Thread regarding Thomson Reuters layoffs

Squeeze, squeeze, and squeeze some more

Listening to all of these town halls, managers, company wide communication the tone they take is so anti-consumer. “We got 60% more money from them” or “They are now spending 30% more”.

Nothing about if those clients are going to get more for their money. Instead it’s all about “well it’s us or nothing”. Nothing like extortion tactics.

Really motivates me to grow the coffers of TR

by
| 2761 views | | 7 replies (last August 17, 2022) | Reply
Post ID: @OP+1i8TZV4B

7 replies (most recent on top)

Its a great time to grow their profits that DO NOT get passed on to those who did the work. No salary or pay increase for you. But your costs are going up so we just have to increase our prices too. Ohhh what’s that we had the biggest margins since me whenever. Well yeah we have no room to give anybody a salary increase that’s just not in the budget.

This large pile of $$$$ is going to our shareholders and that’s not you.

by
| | Reply
Post ID: @8xps+1i8TZV4B

It's shameful. At ASM they bragged about the current inflation we're all suffering with as a "once in a generation opportunity!" to increase prices.

by
| | Reply
Post ID: @6nfu+1i8TZV4B

HW is an id--t and looked like a fool inviting people to interrupt her. And then the clowns interrupted her.

by
| | Reply
Post ID: @2ucn+1i8TZV4B

HW was outstanding on the TAP town hall. She is absolutely stunning and brilliant. Very exciting.

by
| | Reply
Post ID: @yyt+1i8TZV4B

"Profits" roll in, the hiring freeze continues, teams can't fill baseline roles vacant for 6-12 months....

by
| | Reply
Post ID: @atk+1i8TZV4B

That's capitalism baby!!!!

by
| | Reply
Post ID: @cxk+1i8TZV4B

It can only go on for so long. Customers may not terminate contracts on increasing prices but they absolutely will leave if the products start falling apart on them. What then? Good luck trying to rebuild the product reputation from the ground up again. It’s okay though, leadership will just cash out before then.

by
| | Reply
Post ID: @fuy+1i8TZV4B

Post a reply

: