Thread regarding Thomson Reuters layoffs

The funny thing here at TR is that “high performer” has become corporate speak for an employee who is about to leave for a better company. Especially in Sales :(

Sales leadership is not providing the sales team with the tools to be successful.

If you fail to do the basics, adding new BU and initiatives will only compound the problem.

Once you start losing your experienced and talented employees it will take years to rebuild and get you back to where you started.

TR has reps right of college and/or no industry experience handling their biggest accounts. Doesn't take a genius to figure out that isn't going to work. You think the CFO/VP Tax/Managing Partner want some kid in their office telling them what research/software products they need? You used to need 5-10 years experience to even get an interview. I am counting the days until my retirement!

Some of those large initiatives aren't being pushed for missing sales numbers. They're being pushed to cover for the exec who didn't do proper diligence on a few companies recently purchased and found out it was going to cost a lot more money to get them there. They had to take that money from somewhere else.

"Commercial" and "excellence" = oxymoron.

Is it TAP you speak of?

The reason the BU failed to meet sales numbers is because they fired commercial excellence and the contracts counsel… and yet those groups keep getting cuts. So d-mb.

Of course customers don’t want our products. 😂