Topics regarding layoffs at Thomson Reuters

Topics regarding layoffs at Thomson Reuters

Indifferent to the departure of key talents

Despite the fact that many are underpaid and everything else that's going on, there are still many good and talented employees here. It is impossible for me to imagine what TR will look like after the those remaining employees leave? What kind of... — read more 

silence before the storm

what’s happening in the company, no sales, people leaving like this place is haunted and no town halls from leadership.

$2,000,000,000 stock buyback

They spent $2 billion on a stock buyback. They could have given each employee here a $40k raise/bonus. And even with that still have $1 billion to spend on a stock buybacks Hmmmm……..

1389 Open Roles

While it’s gone done a small bit I suspect it’s not going to go done any further. If anything the roles will just be removed. A recession is looming. Companies are initiating hiring freezes. From what I can tell there is a partial one here. They... — read more 

More missed sales targets and failed products

Just heard that our BU continues to miss new sales targets. No surprise they decimated the sales reps this year and installed a new lower paying role with 100% green people. Additionally, several large initiatives need to be pushed or pivoted due... — read more 

I hope it's over with layoffs for now

As far as I know, finance was hit. Given that the atmosphere is very tense, I hope this is not a sign that there could be more layoffs. I really care about keeping my job and knowing that it's out of my control leaves me feeling pretty desperate... — read more 

It could be time to move on if

You lack passion. You don't wake up with a feeling of excitement towards your job. You are miserable every morning - you dread going into work. Your company is sinking. No need for you to sink also. Put on your life preserver. You really dislike... — read more 

Early notice

Layoffs we're given out for July 1, 2022 Isn't it weird that TR gave such an early notice?

No, you don't want to be laid off

I know it's now popular to say you can't wait to be laid off, but trust me, you don't want to have that happen to you. I have experienced a layoff before, and even with a decent severance package, it's not something I would ever want to go through... — read more 

TR a bad mark on resume now??

And after almost 20 years I decided to start looking. It was a great run up until the last year or so. Shocked to have two different recruiters tell me essentially the same thing. That a candidate from TR used to be basically be a slam dunk and they... — read more 

Cognitive Dissonance

Profits are trumpeted while employees are asked to sacrifice and work harder, once again.

The company's reputation

TR should take a little more care of its reputation. Ever since I started working here, I think the collective opinion regarding this company has never been worse. The only thing I'm not sure about is what damages the reputation of this company... — read more 

They don’t even care about customers

It is more or less clear to everyone that they do not value us at all. But it is very concerning that TR no longer cares about customers either. I notice more and more dissatisfied customers. How could they not be dissatisfied... Is it possible... — read more 

The worst place I've ever worked for, hands down

It is overflowing with insecure managers who have no idea what they are doing most of the time. This is why you have to play d-mb as well plenty of times if you want to keep your job. If they see you as a threat, you're as good as gone. But if you're... — read more 

Shortstaffed teams

We desperately need more people. If we stay shortstaffed for a while, that is, if I have to continue to work for two or three people for a long time, I will not hesitate much whether to quit or not. How many people are missing from your team?

Circus Crew

So the CEO is a very solid front face and talks big vision. Typical CEO and seems like a good one but the level below him is where it seems the circus crew begins. CPO reads text off deck, word by word (read as inspirational), the long gone CDO used... — read more 

1443 Open Roles

Well. Looks like we hit the limit between these last two weeks. We are starting to drop a little. Either they gave up or are filling seats. Not sure.

Things are changing very fast

I am a little older generation. I started working here when the company was very different. I am fascinated by how quickly things have changed and now I could say for TR that it is a totally different company than the one I started working for. But... — read more 

Younger generations

Strange as it may sound, counting the days until retirement makes me feel depressed. I thought I would be jumping with joy when this time came, but I have been here too long and despite everything, it will be a bit unusual for me. I'm feeling a... — read more 

Layoff season over?

I haven't heard of any layoffs in awhile. Is it finally over until the fall?

No growth

I don’t see that leadership has any good and concrete plan for growth. Lately, I've been thinking more and more about going to a growing company, even a smaller one. We could have a long discussion why there is no more growth at TR and what are... — read more 

Resume writing services

I'm not getting any bites despite sending many resumes out. Do you have any recommendations for resume writing services?

1482 Job Openings

Another 2 weeks since my last post and the positions just keep going up. No end in sight. What’s going on here?

Praising the leadership is half the job

Not at all genuine praises and compliments. False expressions of gratitude. Being a "yes man". This is what most managers here value more than hard work. It is disgusting how they think that all these false compliments are a greater expression... — read more 

Differences between departments

I think I work in absolutely the worst department here. I don’t know which department at TR is best for employees, but I know it can't be worse than this one here where I am. Aren't the differences between the departments here too big? At the... — read more 

Request for Info: Project LOTUS

I’ve searched all across the Hub, Salesforce, Teams, SharePoint, IRMA, EMS. I have climbed highest mountains, I have walked through the fields. But I still can’t get any updates on LOTUS. can someone help me?

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| 2590 views | | 7 replies (last April 13, 2022)
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Sent a lot of resumes but no bites

I hope I won’t have to send a bunch more resumes to finally get an offer and get out of here. I really have never sent so many resumes before. Either I'm unlucky or it's really not as easy to get a job now as many say it is. Perhaps those who got... — read more 

What is with the hiring frenzy?

I am watching with amusement the list of 15-30 new jobs that are supposedly being opened at TR every day and am wondering what is going on with this company as a prospective new hire. I have been stalking this forum the past few weeks after I... — read more 

TR in the process of selling several products

TR has hired a major CPA firm as a business broker to sell several products and the teams that produce them. Information that the broker has disseminated to prospects calls this a "multi-asset divestiture." This involves 3 teams. The sales are... — read more 

Bunch of exits and layoffs last Friday?

There was a team deploying an exciting analytics tool across product and I found last minute on Friday that their director was leaving along with a bunch of other data & finance leaders. I don’t know if these guys resigned after the fat bonus or... — read more 

Make no mistake you WILL find better pay elsewhere.

TR is not competitive in the market. If you're looking to leave TR, make no mistake you will find better pay elsewhere no matter what role you're in. Easily 10% or more. Brush up on your interview skills and get out there. ELT and HR are doing... — read more 

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