Down-Hill - Anonymous employee Nasdaq Employee Review

Once the Reuters acquisition took place, everything went down hill quite rapidly. It was a complete reverse merger, so TR basically took over everything...major/minor decisions, comp, etc., leaving everyone angry and non motivated. The division is ran completely backwards and the majority of the management is clueless, not to mention a complete lack of accountability. Think about it...nasdaq bought the reuters business unit for about $400 million. Why do you think that is? Its because the old reuters was not doing well, nasdaq took a shot at them, and in my (and everyone else's) opinion, they failed miserably.