Thread regarding Refinitiv layoffs

What’s going on with LSEG?!?!

I saw the announcement that their AI tool deep research was released. It seems barely useable, and Bloomberg’s tools are miles better. They’ve been supposedly building this for years.

Are people at LSEG even doing any work or is this all a giant fraud?


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| 101 views | | 20 replies (last 10 days ago) | Reply
Post ID: @OP+1kt5y1gyh

20 replies (most recent on top)

Share price down again. The issue is a broader leadership culture, especially within the AI division.

Success within LSEG's SLT appears to be measured by visibility and external promotion, such as speaking at events, rather than by executing a strategy and delivering results. As another poster mentioned, this is why they seem capable only of producing expensive videos and PowerPoint presentations to manage upwards.

There is no real AI solution, so LSEG has focused on a partnership-led marketing strategy that is so devoid of substance that AI partners are now avoiding LSEG events altogether.

The industry has noted that there is no compelling product narrative from LSEG. Until SLT's focus shifts from profile-building to execution, product innovation, and customer results, the share price will only continue to fall.

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Post ID: @eyw+1kt5y1gyh

It really is stunning that the workflows and workspace leadership teams have not been let go. Completely botched the Microsoft partnership, workspace migration, messenger rollout. It’s an entire group of flunkies.

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Post ID: @d9t+1kt5y1gyh

It baffles me that the Workspace leaders are still around.

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Post ID: @d5s+1kt5y1gyh

Don't need an entire essay to explain whats wrong with LSEG, it’s 3 businesses constantly bleeding growth - Workflows, Workspace and the Microsoft partnership.

I recon, change the leadership, and the stock will instantly pop.

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Post ID: @9yx+1kt5y1gyh

LSEG has typically managed to stay afloat through earnings announcements that artificially boosted their share price. The market has finally caught up with reality.

This is what happens when you encourage your best talent to leave or lay them off - they have drastically strengthened their competitors.

Rather than changing course and focusing on delivering real value, the company has doubled down on making increasingly artificial AI promises, a laughable partnership-marketing strategy and producing more expensive videos. As others have pointed out, LSEG fails to showcase any meaningful product differentiation or a compelling vision for the future.

To echo another post, partners and investors should be considering their exit strategy ASAP.

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Post ID: @96y+1kt5y1gyh

Yet another key executive leaving right before earnings…..nothing to worry about at all lol.

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Post ID: @8ah+1kt5y1gyh

Delivery of AI enabled products gets converted into bonus dollars. That's what we want, right? If you're not shoulders behind the delivering, what are u doing?

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Post ID: @7nx+1kt5y1gyh

LSEG’s recent AI announcements are the laughing stock of the fintech industry’s. The stock has dropped 6% since then.

Maybe more LinkedIn posts about it will make it better?

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Post ID: @7cb+1kt5y1gyh

Yikes

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Post ID: @58x+1kt5y1gyh

Shareholder fraud

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Post ID: @45x+1kt5y1gyh

what vision? any example please?

RE: Post ID @3x2+1kt5y1gyh

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Post ID: @3yj+1kt5y1gyh

@2mf+1kt5y1gyh The stock is at 7880, sounds the people currently in charge the ones that need to be managed out.

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Post ID: @3jn+1kt5y1gyh

an example, please?

RE: Post ID @2mf+1kt5y1gyh

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Post ID: @2nb+1kt5y1gyh

What the he-l is wrong with you??

Presumably you were recently managed out. Please don't tell us you're still on the payroll?

There are many recent examples of LSEG doing great work which aren't just press releases.

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Post ID: @2mf+1kt5y1gyh

Investors should take a closer look at how LSEG is being run internally. They have a culture that prioritises optics over execution, which is increasingly reflected in their share price performance.

Delivery and execution are looked down upon at LSEG, yet it's ownership that drives measurable outcomes. Instead, the organisation seems heavily focused on expensive videos (driven by ego, with no substance), wasteful events such as the Insight Series, and partner summits that generate no ROI or showcase any competitive product differentiation.

This is what happens when you layoff huge expertise, and promote people whose only skills are building PowerPoints to manage upwards. The best employees continue to leave every day - partners and investors should also look for an exit strategy ASAP.

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Post ID: @2kb+1kt5y1gyh

@1bc+1kt5y1gyh They also ship org charts and nepo promotions for people with no experience.

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Post ID: @217+1kt5y1gyh

The only thing LSEG ships is buybacks and marketing videos.

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Post ID: @1bc+1kt5y1gyh

Yes, LSEG is doing lot’s of work. I heard there are multiple things in flight related and the plans are to have different agents released.

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Post ID: @10c+1kt5y1gyh

You clearly didnt use niether deep research nor ASKB

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Post ID: @c5+1kt5y1gyh

the latter

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Post ID: @c0+1kt5y1gyh

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