Pros
In my years working at TR, I've always been in awe of my amazing colleagues; they operate with integrity and professionalism, have great senses of humor, and are very inclusive. 2 out of my 3 immediate managers during my time at TR have all been great; ensuring that your family and your health come first. TR responded very well during the pandemic. Still, to date, no one is required to return to the office, and although people were encouraged to start returning in August/September 2021, now that the Covid numbers (due to the variant) are increasing, that is all on hold.
Cons
The new leadership team devalues employees that have devoted years, not to mention decades, of their lives to TR. It appears that the goal of the new leadership team is to prove that this is not the same Thomson Reuters from a decade + ago. The "Change Program", which seems never-ending (although it's set to end on 12/31/2022), means terminating excellent people who've given the best years of their lives to TR. As part of this program, six figures plus are being spent on consultants trying to tell employees what to do, then the dawning realization that the recommendations are all crap and are immediately cast aside. Countless hours are wasted supporting the "Change Program" and yet nothing good will come from this, except a shell of a company will remain with new, inept people who don't understand the products nor the customers. Thousands of people are being laid off, including entire teams, in one sitting. Direct managers aren't even consulted before employees are terminated. Performance reviews aren't reviewed before choosing which employees to terminate, nor is one's personal situation. Who cares if there's an employee who has always received "exceeds expectations" on their performance evaluations, who is single and taking care of a chronically ill family member: terminate them. Who cares if there's an employee who is the sole breadwinner for their family, as their spouse lost their job during the pandemic: terminate them. Then the remaining people are scolded for not picking up the work laid aside, in addition to their own responsibilities. "Do more with less" is the mantra that's ingrained in everyone's heads. What this really means is do more with fewer resources, less experience, less knowledgeable managers, less support, less personal time off, less sleep... What does the leadership care about any of this? The stock prices keep increasing, as does leadership's net worth. We were once a company of over 60k employees worldwide. Now we have fewer than 20k, possibly 15k, employees. No one is safe now. One's only chance for surviving at this company seems to all depend on where one is located, although location is no guarantee of being safe. If one is not working out of Eagan or Dallas, then the writing is on the wall and you'd better be looking for a new job, unless you're willing to relocate. That said, the new preferred location is now Toronto. I've devoted most of my career at TR, but sadly, that means noting now. Loyalty means nothing.
