The correct figures for UK are the 294 in Wrexham and 280 others. Before this started there were 2,800 total in UK, so about 20% of them going.

** This post may be deleted, so if you read this copy and save and re-post. We are now twelve days into the birth of Refinitiv, and finally I see clarity into what is happening. Having been with TR (started with Reuters) for over 20+ years, and gone... — read more 

Even Bangalore office is impacted and i can hear the names coming fast and thick. But, LT remains intact. Same LT, which was functioning during TR and same now with new company, what impact this will have. Reducing workforce to help bottom-line is... — read more 

https://www.thelayoff.com//t/K2Qb2xQ or go directly @K2Qb2xQ

Rap Lyrics (FT Story below): It’s like a Fintech and a Spaceship got together and mated TR in our hearts as we progress anew Put that orange in the background and replace it with blue The Market’s locked down, and we got the key And if you’re... — read more 

Three reasons not avoid getting a job with TR: Outsourcing of technology jobs to Tech Mahindra. Frequent layoffs F&R revenues not growing Constant cost cutting This applies to tech candidates, not sure how things are on the business side, I'll leave... — read more 

What are the higher-ups feeding you?

Keep positive. Life is much more than a job. We will “Redifine” ourselves and find something different if need be. You are way more resilient than you think!

Additional advice, from someone else who has been through a mass layoff: Come out the gate swinging - your first 7-10 days are critical, though it may take three to six months to line something up. But within the first 36 hours it may behoove you to... — read more 

I am sure that HR will be in Nicosia and Gdynia for more Lay off next Monday. Wish you good luck! please remember Job can be lost, but skills are there for new beginning.

Regardless of what happens to me and everyone else, would like all of you to know that it’s been an honour and privilege getting to know and having an opportunity to work with many of you. Take care, stay strong and try to keep it classy. Your skill... — read more 

Getting another job can take a while (took me a 6 months to start working again), hope this helps someone. My mistakes: Looking for a job only in a same industry and with the same wage. Relying only on job applications via web (sending a bunch of... — read more 

They really took care of all of the middle managers and loyal employees across all the departments. Blessed to have such managers.

Singapore GTM lay offs complete with roughly 20-30% cut thru all functions (including early career?!?) after 5 days of firing. no pattern and no comms on future plans ELT floor walk announced for Thursday but did not leave his meeting room. prob did... — read more 

Rumour has it small tech teams will be laid off shortly and large teams transfered to third party vendors.

Had a meeting with Blackstone on Monday Sold the company on Tuesday Made people take a pledge on Wednesday Made people redundant on Thursday &Friday Chill on Saturday and Sunday.

The company literally has a campaign- complete with posters and name tags- that say “be here now”. perhaps the writing has always been on the wall. David Craig is as much a laughable CEO as he is effective. A company that’s more concerned with... — read more 

Some folks getting messages like this from thelayoff.com Error 1015 You are being rate limited The owner of this website (www.thelayoff.com) has banned you temporarily from accessing this website. Probably because everyone in TR appears to the... — read more 

Wondering if some Refinitiv HR people are monitoring this space and are reporting many posts! The mood where I work is extremely gloomy this morning. I was shown the door but I feel somehow liberated. The private equity ride feels already VERY bumpy... — read more 

Based on ip address; just so everyone here knows

Here's my positive spin... I've seen it way too many times at TR, there is a hit and some additional attrition that follows. Things slow down and pick up again - then people start coming back as contractors. The severance payout may be (and likely... — read more 

Do you have any updates about the Customer Support Department and layoffs in Manila, Philippines? Anyone has details if they got hit and if yes, how big is the hit. Thank you.

http://www.leaderlive.co.uk/news/16977834.anger-as-firms-plans-to-close-its-wrexham-industrial-estate-base/

This is a private equity firm now. This will happen every month if you don’t hit numbers. Get real! Are you all really thinking this is going to be where people come and never leave - no way. Haven’t you read all the stuff about a high performance... — read more 

All 15 staff told be gone by end of Jan

Not much left for the products with total of $230 million revenue. Techology management are pitching that they are better in technology and management to the higher managers and cto office. If so, why the fxx it is not making even 30% revenues of the... — read more 

My manager (according to his manager) shared some limited information with us in a private conversation, our business had been given the head count & total cost to be reduced in the first round RIF in 2018. It will be decided by current management... — read more 

I know all of us, who got hit by layoffs look at that as a big personal failure and a turn for the worse. Of course, that situation generates feelings of fear, despair, anger, or disbelief, but when the feelings settle and you get to see a more clear... — read more 

Do we have updates if Manila Site will be hit by this Massive lay offs? In case, any idea what are the roles being targeted (content? Customer support? Programmers? Events?) We are wondering at nowhere until substantial info is given by the... — read more 

There is some talk on this board that they are not done with EMEA just yet. Some say small offices (<15 employees) will be hit next, if not shut down completely. Does anyone know more?

30% gone, all IT, some middle managers, AM and Specialist and of course TAMS.

Shocking and sad stories coming from global quarters. There is panic everywhere. People who survived so far have worries of being outsourced or outsmarted by technology. SMEs are being laid off too :(

The US plan is written down as follows; Severance Benefits: Severance Pay; Medical, dental, vision and health care flexible spending account benefits; Career Transition Services; Incentive Compensation Payments (subject to the terms of the incentive... — read more 

Not sure how right and up-to-date this info is, just read it on Refinitiv board here (https://www.thelayoff.com/refinitiv or &refinitiv ), US locations that have also been hit are Eagan, MN and NYC (they are still expecting some more layoffs). There... — read more 

was laid off. The anticipation was worse than the actual layoff. It’s not the first time for me, but it is the first time it’s been done so humanely. I know a lot of people are frustrated and afraid for the future. I am as well. But if you get... — read more 

Any update on whether the employees have been told of the layoffs there yet?

Has anyone heard what is going on with Legal in Eagan?