here in Dubai still waiting to unveil the boss of MEA..sure won't be NN..B Stone longing to have new stategies new spirit in top Mgt level..I guess the lay off is done for MENA unless it a just the 1st wave

Are we looking at more layoffs this week? While I'm a little comforted by the fact that layoffs stopped happening at the end of last week, that doesn't necessarily mean that there will not be more this week. Do we have any info on what we are looking... — read more 

As we could see, refinitiv get rid off almost all language desks and many client facing roles. I have a pleasure to work with Geneva, Nicosia and Gdynia russian desk and I can see very big difference comparing to Manila. Most of language desks are... — read more 

Surely Blackstone must be looking at the leadership team to make changes. They have had many opportunities to turn TR around and make it more competitive against the likes of Bloomberg, but have made little impact. The response has always been to... — read more 

Do you this book? well now they can add the Refinitiv chapter.. TR never cared about their customers. Remember when they launched Eikon and pushed the c-appy product to all they key customers? They spent more than 1 Billion dollars when other small... — read more 

About Argentina, what I heard is that a lot of people working for 'Reuters Support' will be released next year - they support customers in portuguese and spanish. I am not sure about the numbers, probably 10 or 20.... Looks similar to what is... — read more 

Being pretty certain that we are nowhere close to the end of these layoffs, for once I'm truly not looking forward to the weekend. Instead of being able to relax and recharge for the next week, all I'll be doing is worrying and stressing over what's... — read more 

Thoughts go out to those that are losing their jobs. Not a nice situation, but you will bounce back. I worked for Reuters in the early and late 90's in London. I left but stayed in the same business in the City, same field of market data, and watched... — read more 

They will spin off the business as a priority. Lots of good products but very little money and some seriously dumb business leaders running the show.

TR is full of people who have not worked anywhere else in their career. They have to their credit done lots of different jobs during their tenure and got to where they are HOWEVER have no experience of working in other companies. It’s a shame because... — read more 

Not surprising people are using this site as there is no information from the disgraced "leadership" team at all. Who last posted that they've all secured their own positions and how excited they are to share their org charts. Then they went silent... — read more 

I know Friday is usually not the day for layoffs, but the way things have been going I don't see the company paying much attention to that. I'm pretty sure we'll be seeing even more notifications go out tomorrow, the only question is where and how... — read more 

Hate to break this news to you, but laying off a large number of people off and migrating their jobs to a low cost centre and then getting these very same people to train their replacements is not new in Reuters. We did this when we moved a very... — read more 

What was expected, Gdynia helpdesk (russian, german frontline) will be fired. Overall 80 positions are going to be closed, but around 100 positions will be opened instead (customer admin from Geneva etc.)

Any impact to Chicago area?

BS strategy should be clear by now: Cut costs to meet debt covenants Sell best assets Exit in 3-5 yrs, don't discount as little as 2 yrs Selling the individual parts makes more money than the whole. They'll walk away from the flaming wrecked remnants... — read more 

I am surprised none of the media picked up the news from the comments on this website. Are layoffs so common these days?

100+ helpdesk and OMS staff were cut on Tuesday in Sydney Australia, this Lay-off website is not accessible anymore in office.

This is a cost-cutting exercise pure and simple. You can have all the competency matrices in the world, the results will be engineered based upon salary. If you're the bigger earner in your pool then you're gone simple as. If you are a victim of a... — read more 

Following the anouncement made here in Geneva. I would like to highlight a specific situation that we have with our fellow colleagues who are contractors for 5 to 6 years. In a nutshell the customer admin contractors are in a very specific situation... — read more 

Despite 280 being quoted by union so far this week they seem to be picking off low numbers or are the doing it by stealth? More people in the office than usual so could be we are not noticing

Very quiet from those offices. Any news or just waiting for the technology rounds and the outsourcing to take place later?

Layoff finally got blocked in Manila. Trying to control the flow of information (or misinformation i should say).

Can anyone really see us lasting until 31 January?? (Or March / June for some) Most don't want to be there now, the atmosphere has dived, few people really care - which they cant be blamed for. Refinitiv want to be an open company - they should have... — read more 

One of my most favourite reads. And it was once one of my most favourite pieces having seen it on two occasions... — read more 

I think that there is evidence of logic in this round. Entire sites where staff were comparatively expensive are gone or hugely reduced. Some individuals who haven’t done enough to justify large salaries for years are being made redundant. I wish the... — read more 

Now totally blocked from the office. Dead Truth hurts.

One look at the headline theatrics that is now called news is all that's necessary to understand why nobody watches mainstream news anymore, and they sure aren't going to pay to have "Trump trashes Stormy!" nonsense sent to them. People are looking... — read more 

Good source confirmed middle market is next. Bloated leadership, inferior management in “sporadic cost centers” of St Louis and New York and a high cost in Georgia. Centralizing costs and expenses.

Does anyone know if voluntary redundancy is being entertained as an option in the UK? Or should [theoretical employee] have requested it long ago?

No one here thinks all these layoffs will turn the sinking ship around. So that means one of two outcomes. A) your area or product will be sold. Outcome unknown. Or B) layoffs will continue until your product is profitable (a foreign word to some... — read more 

Anybody know which teams, departments, employee grades, etc. are being made redundant in Bangalore? Trying to wrap my head around what the strategy of redundancies in operational centers is?

Why did we lose some of our best workers once again? Is being knowledgeable about your job now a liability at Thomson Reuters?

I came from the Reuters world, and yes it was a purchase, not a merger. We (Reuters) were on the ropes, and darn near bankruptcy. Why do you think the "15% ownership rule" was waived for the Thomson Family. If Reuters was a health company, there is... — read more 

Nobody is posting about layoffs anywhere in the world. Could this mean that we get at least one day to relax? Or is that too much to hope for?

I was made redundant last week, and in a way I felt relieved. It did not hit me, until this week, so many people have reached out, people who I hired and mentored, people I worked with in several global offices, and all of them said "How much they... — read more 

Was this a joke! A workplace that having no answers for himself. Feel like exclusion or a 'being' liabilities for disposal. Somehow the answers keep us occupied are from bbc news and thelayoffs.com. #frustrefinian

I don't know of any official dates (not that I would've been privy to such, anyway), but if anything it would only be the end of "phase one". There are sure to be many more rounds I'm afraid. I can't see any good reason why there wouldn't be even... — read more 

I was made redundant in 2016, after nearly 18years service. In the the three years prior to that my immediate team was reduced by 60% with the work load not changing ( in fact increasing due to platform renewals and MifID 2) Yes phrases like ‘more... — read more