All of Rochester closing... they told us only five offices will have any managers or direct workers: Dallas Ann Arbor Toronto Eagan Bangalore If you work at ANY other office, you are being terminated, except for a HANDFUL of telecommuters. Lots of... — read more 

Do we know? And is it continuing today?

From everything I've been hearing and reading, this week is shaping to be as bad as the last few, if not worse. We are still far from this entire nightmare being over.

Large management displacement & displacement of wholes teams at remote sites. Coming Tue to Thur across TR.

Looking at all the LinkedIN updates, where people have changed their Job title and company name, it looks like quite a few are now in positions that are probably below the level they originally had before the Refinitiv/TR sale? Are people moving into... — read more 

Just wondering if I am the only one still not believing we are done with layoffs for now...

If I’m reading this right, they’re not looking at cutting costs by a third, instead they are looking at cutting locations and layers by a third. Don’t know how they identify redundant management layers, but I expect all the VPs have been working on... — read more 

https://www.vancourier.com/thomson-reuters-to-flatten-organization-as-it-seeks-fewer-larger-acquisitions-1.23488242 TORONTO — Thomson Reuters Corp. plans to shrink the number of management layers and real estate offices at the organization by... — read more 

Any news on specific functions that have been eliminated? Some account managers have until the end of the year. They’ll need to reapply for new roles (likely fewer slots than people). This is starting to feel like (spoiler alert) when Thanos snapped... — read more 

TR announced today that they are shutting down the San Jose office. If you work in a location that isnt one of the TR hubs expect to be asked to move to the Hub or get a severence.

Why do TR HR care so much about this site? What are they afraid of?

In the Eagan HR office, there are signs on all the conference rooms reserving them Nov 12-16. Could be next wave Any chance we can get more info on this? Also, is this exclusive to Eagan or have people noticed a similar thing happening elsewhere?... — read more 

Just wondering, since a lot of companies in our field seem to be in similar situation as we are. Where is the holy grail?

Asking myself why an Ex-TR employee, in the middle of a workday would be posting on a layoff site about how great life is outside TR. This is the last place you'd find me if I found a great job and was loving life after TR. Especially in the middle... — read more 

These were VP and Senior Director positions in the Eagan Office: VP Technology, VP Operations, VP Audience and Strategy, and managing director of Super Lawyers.

Just wanted to let people who are in their fifties know there is life after TR. I was laid off roughly six months ago, and as of today I have a new job. I did maybe five interviews in the past month and received two job offers, so I even had the... — read more 

As an ex TR employee, I have been through what you are going through. I want to encourage you. It was horrible to get laid off, but now i am glad. TR FR is a sinking ship, full of with mismanagement, in a low growth space. I ended up way better off... — read more 

Is it true we are looking at more of the same next month? It'd be nice to get a reprieve at least until the holidays pass, but I know that's probably too much to hope for.

Given the bulk of the posts actually relate to Refinitiv I think they're getting off lightly as.comments relating to that business are still being posted against Thomson Reuters. In my mind they give most of the grief and escape the comments. Let's... — read more 

At least a handful of people laid off today in Toronto, probably more.

Entire teams of people who I believe worked in account management related roles were let go today. Heard crying in the hallways.

Reorg continues. As the next layers are revealed, layoffs here and there.

The Level01 leaderships stated that the creation of an exchange platform for derivatives is a game-changer in this market, as it will allow the customers to interact directly on the derivatives market, without the need for the involvement of a third... — read more 

Starting this week.

The large corp position announcement today includes a new position for the proposition lead- direct tax professionals, this position will include transfer pricing as well as Checkpoint. It was hinted in the last tax professionals town hall that... — read more 

We are expecting more people let go in early November after reviewing the business lines across sales and account management staff. My manager just rejected the management KPI sales for the year 2019 and shall be let go by the end of November. KPI... — read more 

Where is everyone on the "mood elevator" ?

Went through this article. Awfully familiar. https://www.linkedin.com/pulse/office-politics-make-best-people-quit-oleg-vishnepolsky

I haven't heard of anyone being let go. Are we in the clear? In the Townhall last week it sounded like we are going to be okay. Has anyone heard otherwise?

It's got to be, right?

More head-cuts early Nov after the GTM structure is fully announced. So many managers will be sent home, especially the middle management . Is this confirmed? Frankly, some cuts in middle management would be actually welcomed, so much dead weight... — read more 

I wouldn't be surprised by more layoffs before the next week is done. If there is a goal to get rid of as many people as possible before the next year starts, next week is the last they can do to fill whatever quota they have while honoring WARN's... — read more 

Somebody told me yesterday that laid off people can also collect unemployment. This sounds a bit too good to be true to me - anybody knows if this is actually a thing? If it is (which I doubt) then getting laid off would be even less of an issue than... — read more 

I'm not naive enough to believe that this calm in layoffs means we are actually done with them. I do wonder if we have any indicators on when we can expect more? I'm hoping we are safe at least until after the holidays, but I wouldn't be surprised if... — read more 

DC promised transparency during the difficult times ahead. And indeed, he and his top team have overachieved. They've gone beyond. Not merely transparent, but totally invisible!

As the TR company officials stated the two companies have come to an agreement and this acquisition will take place as soon as the regulatory approvals are done. The terms of the purchase have not yet been disclosed. Although it is yet to be seen... — read more 

Until reading this site, I never knew how many small offices TR (er r----dative) has/had. Truly amazing and sort of bad when you think about that from a cost model perspective (which leads us to this sad point). What on earth are all these small... — read more 

In my own opinion impact on revenue by closing language desks was underestimated. Eikon looks very poor comparing to BBG (gaps in content, lot of bugs in apps like FIPA, swpr which could not be solved for years) I know customers who were raising >10... — read more 

Does anyone know if it’s over for know?

Rochester NY site is getting smaller by the month. Great employees are leaving and not being replaced. It's a smaller site than Eagan or Bangalore, but there are lots of incredibly smart people there, not to mention we have (or had?) a great... — read more