Thomson Reuters Reviews | Glassdoor

Thomson Reuters Reviews

Updated April 22, 2017
5,545 reviews

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5,545 Employee Reviews

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  1. "Lead Database Engineer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Lead Database Engineer in Eagan, MN
    Former Employee - Lead Database Engineer in Eagan, MN
    Neutral Outlook
    No opinion of CEO

    I worked at Thomson Reuters (More than 10 years)

    Pros

    Working with some of the best, most intelligent people.

    Cons

    Too many reorgs to even keep up with and a lot of eliminating positions.

    Advice to Management

    Be more transparent.


  2. "Sr. Software Engineer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Sunnyvale, CA
    Current Employee - Anonymous Employee in Sunnyvale, CA
    Neutral Outlook
    No opinion of CEO

    I have been working at Thomson Reuters full-time (More than 5 years)

    Pros

    Work-Life balance culture is promoted by the company. Tons of opportunity for new employee, who want to acquire new skills. Many bright and talent people you could meet there.

    Cons

    Lacking clear long term technology vision in the Dev department high level end. There are many requirements need to be followed from company wise, which created many unnecessary things, which is slowing down efficiency very quickly.

    Advice to Management

    In stead of focusing on short terms goal, long term version for technology is needed.


  3. "Engineer"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Neutral Outlook

    I worked at Thomson Reuters full-time (More than 8 years)

    Pros

    Professional atmosphere
    Lot of technical resources

    Cons

    I felt bottom level to higher level all employees are afraid of their supervisors about loosing their job. Employee do the job to please their above supervisor. Management never attempted to create good professional interpersonal relationship among employees. never attempted to know the employees heart! they lost many sincere hardworking loyal employees!!

    Advice to Management

    Try to understand the heart of an employee. do one one conversation with employee


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  5. "Technical Writer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Business Analyst in Culver City, CA
    Former Employee - IT Business Analyst in Culver City, CA
    Recommends
    Positive Outlook

    I worked at Thomson Reuters full-time (Less than a year)

    Pros

    Allowed to work independently and to run my own team of engineers offshore.
    Upbeat, happy people.
    Pleasant working environment.
    Casual dress code.
    Great facilities.
    Good local dining facilities.

    Cons

    No complaints at all. It was a wonderful experience and I was sorry when it ended.

    Advice to Management

    Keep up the good work.


  6. "Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Hoboken, NJ
    Former Employee - Anonymous Employee in Hoboken, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Thomson Reuters full-time (More than 10 years)

    Pros

    Great company to work for.

    Cons

    Too many changes, always something new going on.


  7. Helpful (1)

    "Great colleagues and collaborative environments."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Support Analyst in Culver City, CA
    Current Employee - Senior Support Analyst in Culver City, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Thomson Reuters full-time (More than 5 years)

    Pros

    Talented and collaborative colleagues. Excellent technology tools and training material are available to do your job effectively and efficiently. Employees are able to easily determine where they stand in terms of performance.

    Cons

    Executive leadership needs improvement. Some management decisions have adversely impacted the business. A change in executives could move the business forward.

    Thomson Reuters Response

    Apr 10, 2017 – Analyst, Recruitment Brand and Channels

    Thank you for taking the time to provide us with feedback. We thank you & congratulate you on your 5+ years of service.


  8. Helpful (3)

    "Stay away from Financial & Risk business"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Proposition Manager in New York, NY
    Former Employee - Proposition Manager in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Thomson Reuters full-time (More than 8 years)

    Pros

    Excellent colleagues, smart and motivated (but see below). Top brand as financial services vendor, so it's very easy to get in front of customers for sales or product feedback. Global footprint, allows for mobility and learning (but see below).

    Cons

    Where to start? The near-constant re-orgs are killing this place. It's obvious that the Thomson family regrets its acquisition of Reuters in 2008. They made a mistake buying a firm that was so dependent on the financial services industry at the precise moment that industry was beginning a 10+ year decline. They have global data collection operations that make it impossible to achieve the profit margins required to make this an attractive acquisition though, so they've been hacking and slashing every few years, under the guidance of one major consulting firm or another. They've all been paid millions -- McKinsey, BCG, etc... -- even after David Craig began loading up senior positions with his consultant friends, who then began hiring all their friends from Oliver Wyman -- who are all great at generating Powerpoints and Excel sheets, not so much on delivering much of anything. Each major re-org (ca. every 3 years) requires a massive shift of attention and focus and ultimately drags motivation down. Nobody is ever held accountable for these horrendous decisions. The latest changes (smaller cuts in late 2015, large cuts late 2016) completely reversed the massive changes made in 2013. Does anyone realize how much time and energy was wasted trying to figure out the operating model from 2013? How much money this actually cost the company? C'mon, there must be at least one so-called "strategy" person who can crunch the numbers on this. Why not claw back some senior management bonuses as compensation for these losses?

    Financial & Risk has shifted to the "ADD strategy": shift focus and strategy every year, re-brand your efforts internally, generate a new batch of business cases aligned to the new strategy, and then arrive in the new year with the realization that there are not enough resources to deliver on the approved business cases. Everything stagnates. Late Q2 into Q3 it becomes clear that nothing is getting done, and then rumors of the "new" re-org start swirling. Play - Stop - Rewind - Play.....Repeat. Have a look on LinkedIn -- see how many people have changed roles every 12-18 months, repeatedly. That's not because they're being promoted based on performance. It's because there are repeated shuffles of strategy and how the organization should achieve it, followed by everyone scrambling to re-brand what it is they're doing to make it sound relevant (and central) to the new strategy. Yawn.

    To go along with this, they've been systematically reducing the benefits across the board. They've fine-tuned the commission scheme for sales so that they can keep total payouts reduced, they've eliminated stock bonuses for anyone but the most senior managers, and they've keyed the cash bonuses to metrics that also guarantee you'll never get full payout. It used to be the case that if your business unit over-performed (ie, exceeded already aggressive targets by 5-15%), those responsible for that were rewarded above your baseline rate. Now that might mean you get 90%-100% of your bonus rate. Actually -- not 100%. Never.

    Wait a year and see if they've finally managed to sell off the Financial business, check to see they haven't taken David Craig along with the acquisition, and then see what they're doing. Going in now: you'd just be signing up for one long defensive crouch. And that's not a good way to live your life.

    Advice to Management

    Sell off the Financial business sooner rather than later, so that the remaining employees can get on with their lives.

    Be honest about your strategy. At least be honest to the people responsible for the different products and businesses. The constant smokescreen and shuffling of priorities is ruining the culture you're spending so much money on trying to change.

    Get rid of David Craig. He knows nothing about the products, why our customers use them, and why they might or might not in the future. Don't hire a consultant in his place; get someone who's been building the products for a few decades -- oh yeah, they all were made redundant. There must be someone, find him/her.

    Figure out what you're good at and focus on that. Hint: it's not building technology. Take your proprietary data and create value-added products the market needs. Don't believe Powerpoints about market sizing/opportunities that are not backed up by extensive client feedback.

    Treat your employees like they're valued partners. It's shameful what you've done over the past 8 years. If there's a culture problem (and there is), it starts here. Surely one of your overpaid senior managers must have learned this in B-school. Or from a book on "leadership". Or from having actual experience LEADING a high-performance team, an actual TEAM. That is, a group of people who had each other's backs, who will go to bat for each other, who would suffer individually for the greater good of the group. You can't teach this. You need actual leaders...and you have have so few.


  9. "Former Technology Employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Eagan, MN
    Former Employee - Anonymous Employee in Eagan, MN
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Thomson Reuters full-time (More than 10 years)

    Pros

    Some of the Benefits and work/life balance

    Cons

    Continual downsizing and outsourcing creates uncertainty for employees and morale is very low


  10. "Great Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Associate in Boston, MA
    Former Employee - Sales Associate in Boston, MA
    Recommends

    I worked at Thomson Reuters full-time (More than a year)

    Pros

    This is a great company with endless opportunity.

    Cons

    It is a very large company, so you can't expect things to be the same as a company that may have only 50 employees.

    Thomson Reuters Response

    Apr 10, 2017 – Analyst, Recruitment Brand and Channels

    Thank you for taking the time to provide us with feedback.


  11. "Accounting and Finance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Eagan, MN
    Current Employee - Anonymous Employee in Eagan, MN
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Thomson Reuters full-time (Less than a year)

    Pros

    Decent benefits, good vacation- which you'll definitely need, nice campus. The people are very nice across all levels

    Cons

    Work life balance is a joke- they are no longer back filling so many roles so the work load is almost unbearable. Most everyone on the teams are burned out. No time to take a lunch, let alone think about going for a walk on the trails etc. It's really too bad because it could be made better, but they won't do it just to save a buck.

    Advice to Management

    Stop digging your own grave. It won't be long until a lot of your sold staff has had enough and takes off.



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