How much longer until Bloomberg airs the dirty laundry that the new F & R (Blackstone) is monetizing and circumventing the old Reuter’s need ethics clauses? One of the most trusted unbiased sources of news will collapse. PE firms don’t sign 30 year... — read more 

Any idea if these will be sold or what? After being dumped by F&R, they're now not part of Legal or T&A or any BU. What's happening here...

I think they are counting on a lot of people in their 30s and 40s to see the writing on the wall and to intensely job hunt and find new jobs. That will count for their hopes for attrition and will be part of the 3200 jobs they want to get rid of by... — read more 

I think they are counting on a lot of people in their 30s and 40s to see the writing on the wall and to intensely job hunt and find new jobs. That will count for their hopes for attrition and will be part of the 3200 jobs they want to get rid of by... — read more 

Layoffs should include the Simpleton, the Bully and the Loud and Obnoxious

A few weeks ago it was mentioned that we are supposed to have more layoffs in January. Haven't heard anything about that since, so is there any chance that it's not happening after all?

Can somebody please tell me how to be more agile? It’s my boss’ new favorite word. If someone can also explain how the word applies to whatever it is that is happening with the alleged reorganization, that would be great, too.

Asia seems to not be hit as hard as EMEA or US so far. Any idea if this is part of the strategy or it's just a matter of time until the large scale cuts also hit Asia?

Sadly people are finding out that the Editorial/Legal are all losing their supervisors. Some have found out before Christmas break during their review, some found out while being on workday and seeing they no longer report to a supervisor. Most all... — read more 

Does anyone know what is going to happen with managers who are becoming "individual contributors" in the move to "flatten" the organization? Will they lose the management bonus? Be forced to take pay cuts? Will they still have to manage people/... — read more 

Looking into the upper mgmt and lead pedigrees, I’m realizing that most of these people have been at TR for YEARS. Like 10-15 yrs plus. And I’ve never even heard of where they went to school. This is why the company is in the trash. D- level... — read more 

Today is the last day for many people at TR. Expect updated org charts on the Hub with lots of missing faces. Does anyone know if there will be another wave of layoffs in Q1 2019 or will HR wait for a big wave of post-bonus attrition in March before... — read more 

Last Wednesday during PM’s townhall was it just me or did he “try” very hard to make it clear that he’s been honest this entire time and management is not out of touch?? He’s either really naive or straight up lying. Either way he’s unfit for the... — read more 

For those needing some job tips after a layoff, I ran into this today. Frankly, I like the fact that it's not an article but answers from other employees, so it's more relevant, in my opinion. Anyhow, it's a short but good read... — read more 

For me there is no point in flattening an organization for cost savings and efficiencies if the same leaders making the same questionable decisions remain in their roles, and at least the same generous salaries and benefits as before. There are a lot... — read more 

At Kennedy last week we had our year end company meeting. It was the most uncomfortable meeting to sit through with them telling us how great these changes will be while we are watching people lose their jobs and knowing for most of the rest of us... — read more 

Read the Q&A with the useless position that is the chief people officer on the hub from Dec. 18. Someone in the comments section had it in them to call out the garbage that is going on. Great post. Then, of course, a corporate crony in the business... — read more 

Why is majority of those laid off in their late forties or early fifties? It looks like #agediscrimination is out of control here and nobody is really either talking about it or trying to do anything about it. I guess nobody but those directly... — read more 

Does anyone have details of the layoffs in Beijing Development? I used to have contact with some of the guys there, and hope they were not too badly impacted.

Check the thread for updates - CR is hosting the call.

Law Sites blog

I'm done with Thomson Reuters, I've been trying to find a new job for months now, yet everything I get offered is below my current pay. I wouldn't mind taking a small cut, but not as much as it's being offered. Is it just me or is the situation... — read more 

That's the way to go about hiring, experience be damned!

Any more layoffs this week?

I never felt so proud as when I worked for Reuters. First in the Stockholm office then as bureau chief of the Baltics, a tiny cluster of countries -- but with NATO meetings and Russian conflict punching way above its weight. In those days the company... — read more 

I’m wondering why the org doesn’t offer voluntary severance. Bit less pain getting to the 12%. They’d probably get a lot of takers. What’s the downside? Cost? They’re giving severance to people being laid off, what’s a few more? Extra cost could be... — read more 

Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) insider Brian Louis Scanlon sold 43,797 shares of the firm’s stock in a transaction on Thursday, November 8th. The stock was sold at an average price of C$47.61, for a total value of C$2,085,175.17.

Can anybody please tell me what's the situation with health insurance after being laid off? What are the options given? I'm really scared of ending without medical coverage right now due to my current situation, and that's making this whole thing... — read more 

I know they are expected to last for two years, but when will they start? This year? January? Mid 2019?

I am a manager and I can assure you that many of us know any more than non-managers about what is going on. We learn about layoffs with a couple days notice. And we are supposed to justify the decisions and keep our teams motivated. Please don't... — read more 

TR executives care only about their salary and bonuses. They put on the charade of pretending to care by sending out surveys to measure employee engagement/satisfaction, but they never take action on the results. I've never really understood why they... — read more 

Looks like those who were already laid off by Thomson Reuters are the lucky ones. There hand might have been forced in leaving but all of them are better off either already in their new companies or looking than having stayed here and having to worry... — read more 

I see that people are posting regarding the announced layoffs and which locations will be affected. Came across this article that states that the Bellevue location is going to be hit with reductions and that 75 jobs are being cut. I would appreciate... — read more 

Not that we all didn’t know or at least feel that something like this was going to happen, but when these kinds of cuts are announced the least they can do is to give the people some inputs on who is going to be affected and a more precise timeline... — read more 

90% of the staff in the Portland office were told they would be let go within the next 4 - 10 months. The impacted folks are from the TR Indirect Tax side of the business.

worthless sacks of dogdoo, to the pit of misery you go! DILLY DILLY!

“While we can’t share site-specific figures, I can tell you that Dallas is a strategic location for Thomson Reuters and will continue to be in the future,” Laura Rojo-Eddy, a spokeswoman for the company, said in an email.

Looks like unlike the rest of us at Thomson Reuters, those who are left at Eagan office are safe. At least some people will not have to worry in the following weeks and months if they are on the list as well... — read more 

The question I have is why the Board of Directors has left in place the same executives who have been in charge all this time and have achieved less than stellar results. I don't see any reductions in the executive layer. Same CEO. Same CFO. Two new... — read more 

I've been at this company for over a decade and it always amazes me that I hear everything by rumor and by reading it in the freaking newspaper. Corporate announcements to worker bees are vague and say nothing. I am disgusted by their lack of... — read more