Topics regarding layoffs at Thomson Reuters

Topics regarding layoffs at Thomson Reuters

Tokyo started

I think I’m the first one that was shown the door. Oh well! I didn’t like the name Refinitiv anyway :)

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| 2040 views | | 2 replies (last October 11, 2018)
Post ID: @OP+VA4ItBt

Sing-along

I've got chills, they're multiplying Now our site's lost control And that power we were supplying Now it's dying (refinitiv) You better shape up, cos we need you now To train up Bangalore You better shape up, we're telling you Then we won't want you... — read more 

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| 2120 views | | 4 replies (last October 11, 2018)
Post ID: @OP+VAc3ld2

Let Them Eat Cake

Meanwhile TR increase payment to shareholders by 1.4%. Wouldn’t you think it would be wise to have stalled these dividend increases over the years and invested the money into the company instead ? Yes still pay a dividend but freeze the increase... — read more 

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| 2030 views | | 5 replies (last October 11, 2018)
Post ID: @OP+VAgG34E

There is life after TR!

If you get the opportunity to take a decent package, see it as a positive and move on. There is life after TR. The time it takes to get a new role (I can only speak fro London) will depend on various factors (e.g. Seniority and specialisations and... — read more 

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| 2920 views | | 5 replies (last October 11, 2018)
Post ID: @OP+VAtp1Mm

TR Severance

I went through this in late 2016. In terms of severance, it's quite clear: UK: the terms are in your contract. If you're not new, I believe you're entitled to 6 months pay + 1 month per year of employment. Pretty straightforward. US: if you're Band... — read more 

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| 4120 views | | 3 replies (last October 11, 2018)
Post ID: @OP+VAqZa6z

Mistakes will be made

Honestly TR will make the cuts in the wrong spots. They tend to not replace lower level employees through attrition which makes the work load far too much for those actually doing the work. This generally leads to massive turnover of skilled... — read more 

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| 2520 views | | 6 replies (last October 11, 2018)
Post ID: @OP+VAV50lf

Never felt so wanted to get sacked this time

This ain't the same company culture I joined anymore, if I don't get chosen as the "wrong people at the wrong place" this time then it just makes me look like a total failure and pu--y to Refuckitiv !!!

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| 2060 views | | 7 replies (last October 11, 2018)
Post ID: @OP+VAW6Abn

Layoffs/Redundancy Criteria?

Anybody knows how GE determines who'll be laid off? Anyone from HR here? What specific criteria is used for deriving decisions? I'm going to assume that age or pay are taken into account? But wouldn't that trigger possible age discrimination suits?

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| 1312 views | | 1 reply (October 10, 2018)
Post ID: @OP+VzXhSvI

Refinitiv Updates

This is what I am hearing today: Affected locations with 'some' redundancies (not sure how big: Banagalore, NYC, Hong Kong (not sure about Taipei)... If you have contacts at any of the locations you may want to check if they are OK, as always be... — read more 

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| 8860 views | | 20 replies (last October 23, 2018)
Post ID: @OP+Vz3nige

Wrexham - 300 Cuts

Yeah, right... Local MP (Ian Lucas): I do hope they (TR op auth) carry out their statutory obligations from now on, and I think they will come to regret treating loyal employees in this way... — read more 

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| 1860 views | | 1 reply (October 10, 2018)
Post ID: @OP+VzvQs9A

300 UK in the news

One staff member told us: “Some minor departments like IT are going to other parts of the UK. But the bulk of what we do in Wrexham is ‘likely’ going to Bangalore in India.”... — read more 

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| 1990 views | | 2 replies (last October 10, 2018)
Post ID: @OP+VzSopsX

To see only active posts

Been on this site for days and up until a moment ago I didn’t notice “ACTIVE” button right above the first topic. Can use it to see the most active posts (the threads with most recent replies are bumped to the top of the list)

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| 1020 views | | 2 replies (last October 10, 2018)
Post ID: @OP+Vzx6tHW

Everyone Please post layoffs here

Hey all, have a great morning and wish luck to everyone going through this rough time at TR Lets all please help one another like brothers and sisters Post the number of certain layoffs/site location/department/floor on this thread so we can all rest... — read more 

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| 1860 views | | 2 replies (last October 11, 2018)
Post ID: @OP+Vzc901j

Number of people being laid off

Created this thread so we can track know how many people iz TRI ditching off. Please post the number and location/country that you know of. Could be useful if you post positions too.

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| 5640 views | | 14 replies (last October 14, 2018)
Post ID: @OP+VznoT5Z

Update on UK redundancies

UK REDUNDANCY LATEST Q4 2018 Refinitiv: on Tuesday 9 October the company commenced consultation in the UK over proposed headcount reductions. Consultation will last a minimum of 45-days. After an initial period of collective consultation, individual... — read more 

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| 4560 views | | 7 replies (last October 10, 2018)
Post ID: @OP+VzrbHu6

Diversity!

Oh, diversity. Such a sweet word, a noble concept! However, take a moment to review Finch’s new organizational chart and tell me what you see? All men? All middle-aged? All white? Mini fortunes invested into diversity initiatives seem to offer a... — read more 

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| 4120 views | | 22 replies (last October 11, 2018)
Post ID: @OP+VyO5zJl

Saudi

They are sending someone to Saudi by Thursday , as HR could not secure a visa .....so couple there as well before hitting the Pharos land...

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| 695 views | | no replies yet
Post ID: @OP+VyZCMEe

REDISMISSIV

Done in Lebanon I guess with 7 let go. which office will be Next with REDISMISSIV new born company? yes no news is coming from London..

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| 3230 views | | 14 replies (last October 16, 2018)
Post ID: @OP+VyBGe1C

TR shafted us all right their (Fresh Prince of Bel-Air)

Now this is a story all about how Refinitiv got flipped-turned upside down And I'd like to take a minute Just sit right there I’ll tell you how TR shafted us all right their In Wrexham Town born and raised On the Industrial Estate was where it spent... — read more 

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| 6100 views | | 14 replies (last October 19, 2018)
Post ID: @OP+Vy0R4Bb

TR or Refinitiv

As people report layoffs or share what they are hearing please remember to note if it is related to TR or Refinitiv.

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| 2580 views | | no replies yet
Post ID: @OP+VyXrPhW

It Has Started: DUBAI

The culling has started in Dubai. About 30 people are gone we are bout 2 hours into it.

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| 7060 views | | 23 replies (last October 10, 2018)
Post ID: @OP+Vy88Hli

Outsourcing a large part of technology?

I had a strange feeling today reading the org charts (interim heads) that a large chunk of the technology organisation (e.g. implementation, Delivery...) could be outsourced ... thus leaving the dirty job to Tata or others. That could represent a... — read more 

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| 3810 views | | 9 replies (last October 9, 2018)
Post ID: @OP+Vxt1F9R

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