Did anyone attend or hear what happened? We were told it would be comminicated to us.
Even health care providers know how bad it is
I saw a doctor today who sympathized with me and the Thomson situation. She has a friend who left a few years ago. She totally understands how miserable it is working there now. So even people on the street as it were know what's going on. The Jig Is... — read more
Flattened organization
We were told the new "flattened" organization would make things simpler Am I the only one finding it more complicated? My new manager has no time because he has so many people reporting to him. It's impossible to get answers and he has no idea what... — read more
Copyeditor, not Ecitor
My position as Director was eliminated as of 12/31/18 after almost 30 years with TR, back to the WG&L days. Just before I left, to help with a year-end deadline crunch and transition, I reviewed a journal article edited by a lower-level editor with... — read more
Why hiring new people when layoffs are happening?
Toronto and Dallas are hiring across functions in Legal and Corporate yet the same divisions laid off people a few weeks ago. What’s happening? If the new hires were fresh college grads, would have understood why. They are hiring experienced folks... — read more
Any chance more voluntary buyouts will be offered?
I wish my team was among those who received the VSP option - I'd jump on that opportunity in a flash. I'm hoping more will be offered in the following weeks or even months. Do we have any indications that this might actually happen? That Thomson... — read more
Are more layoffs happening in TR Toronto? Are Legal and Corporate getting chopped?
Kennedy has been culled. What does it look for Bremner? Amazon is just next door.
Canadian Housing Bubble WAS The Economy, and it has Popped.
Housing/Construction and related industries make up about 20% of Canadian GDP, which is off the chart too high, making for a very unstable economy. Economies should be driven by real industries, not housing bubbles. Canada has already entered a... — read more
Abandoning Canada - and Media is Next in the Crosshairs
Another black day at TR. Staff at the printing and distribution centre in Toronto were all told the facility is closing in August 2019. All the work is being moved to Eagan. They also announced the sale of the Cyberbahn and Marque D'or business (the... — read more
Voluntary Separation Program (VSP)
Voluntary “buyouts” announced for Hoboken and Dallas employees today. They need 5 employees from each location to accept the package. Last day would be May 31st. You get two weeks pay for every year worked paid out on your bi-weekly on the regular... — read more
Really, a 30 minute hub chat about company's financial future?
The hub chat scheduled for 30 minutes today is laughably inadequate means to educate employees about future earnings Outlook and context. It's been viewed 79.000 times and so far has like 5 questions or comments. People are afraid to ask anything and... — read more
Future of TR leadership and bonuses
Saw this: https://www.bizjournals.com/southflorida/news/2019/02/21/thomson-reuters-ceo-smith-buys-second-condo-at.html Does this mean that employee bonuses will also be higher this year? Is JS setting up for retirement? Who will be his successor? I... — read more
More layoffs in March?
What are the chances we'll be looking at even more layoffs in March? I've heard it mentioned a few times as a possibility.
When people left, all that experitise and knowledge walked right out the door
As an almost 20 year employee who left (voluntarily) several months ago, I saw tremendous change during my tenure there. There was less and less regard or even acknowledgement of the actual work getting done and who was doing it. And more and more... — read more
Salary freezes?
Does anyone know if the rumor of salary freezes is true? Many people promoted into new roles were made offers to switch laterally and fast with the verbal commitment that salary would be negotiated later. Will this even happen if salaries are frozen?
TR has always handled the workforce through attrition
TR has always handled the work force through attrition. In my opinion it's a very fair way to reduce the headcount without layoffs. I was replaced by staff in India and laid off a few years ago. I worked for TR for many years and really have nothing... — read more
Managers have been told to keep the headcount down
As a manager, I have been told to keep "head count" down. Fire someone and don't replace them. Someone retires, don't replace them. Use contractors instead. It's cheaper and easier to get rid of them. This post by @XmjI9VO-edel paints a good picture... — read more
This site is censoring pots/actively removing posts
This site is f---ed up b---s---
Circus all around
https://www.thedailybeast.com/reuters-staffers-to-bosses-stop-ignoring-complaints-about-manager-misconduct
Lack of trust develops when the same high level types stay in charge despite poor leadership
Lack of trust develops when the same high level types stay in charge despite poor leadership. Don't need to pay execs to write articles about burgers and earthquakes - really irritating to read that when so many valuable colleagues lost their... — read more
Legal ASM and employee survey
Jim S, Neil S, Brian P and Mary V were all on stage doing a Q&A with a Reuters journalist. They did a live texting poll where they asked attendees if they were excited with the direction the company was headed. 80% responded NO and the executives... — read more
Martens conference today
More org changes in mid March as they move "resources" around even globally. We are actually said that they're considering shifting resources from London to the US and vice versa. And that the costs do not outweigh the benefits. Well as a homeowner... — read more
Want to leave, but I don't want to end up in worse situation
Once before i took a job based on information received during the hiring process just to find that it was completely different deal than I anticipated once I started. I left soon after. Now I'm trying to get a new job and leave Thomson Reuters but... — read more
Can you still receive severance if rehires by TR as an employee?
Do you know of anyone who continues to receive severance after being rehired by TR? I recently learned of someone who is saying he is receiving both severance and a paycheck as a rehire. Is this possible?
Severance and Unemployment TR New Jersey
My position in Hoboken was eliminated 12/31/2018. Severance package is for a year. Does anyone know if I can claim unemployment benefits during or after the severance period? I filed a claim, got a notice of benefit determination with a weekly dollar... — read more
I'll pass
One of the things in my severance package was an offer to join the TR Alumni Association.
Survey
Leaving or staying, make sure you are honest in the survey tomorrow.
Cost-cutting and preparing the balance sheet to be attractive for a sale to another company.
ll is quiet on all fronts - at least in Tax. Sales reps are in Orlando this week at the yearly sales conference. I am convinced, however, that there isn’t a plan to grow the business. All of the restructuring they are doing, in my opinion, is in the... — read more
Legal/Tax - all very quiet , what is happening ?
is there any news on restructuring or cuts in Tax and Legal ?
Contractors only
It's extremely annoying that the company is hoping that people will retire or quit because of such low morale. And the only jobs postings out there are for contractors because they're too cheap to want to pay benefits. I find this disgusting. They... — read more
Why no recent posts?
Why are no posts newer than 2 months old?
Southwest trenton nj office
Is it true that the southwest trenton nj office, the home of regulatory regulation and compliance system conpliance is closing? This office is very important and has the leading product the the regulatory regulation compliance visualization market. I... — read more
Eagan, sorry, MSP, is no longer building a second entrance for Refinitiv
Just going to leave that here
Many in Rochester getting their end date on Wed 1/16
An Eagan HR person, no idea their level or importance, will be leading a meeting Wed afternoon for nearly 50 Rochester employees. My guess is we're finding out how many people were accepted for the work at home offer, and when the rest of us are... — read more
Got an "agile learning" email
Who knew we needed a head of Business Agility and an "agile pilot program" with "agile squads?" Stop the insanity!
TR Q4 2018 results on 26 Feb
We should hopefully have a better idea then. Don't rely on press coverage, dial into the call and read the presentation materials yourself... — read more
Legal Professionals Town Hall
What were the main takeaways from BC’s webcast? I thought there was little substance. Correct me if I’m wrong. Heavy use of buzz words: customers, agile, this and that. Very little transparency on priorities: get more customers — really? Manage... — read more
THE OLE CATCH 22
you know what it is - your manager puts you in an impossible situation that either directly violates the trust principles or puts your job at risk. it happened to me. did it happen to you?
Any news on layoffs?
What's the latest on the next round?