

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Post ID: @5ayo+XKxvsmA

Several people in my work group noticed that our 2018 reviews included some picayune, downright trivial criticisms in our reviews, as though local management had been instructed to downgrade our performances for some reason (that’s right managers, we talk amongst ourselves and compare). Now it makes sense. Today the chief people officer announced that the company is offering “one of the biggest plan payouts in more than a decade” but what she didn’t say is that our flattened performances will keep the actual $$ low. This will be our own fault, for “not performing better”. But the upper execs can pat themselves on the back and pay for another Top Employer rating.

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Post ID: @5pta+XKxvsmA

AIP was just announced at 135%. The company appears to be rewarding employees who stuck through the restructuring. They’re doing the right thing. But I fear that the damage is done and many employees will take the money and leave at the first chance.

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Post ID: @5vac+XKxvsmA

Seriously, are you stupid? Yeah bonuses will be awesome on a sinking ship. They want you out... duh

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Post ID: @cxq+XKxvsmA

bah. Who really cares how he spends his money? He never offered care about my employment while I was at TR. Instead, I was shipped of to BS and told it was congratulations on your new opportunity.

I knew from my tenure (seventeen years) that bonuses just became smaller and "raises" had the same reductions each year. Yes, I use the term "raises" in quotes intentionally.

I departed because I saw the bleak future, and with the writing on the proverbial "cave walls", I knew it was time.

If you're questioning the "leadership's" direction or your future for that matter, it would be wise to consider looking forward and out for yourself, because they will not.

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Post ID: @lng+XKxvsmA

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