Topics regarding layoffs at Thomson Reuters

Topics regarding layoffs at Thomson Reuters

New Hub

As this is the New Hub , can I announce ‘World Networking Day’. You need to ‘reach out ‘ and ‘touchbase’ With 5 complete strangers in other business areas. Tell them who you are and let them ask why the F you are calling them like some 9 year old... — read more 

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| 1280 views | | 3 replies (last October 17, 2018)
Post ID: @OP+VFSZUCc

Tribune de Genève

Hi. My name is Emmanuelle and I am a journalist at the Tribune de Genève.I am trying to get more information on what is happening at the Refinitiv geneva site and the current situation there. Testimony can be done anonymously and I do not have to... — read more 

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| 2180 views | | 3 replies (last October 17, 2018)
Post ID: @OP+VFfoUfU

Geneva info

Seems like the new corporate organization foresee the move of support functions (help desk and customer admin) to “cheaper” locations. So not only FTE but also contractors working in those depts - 30% in CustAdmin - will be affected. We will know... — read more 

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| 2110 views | | 3 replies (last October 17, 2018)
Post ID: @OP+VF4xpsV

What about technology ?

It seems tech teams are not yet affected in the current layoffs wave. J. Finch said that it will happen in the coming weeks or months, promising to be as quick as possible. If you have any insights or useful information please share.

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| 3440 views | | 13 replies (last October 17, 2018)
Post ID: @OP+VFBY84r

Is October 31 really the end?

Is it true that October 31 is when this whole layoffs-palooza will finally come to an end? It will be a nightmare waiting for the next two weeks to pass, but at least there is something to look forward to if this turns out to be true. I'll take two... — read more 

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| 2260 views | | 3 replies (last October 16, 2018)
Post ID: @OP+VFKmZTK

How on Earth is Refinitiv worth 17B?

This is some really weird sh-- and not enough articles are shedding light on this, and since this is the honest hub I would like to know your thoughts on this! Market Cap of all of TR is 25B as of last year. F&R contributes 54% of TR revenue, hence... — read more 

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| 3070 views | | 13 replies (last October 17, 2018)
Post ID: @OP+VF2F1f5

How are we expected to continue?

We have lost a third of our team and from what I'm seeing we are expected to provide the same output as we did prior to layoffs. How in the world do they expect us to achieve that and still actually go home occasionally? Who is the genius who thought... — read more 

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| 2580 views | | 7 replies (last October 16, 2018)
Post ID: @OP+VFBW83c

Zurich 15 out of 49

will be fun for the remaining ones...First time I'm thinking you are better off if it hits you, than remaining!

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| 1540 views | | 4 replies (last October 16, 2018)
Post ID: @OP+VFl8ks7

London TAMS

Do we know what happened with the meeting that the TAMS had yesterday in London?

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| 1620 views | | 1 reply (October 16, 2018)
Post ID: @OP+VFaLnIY

FXall to be sold soon!

Could be as early as next month for around $3B! Heard it from senior FXall managers who are helping with the sale. BS is not wasting time selling valuable assets then whatever left from Refinitiv. It’s clear that this is not a long term play but... — read more 

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| 2410 views | | 4 replies (last October 16, 2018)
Post ID: @OP+VFSTJsy

TR (not refinitiv) 2018 and beyond

Any thoughts on TR layoffs (not refinitiv)? Any insight into the longer term plans? Are they setting up to make it easy to sell the remaining parts (Legal, Corp, Tax) and get back to where it all started in news?

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| 4850 views | | 11 replies (last November 15, 2018)
Post ID: @OP+VEBvMXU

The Layoffs is blocked on TR/Refinitv IP addresses

While we get news of the bloodbath everywhere in the world, some people have apparently the time to block access to that page if you are trying to connect with an Refinitv or TR IP address. Use an Incognito or a VPN. Nice move btw...

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| 2030 views | | 7 replies (last October 16, 2018)
Post ID: @OP+VE89KZ2

When will this end?

How many more days/weeks/months of this do we have to look forward to?

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| 2410 views | | 4 replies (last October 15, 2018)
Post ID: @OP+VEmN5t4

Lions led by donkeys

ELT still in hiding. Over the top boys! We've secured our own futures and will gleefully watch yours be cut down from the quilted comfort of our executive armchairs. When the gunfire subsides, the bodies counted and the hundreds of families ruined... — read more 

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| 3100 views | | 8 replies (last October 16, 2018)
Post ID: @OP+VE85kWu

Difference in severance

Out of curiosity, does somebody from Europe mind telling us what kind of severance packages are being offered to people laid off there? I've heard we don't even come close to what people overseas receive, but I'm having trouble believing that the... — read more 

Cyprus is closing..

I was just informed that Cyprus office will be closed March 2019. Also Gdynia and Geneva helpdesk is gone... any news for sales?

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| 2510 views | | 7 replies (last October 16, 2018)
Post ID: @OP+VERm6I3

Anything in the US today?

Are we expecting any cuts here today? I see Australia has already been hit and Europe is currently going through some RIFs, but does anybody know what we are looking at once we get to the office? I'm starting to feel like this will never end, every... — read more 

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| 1964 views | | 2 replies (last October 15, 2018)
Post ID: @OP+VEsoQPz

SYDNEY today

approx a dozen gone today. Some insensitive actions towards a couple. No moral intelligence shown. I can't see how the newco will be better. I wish those affected all the best. In a way they are better off being out of all of this.

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| 2280 views | | 9 replies (last October 16, 2018)
Post ID: @OP+VEZrBmq

US Legal Impact

What are people in US legal hearing? Seems like we're heading towards layoffs as well but no one seems to know anything, which is causing even more uncertainty and anxiety.

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| 1330 views | | 3 replies (last October 15, 2018)
Post ID: @OP+VEZRB0a

My Pledge thingy is VERY cringy!

A colleague of mine who pledged the following: “I’ll work harder, the startup way!” and was all over the celebrations and all excited... just found out today that he was let go! Who’s the mo--n who thought it was a good idea to manipulate these poor... — read more 

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| 2090 views | | 6 replies (last October 17, 2018)
Post ID: @OP+VExc4GF

History of Thomson Reuters (now Refinitiv)

In the 2000s, TR execs decided to start acquiring small successful companies and integrate these companies into their existing products. These execs had no actual plan on how to do so. They started buying more and more companies hoping that one of... — read more 

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| 1900 views | | 6 replies (last October 16, 2018)
Post ID: @OP+VDDY29B

Stealth Layoffs Going On Everywhere the Past Year Or So

While the media and corporations inundate the public with "Greatest Economy EVER!!" stories, the reality is quite the opposite. Layoffs are rampant, but purposefully, intentionally hidden and covered up with a myriad of tactics. Everything from... — read more 

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| 1116 views | | 1 reply (October 15, 2018)
Post ID: @OP+VDzGOxg

A useful tip when signing the redundancy document?

Thinking about someone who posted earlier here saying they wished their partner gets the boot now as the packages later will be less. They will always pay the obsolute legal minimum (as they can't take any risk) everywhere. If you manage to get more... — read more 

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| 2050 views | | 5 replies (last October 15, 2018)
Post ID: @OP+VDu1fJI

Outsourcing - stealth layoffs without much publicity

This has been going for a while and without much publicity. Just google Tech Mahindra, Tata, Epam, IBM, infosys and TR "strategic partnership" The way it goes: one of the above firms wins the bid (last news were TM and TATA), then TR does a stealth... — read more 

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| 1280 views | | no replies yet
Post ID: @OP+VCRb6P9

This time it’s not just about the headcount

Manager here too, no view of this. All agreed much further up. I know Blackstone have been reviewing the different parts of the business in huge detail since March-April-May as I know people who presented to them. I take a different view from most... — read more 

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| 3250 views | | 9 replies (last October 14, 2018)
Post ID: @OP+VCqaUl2

Lack of leadership integrity

Hey LT guys - if you're serious about cost cutting, and cost cutting is necessary, take salary cuts yourselves to contribute to the bottom line. Do any of you have the guts to raise your hand and say, "Refinitiv can operate more efficiently by... — read more 

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| 1950 views | | 5 replies (last October 13, 2018)
Post ID: @OP+VCv6cGI

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