The upcoming rounds will not be like anything we saw in the past. It will not be base on performance, but more likely time with the company and how much you earn. They will be looking to purge anyone that can be replaced by outsourcing or a recent... — read more 

Lots of VP's putting their life jackets on at the moment

Honestly, I'd consider that a life line. I want off this ride. And if me volunteering could save somebody who would actually want to keep their job here (as much as I can't understand why that would be the case,) than even better. So why aren't we... — read more 

Just everyone want to know if they are in the list or not.. with the suspense and axe hanging above your head has hard hit every one reduced to zombies.. working like zombie When is that f---ing layoff happening -- any HR folks welcome to share

You all understand that all those juicy severance packages can change at any time? As long as they change them across the board and for everyone, they can change the policy...

Post any updates in this thread

For ex Reuters people with service more than 10 years, when being let go, they will enjoy 3 month garden leave 3 month payment in lieu of notice 1 year of payment of last annual compensation 15%* 6 month payment for severance package Employee... — read more 

https://twitter.com/TheLayoff/status/1040679347420450817

Big announcement expected tomorrow related to consolidation in the legal business. Large volume of layoffs expected this fall in account management and sales operations , and smaller amounts in marketing and product organizations.

Cant you id--ts even setup dns? Your super awesome new name doenst even resolve Must need a new process, 20 pms, and dickie craigie to sign off.. 6 months of time for 30 of work.. or maybe the dns guy was laid off

How many people are leaving your team every day? If it's as close to the number of my team, then I can't figure out why Thomson Reuters would even need layoffs at all. So many people are leaving on their own. I guess everybody is seeing writing on... — read more 

What ever happened to this? Updates please

Most probably this will be anmounced on Oct 1 following the official split

signed with reuters contract around 16 years ago, i can tell it is way more difficult to let someone Ex-reuters go than thomson reuters itself. sanjeeve chatrath comes just 5 years and already being laid off, a bunch of his underlings, kimberley... — read more 

Hahaha, read the article below. Loanpriced way over libor, and making bets on headcount and infra cost reductions (heard that like 10 times before)... when BS finds they cant make infra reductions the headcount is gonna go bye bye Let us know what... — read more 

I know this isnt new news, but we need to talk about this... What a stupid, meaningless name, and what typical TR press release “based on customer feedback”.. Yeah my a-- it was. Wtf is a Refinitiv anyway? Wtf am i refining based on useless FR... — read more 

Fact: word is from reputable internal sources (HR, finance, senior management, tranformation team), that 10,000 F&R staff will be let go from October 2018 onwards until the rationalisation is complete - expected in 2019

As it turns out, the mass (read mass) layoffs will likely happen post handover as liabilities would be on refinitv books. they may forgo some severance package. The exercise has already been done and all errant / disliked are earmarked. All the dumb... — read more 

I bet on it happening in Sep, rather than Oct. Any guesses anyone?

Tom Glocer and Devin Wenig with their millions of $ were the downfall of this once great company. The systematic replacement of experienced relationships with up start MBA students with zero experience and worse still, zero relationships. We meet... — read more 

many cancellation, layoff, and people was let go in droves and the management in my asian office keep mumbling about homo, g--, les and slavery, human rights, woman right, risky women, do they even know what is going on ? lucky that i am the only... — read more 

Looks like this is endemic in many orgs. Just like Six Sigma days going back 10- 15 years. Here is from Qualcom post https://www.thelayoff.com/t/UJl3rUu qcom creating more PMs than innovators and engineers These days qcom has become good training... — read more 

What exactly do Project Managers and Scrum Masters do anyway ? What do they contribute to the company bottom line ? Looks like these employees warm up their seats all day by sitting on it all day without doing doing anything of value

What do you think will happen? What major moves will Blackstone make? How will that impact us?

Any idea how to estimate severance calculations? UK, Singapore, US, Netherlands, Switzerland etc?

My team have 4 people gone, some are getting promoted. At least 25% cut, Asian office severance package too costly to cut. Watch out info the Hub

You all know that at least 50% could be let go and it would make no difference. The only thing stopping it will be the cost of severance- which are one time expense charges anyway..

Love to see how the all Global Head of accounts recently impacted by cancellation of thousands Eikons, they indeed need a Global Head of Account Cancellation Look like Credit Suisse, UBS, Morgan Stanley is following the lead of BoA

http://jobs.thomsonreuters.com/ShowJob/Id/146182/HR-Manager,-North-Asia/ Posted: 7 Aug 2018 ( Good timing ) Ready to be laid off, they even need a new HR to handle layoff, this must be a holly m---acre

Will the incompetent so-called leadership management be laid off as well ? many director just confirmed leaving package, Thomas So will be laid off soon, he has a special relationship with a female management in Singapore, but the new girl join Ryan... — read more 

Consensus estimate of job cuts in my region is in the order of 25% which was also the approx cuts in 2016. Expect layoffs in Mid Oct - end of Nov, typically all on the same day, usually at the start of day on a Friday or before any (long) weekend (to... — read more 

15% cuts coming in TR. Mckinsey review will decide locations to close and teams to cut. Is there any more info on this? Is this credible information or just rumor gone wild? Fifteen percent seems too high to be true, but I'm not willing to count... — read more 

We cannot control any of this ... but we must not let it control us. Insecurity s---s in the work place and I am tired of worrying. I 'm stealing a quote from somewhere "I'd rather be at the bottom of a mountain I want to climb than at the top of one... — read more 

Refinitiv offers packages that are attractive to employees but you are bound to stay for ?? months with them before fully getting the offer: payment for years of service, advance salaries, continuous tenure, etc. Saying Yes is like still working with... — read more 

Looks like another re-org is happening? Any word on when or where. Or is it the usual Thanksgiving layoffs

Thomson Reuters is rotting to its core. How do i know it? I worked there for 15 years!. The company is very good at retaining the wrong type of people. Capable ones either leave voluntarily or get laid off. Only the ones that have nowhere to go stick... — read more 

There seems to be a lot of bitterness for whatever reason. I worked there too, among some great people, and mostly enjoyed it. I expect there will be job cuts after the close. I doubt they will be anywhere near the scale reported in the posts here... — read more 

The post about too many Global Heads with undefined non-jobs s---ing in overinflated comp packages hits the nail on the head. I worked in th F&R division and before that at Reuters for over ten years. I have been astounded at the number of... — read more 

Only worked for TR for a few years and feel totally bemused, let down and baffled by work load distribution, targets and real lack of support from managers. Asking for help is a waste of time. But I do it to cover my back as no one else is. The team... — read more 

Thomson Reuters is rotting to its core. How do i know it? I worked there for 15 years!. The company is very good at retaining the wrong type of people. Capable ones either leave voluntarily or get laid off. Only the ones that have nowhere to go stick... — read more