Do we get any severance package and if we do how is it calculated (have to addmit, haven’t paid attention to this until now). I suppose a lot of other people waiting for the axe to fall are wandering the same.Btw, I’m US based.

How does the actual act of communicating that you've been laid off happen? Do they call you in a conference room? Who is there? What do they tell you? How long does it take? Many of us are anxious, please share.

With respect to US employees, if the ax does drop hard, and it appears that many sacked employees are over age 40, those employees over 40 have specific rights under the OWBPA section of the ADEA. If you fall under that category, do a Google search... — read more 

Cape Town has been hit, the Worldcheck content ops team ( automation and reporting). They were told this will now go India

What ever mind game they play with you. Do not resign and become zombie and overrun HR.

St Louis will see an impact this week, big hit there! London so I have been reliably informed will be severely hit Tuesday and Wednesday, I don’t have any info on NY as no colleagues have had initial HR chats about staff in that location yet.. and... — read more 

[LET US GO - by: BORED EMPLOYEE] The rumors float heavy on the net all week Not a hope glimpse to be seen a sh--scare of redundancies and it looks like we're all in heat the mail is howling, and everyone's spitting bile couldn't work sh--, heaven... — read more 

How bad will the next week be? Looks like many people believe that notifications will go out on the 8th, but I'm not so sure (although I've been wrong about stuff like that before.) In any case, I plan to really take advantage of this weekend... — read more 

Proud announce my new job as Global Head of Buffoonery and Chicanery AMERS (GHBCA) at Repetitiv. Excited to be part of a larger team of imposters and frauds in which I have a better place to hide. Ecstatic that my paycheck continues to flow for... — read more 

Its remind me 8 years ago we are celebrating with flagship product tr Eikon there is many clown show up with blackberry chart desktop come with different races of trade guy and girl this fancy ad which open over and over again if you have that link... — read more 

The 2016 layoffs was the same way: they looked at an org chart with salary + seniority and started at the top, sometimes cutting the one person who had been with a product for years. I heard the exercise was from HR and not the businesses (so don't... — read more 

When TR let 2000 headcount go in the last redundancies in Nov 2016, they took a $212 million severance charge - this can be found in the 4th quarter results. Therefore taking the $500 million one of charge being forecast over the 3 years to 2021, we... — read more 

The last poster just said “But TR is about making money and maintaining the couple of million dollars a day we pay to the Thomson family in dividends that have risen nicely over the years.” Are you serious dude? What on earth do you think the company... — read more 

I know most of you don't want to hear this, because you can't handle the truth if it isn't "Everything is AWESOME!" But nonetheless, the truth is the truth, so here it is. Worldwide, Emerging Markets are in full scale crash mode, including China... — read more 

Immediately as today, immediately as this week, immediately as this month, quarter... What does it mean? I'm so sick and tired of this waiting game. If you plan on laying off more people just go ahead and do it already. Don't keep us waiting and... — read more 

Thats what Craig said in todays Townhall, except that it doesn't seem to be the truth! 5% would translate into less than 1000 employees - just a hiring freeze would do, no job cuts needed, the target can be met in a year. And, what was that $300... — read more 

I'm keeping my fingers crossed I get the good news today. I know I'm not the only one. How can anybody still want to remain at this place? I can understand people who want to ride it out because they are close to retirement, but other than that?... — read more 

Hello, Kindly post any actual layoffs occuring in the company here, No side talks and speculations, stick to news about actual layoffs OCCURING! Best!

I see this kind of comment a lot, and wonder if these people have any idea what's actually going on in the media industry. Do they even work in the media industry? For starters, if this is happening at a company like Thompson Reuters, anyone with... — read more 

Relax, breathe in, get mentally ready, it may happen and that’s OK, we’ll be fine no matter what... You will need to be calm and collected over next few months – you need that inner stability to get through what’s ahead. Yes, you will be fine. Avoid... — read more 

Anybody else here at the crack of dawn, too nervous about today to sleep? I'm not sure what exactly will happen today, but there has been enough talk and indicators to be nearly certain that today will be significant for most of us - and most likely... — read more 

http://www.thebaron.info/comment/refinitiv-how-about-regurgitiv

Not expecting anything good coming from it, but at least it would probably paint a more clear picture of where we stand, and give us at least some sense of how much more reductions we can expect, of course, that is if we survive October. The earnings... — read more 

TR are in a bad state, so anyone who is kicked out in this latest huge round of redundancies is lucky. TR treat their employees like dirt, and have the nerve to include "Trust" as one of their values. There are some good aspects of TR, but even... — read more 

Saw some news on Blackstone might want to sell FXAll - would that include Dealing and Matching? Can anyone comment on this

Wouldn't "immediately after Oct 1" mean Oct 2/3? Is it perhaps hiding in plain sight?!? Why would anyone hold a company wide townhall, only to layoff a huge chunk of them shortly after? But again, given the general level of inefficiency that's... — read more 

All, 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... — read more 

My question is we're obviously starting off at definitive on October 1 meaning to the best of my knowledge we are going to be on a new contract If that is the case then I would have to sign a new contract, but what if I do not agree to the new terms?... — read more 

Stick Refinitiv posts in this thread: https://www.thelayoff.com/refinitiv or go to &refinitiv

F&R look to be downsizing the Wrexham operations site with jobs being outsourced. No immediate changes however VEDaaS product is to be axed in favour of other F&R services offered.

"Many of you will have read the recent press stories regarding the savings planned and the structure of the debt. I know that the upcoming changes to our organization are very much in everyone’s minds and my commitment to you all is that we will be... — read more 

I'm thinking it might be a good idea going forward to mention in posts if your comment pertains to Thomson Reuters or F&R/Refinitiv (at least until a separate Refinitiv comment board is added.)

There is no doubt there will headcount reductions in the first month. But what if they are not just using the rooms for layoffs, but using them also to talk to about your about your role being "reclassified" or something like that. All in the an... — read more 

Tata Consultancy Services (TCS) has won an around Rs 500-crore contract, which involves infrastructure management services and application development, from mass media and information company Thomson Reuters. From... — read more 

"Neil has been solely focused on getting capital distributions for the Thomson family. This is the final stage of dismantling the company for them and leaving only the news organization behind." In response this post earlier, he's in the business of... — read more 

...has nothing to do with it. The reason the Street is calling this $300M bond "junk" is in reference to the detritus the funding aims to finally clear out.

Few layoffs happened today in TR ie non-F/R staff that stayed back in TR. Fairly senior staff have been removed. Is this true? Any other place affected? Also, folks, please put important info like this on top instead of burying it as a reply in a... — read more 

My whole office only has FIFTEEN people left! I know now that all my counterparts that are doing my job in the rest of the world have either been laid off already or will be by the end of this year.

Looks like managers have no say in offices with massive amounts of staff (the consultation process would be too long, leaky). Small regional offices with limited staff is a different matter - some senior level consultations appear to have happened... — read more