Reuters Reviews
Updated Oct 30, 2011 – Reviews are posted anonymously by employees.
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Company Rating Based on 10 ratings Employees are "Satisfied" |
CEO Rating
Based on 2 ratings
President |
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Pros
fast paced, nice office, good people
Cons
low pay slow advancement cost cutting
Pros
I've been here for about five years and have often been frustrated by how slowly things move. Great culture, great people, and a sense of mission - but slow to change. But something is going on over the last 4-6 months. I've started to see decisions being made much faster, big investments that they actually follow through on, more focus on making sales successful and a lot of investment in technology. Based on what I hear from friends who work with the competition (AP) - it looks like we're going to kick ass.
Cons
Not for everyone - but reasonably long hours and we're a small piece of a much bigger company. Sometimes feel like we're the orphan in the organization.
Advice to Senior Management
Whatever has changed - keep it up. Morale is higher, the energy level has palpably increased. Things are happening faster. Dumb stuff is getting cancelled instead of dragging on. Some new team members that look really great.
Pros
It was a good place to work with opportunities in a lot of areas and countries with good managerial support
Cons
Some of the areas can be a bit political. Also, decisions (as with other places of this size) can be a bit scatterbrained.
Pros
Top notch reporters and photographers. Most mid-level employees are excellent and despite lack of resources developed are able to do their job.
Cons
Upper management not very interested in how the job is done just want it done. Not great management for a mega media company.
Pros
flex work schedule/work hours. Incredible potential for international assignments and international placements. Very diverse and multilingual my team alone probably had representation from 8 or 9 different countries.
Cons
drive. Reuters may not necessarily have the same investment banking hunger and determination that comes with your brand name IB banks but I guess it also doesn't have the stress factor as well.
Advice to Senior Management
Reward your people. I've seen many many young talented people slip through the cracks and eventually leave the company. It's very easy to stick around Reuters, but people get complacent - they know their job and have done it for years.. but the creativity, imagination and sometimes passion has been bled away by the blandness.
Pros
Good learning path
facing the clients
rewarding
4-week holiday
Cons
flat career path
salary rise is in small amounts
good start
Advice to Senior Management
ok
Pros
Great adherence to strong values in helping to inform 1B people around the world each day. It feels good, and people deeply care. The company also has good benefits in areas, reflecting its European roots. At the same time, people are driven, and there's a supportive culture. Management is savvy, although it can work harder at offering more transparency to employees. It can be hard to see what's going on at the top at times. The culture is also somewhat risk-averse, stemming from the traditional (and valuable) trust principles that drive Reuters, but management is receptive to innovative ideas if people want to run with them.
Cons
Reorgs can happen with greater frequency than one might hope.
Advice to Senior Management
Help the culture and pride shine in the US as it does in Europe.
Pros
Great company brand. Excellent journalistic content.
Cons
Dreadful Middle manangement. Bloated workforce, too much emphasis on outdated technology, product managment and marketing. Understand your customers better and make products they want rather than products that you want to create.
Advice to Senior Management
Cut out 50% of the middle managment. Slash marketing and refocus on local markets. Stop work from home initiatives for head Office staff. It's poor for morale when the New York offices are deserted on Fridays.
Pros
The salary and benefits were very competitive. The vacation time/paid time-off was excellent. My immediate manager and his boss both fought for their people instead of for themselves. Reuters was a large company, and I was at the lower levels where I was shielded from a lot of the politics.
Cons
Software development at Reuters was a complete mess. Too many products were being developed in too many places, which eventually led to lots of layoffs. The entire company seemed very disjointed. When people were laid off, there was no thought given to performance, only to geographical location.
Advice to Senior Management
Make sure you keep the right people on the bus.
Pros
Blue chip company. Lots of history and truly international. There are 2 arms to the business - Editorial & Information Technology. The experience will be dependent on which arm you work for. Reasonable career growth. A good name to have on your resume and a great stepping stone to another company.
Cons
Big sluggish machine. Although streamlining the product offering, there are still too many out there. Very much a Boys' club. CEO and COO are Harvard mates. Too many management layers and the 'fast forward' intent of weeding out old wood somehow also weeded out key creators within the company. Benefits vary greatly depending on location. Not a great payer.
Advice to Senior Management
Be more supportive of your team and reward a job well done. Rewards should not have to be negotiated all the time.


