Jean O’Grady reports on widespread layoffs at Thomson Reuters Legal: “Over the past few weeks multiple sources have confirmed to me that executives, managers and staff across TR have been ‘invited to find new employers.’ Some of the people impacted have been fixtures in the legal publishing and tech industry for decades. … Next year many familiar TR faces will be absent from the conference rooms and exhibit halls at the ILTA, Legal Tech and AALL conferences. I guess we can all understand the need to ‘rightsize’ an organization but the timing … right before the holidays is brutal.”
Unfortunately “right before the holidays” a/k/a just ahead of Q4 and year-end financial results is not unusual. For details, see this Dewey B Strategic post.