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?
Destruction of Reuter’s brand
How much longer until Bloomberg airs the dirty laundry that the new F & R (Blackstone) is monetizing and circumventing the old Reuter’s need ethics clauses? One of the most trusted unbiased sources of news will collapse. PE firms don’t sign 30 year... — read more
eLearning and Regulatory Intelligence
Any idea if these will be sold or what? After being dumped by F&R, they're now not part of Legal or T&A or any BU. What's happening here...
They are counting on a lot of people in their 30s and 40s to see the writing on the wall
I think they are counting on a lot of people in their 30s and 40s to see the writing on the wall and to intensely job hunt and find new jobs. That will count for their hopes for attrition and will be part of the 3200 jobs they want to get rid of by... — read more
Lat's not give them the satisfaction
I think they are counting on a lot of people in their 30s and 40s to see the writing on the wall and to intensely job hunt and find new jobs. That will count for their hopes for attrition and will be part of the 3200 jobs they want to get rid of by... — read more
Tax canada
Layoffs should include the Simpleton, the Bully and the Loud and Obnoxious
Layoffs in January?
A few weeks ago it was mentioned that we are supposed to have more layoffs in January. Haven't heard anything about that since, so is there any chance that it's not happening after all?
Being Agile
Can somebody please tell me how to be more agile? It’s my boss’ new favorite word. If someone can also explain how the word applies to whatever it is that is happening with the alleged reorganization, that would be great, too.
Cuts in Asia?
Asia seems to not be hit as hard as EMEA or US so far. Any idea if this is part of the strategy or it's just a matter of time until the large scale cuts also hit Asia?