#acquisition

https://www.reuters.com/business/french-telecoms-trio-raise-offer-rival-altices-sfr-24-billion-2026-04-17

PNC Bank will lay off 777 employees. These employees previously worked for FirstBank. The layoffs affect staff in Colorado. This action follows a recent acquisition. The bank is consolidating its operations.

Colorado

https://www.bizjournals.com/denver/news/2026/04/20/pnc-firstbank-acquisition-layoffs.html

As an Ex-Frontier person I was warned about the culture in Verizon.

Boy were they right - it is deeply, deeply toxic. Battle hardened silos, everyone covering their as--s, no one accountable for decisions, leadership that doesn’t have a clue about leading (or telecoms for that matter), passive aggressive behaviors everywhere and at the top of it all a bunch of leaders who are happy clappy about the future with no real desire to lean in to changing the underlying culture. So no surprise that the awesome team at Frontier has now almost all left. Will be fascinating to see how the financial performance of the old Frontier business develops, or will it become invisible and quietly disappear to be written off, just as with all VZ acquisitions. Remember Blue Jeans, Yahoo, Terramark etc etc. The street should be punishing these guys.

Peloton announced its CEO Barry McCarthy resigned in May 2024. The company also announced further job reductions. About 400 global team members were impacted. This move aims to cut over $200 million in annual costs. Reports indicate private equity firms eye a potential buyout.

https://www.theverge.com/24025034/peloton-bike-treadmill-connected-fitness-news

Is there any information on the potential sale of the ACVS business unit? It was published in Bloomberg over the weekend, nothing has been stated internally yet.

They are no longer 3M? Are they Madison employees now, or are they redundant?

One Call has completed its acquisition of Data Dimensions. This acquisition aims to replace fragmented processes. It will create a unified system. The system connects data, workflows, and payments. This applies across the workers' compensation health care industry.

https://www.bizjournals.com/jacksonville/news/2026/04/15/one-call-completes-acquisition.html

Hearing rumors the deal is closing in the coming weeks, that T sold AT&T Mexico to Televisa (Izzi telecom division ) , Televisa is like Cablevision in Mexico they have both media and a Telecom arm (Izzi) . Curious if anyone knows any details and specifically how much it sold for considering it cost $4.3B in 2014-15 to acquire Nextel and Lusocel

We are realigning Professional Services to ensure our structure and staffing align with current and forecasted customer demand and expectations As part of this change, up to 40 positions across Professional Services may be eliminated These actions are not a result of the pending NEC acquisition.

As part of this realignment, up to 40 Professional Services roles within the Solution Delivery, Ascendon Delivery, and MS/Delivery Enablement teams may be eliminated

at what point do we admit passing on the Zoom deal might’ve been a huge mistake for shareholders and the company? all we see now is mostly layoffs, low morale and a sinking ship talk. how does everyone think it would’ve turned out? Zoom CX seems to be doing just fine without us

I’ve talked to multiple people and all of them are hearing that Trew is buying IGS.

They barely bothered finding a new name..

Qualcomm buys NUVIA, they get bored by how this company works, they create a new company that QC will have to buy in a few years to get competitive again. That says a lot…

https://www.tomshardware.com/pc-components/cpus/legendary-qualcomm-apple-and-nuvia-alumni-form-new-cpu-startup-nuvacore-promises-to-rewrite-the-rules-of-silicon

So who is the strategic fit with all the layoffs and shutdowns? Weatherford is strong on the books but they are not going to be able to sustain growth as they can't grow the market share against the SLB, Halliburton, or even Baker.

I would bet on Baker, as they seem to be cleaning their books of distractions and getting to the core. I'm not sure WFRD has much to offer them at this point, as they may have in the past, but still would seem the best option for them -- just come other areas that would need to be divested.

How long until ADM is sold off? Is there a definite buyer? Will the potential sale include employees or are they likely to get laid off before the sale?

Google AI question: Has Accenture taken jobs from investment firms other that IT?

Yes, Accenture has taken over significant non-IT operational and business functions from investment firms, asset managers, and capital markets entities. Through its "Managed Services" and Business Process Outsourcing (BPO) arms, Accenture often assumes responsibility for middle- and back-office operations, strategy, and talent to cut costs and modernize processes.

Examples of non-IT job functions taken over by Accenture include:

Middle & Back Office Operations: Accenture manages end-to-end trading lifecycle operations, including trade processing, reconciliation, settlement, and clearing. 👀

Asset & Wealth Management Services: They provide operational support for portfolio management, investment stewardship, and client service teams. 👀

Finance & Risk Management: Accenture runs finance, risk management, and regulatory compliance reporting, taking over these functions to manage regulation and data.

Transaction Advisory & M&A: They provide strategy consulting, post-merger integration, and operational restructuring services, effectively taking over the planning and execution roles formerly held by internal teams.

Procurement: Accenture offers procurement outsourcing, managing vendor relationships and purchasing processes for financial institutions.

Human Resources/Talent: During acquisitions, Accenture often replaces internal HR and project management (PMO) staff with their own centralized global HR group.

How they do it:

Accenture typically acquires specialized consultancies (such as Altus Consulting for investment technology or SKS Group for banking) and then uses its "shared services" model to offshore or automate roles, which frequently results in the displacement of the client’s original staff.

Artificial insemination at its finest. As Nike board member.

Maybe Allbirds next for him

more than 1,000 directors, writers, actors and other entertainment industry professionals have signed an open letter opposing Paramount's acquisition of Warner Bros. Discovery

Free Article Link:
https://www.nytimes.com/2026/04/13/business/media/hollywood-letter-opposing-paramount-warner-bros-deal.html?unlocked_article_code=1.alA.Wgo-.sfNQHmsb_Hl8&smid=url-share

LOL: Nvidia squashes rumor it’s planning to purchase a major PC manufacturer — says that it’s ‘not engaged in discussions to acquire any PC maker’

What is happening recently, today, recently this languishing company's share price? Acquisition in the works? Not sure if anyone follows or comments on this company here.

How do you earn some quick cash when you've already shrunk the workforce? Sell off your Intellectual Property! You have to wonder why they weren't sold to Extreme Networks back in 2017 when Avaya sold off its failing <Ahem... non-core 😂) networking business.

https://www.citybiz.co/article/831203/powerbridge-networks-launches-with-acquisition-of-avaya-networking-patent-portfolio/

Here’s the real situation on Qualcomm layoff rumors right now — what’s confirmed, what’s circulating internally, and what’s just speculation.

🔍 What’s Confirmed (Public, Verifiable)

These are not rumors — they’re official:

• A small WARN filing (5 employees) in San Diego for May 26, 2026
• Previous rounds in 2024–2025:• 226 employees across 16 San Diego sites
• Earlier 1,250+ cuts less than a year before

• Qualcomm continues targeted, small-scale reductions as part of its shift away from smartphone dependency toward AI PCs, automotive, and edge compute

These are documented and not rumor-driven.

🔄 What’s Rumored (Inside the Industry)

These are circulating in semiconductor circles, but not confirmed by filings or press:

1. “More micro‑layoffs coming in San Diego”

• Several engineers report that Qualcomm may continue small WARN filings (5–20 people) throughout 2026
• Pattern matches the April 2026 filing
• These would be team-specific, not company-wide

1. “Modem teams may shrink again”

• Because Apple is reducing reliance on Qualcomm modems
• Some internal chatter suggests select modem sub-teams could be trimmed
• No official documents yet

1. “AI PC push is causing internal reshuffling”

• Snapdragon X Elite and AI PC roadmap are pulling resources
• Rumor: some legacy teams may be merged or dissolved
• This usually leads to role eliminations or reassignments

1. “Automotive division hiring while other groups freeze”

• Not layoffs, but a shift in headcount allocation
• Some groups feel “frozen” while auto/AI groups continue hiring
• This often precedes targeted cuts

🧭 What’s NOT Happening (Despite Online Speculation)

These rumors are false or exaggerated:

• ❌ No evidence of a large mass layoff
• ❌ No sign of a 10%+ workforce reduction
• ❌ No confirmation of layoffs tied to the rumored Intel acquisition exploration
• ❌ No broad hiring freeze across the company

Qualcomm is doing surgical, strategic cuts, not sweeping layoffs.

📌 Why Rumors Are Spreading Now

Three reasons:

1. Smartphone demand is still soft
2. AI PC transition is expensive
3. Qualcomm is reallocating talent, which always creates anxiety inside engineering teams

When a company shifts strategy, rumors fill the gaps before official announcements.

You need to get the fu-k out of this he-l hole. When the acquisition comes you will not have a job and if your lucky it would be a small package

Xerox is in the process of being sold.

Nvidia has reportedly spent more than a year exploring a deal for a large PC-focused company that it believes could reshape the PC and Server landscape!

I only see a few options.

1 - Keep under performing as a smaller, poorly managed Oil & Gas company?
2 - Buy something, incurring more debt?
3 - Sell all or part of Ovintiv now that Anadarko is closed and add in a heavy haricut to reduce headcount?

Good luck everyone.

It seems like prime real estate for a few divisions. Or are they just going to demolish it all? They wouldn’t sell it to Solventum. Supposedly they tried to buy it but 3M’s price was far too high.

Looking at new directors and senior directors for consumer, direct, and channel for Kinetic.

6 out of 7 are an easy find on LinkedIn from Frontier.

It's shocking at how much new upper management folks are from Frontier.

Does anyone know which non-core BU will sold next? Any confirmed buyers or rumors anyone is hearing? My area has been totally silent about it...

Assuming a big piece of reduction in numbers will be associated with Anadarko sale, where else will get hit? What’s the final number?
What’s OVV going to look like

Is it true that parts of the business are about to sold off?
FMS, that’s Mono pumps is apparently about to be sold one of its larger competitors!
If it’s true then it’s great that we will soon be managed more professionally but I’m sure it will lead to cuts as they have a lot of duplication of roles!
Brush up on your German guys, it’s about to get interesting

Chevron is laying off 111 workers in North Dakota. These cuts follow Chevron's acquisition of Hess Corp. The layoffs affect 63 employees in Minot and 48 in Tioga. Chevron completed its merger with Hess on July 18. The company cited efficiency and lower oil prices as factors.

Minot, North Dakota; Tioga, North Dakota

https://www.journalnd.com/articles/journal-news/hess-new-owner-cutting-48-jobs-in-tioga-63-in-minot/

General Electric spinoff GE Vernova spends $70M on Rostraver warehouse

The power generation equipment maker has yet to reveal its plans for the more than 700,000-square-foot facility
Jack Troy
By Jack Troy
2 min read • April 6, 2026 | 2 days ago
Slide

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An aerial view of Amcel Center Two in Rostraver, a more than 700,000-square-foot former distribution center recently purchased by GE Vernova. (Courtesy of Genfor Real Estate)
GE Vernova, formerly a part of General Electric, spent $70 million to buy a distribution center in Rostraver last month, adding to the Massachusetts-based power generation equipment manufacturer’s strong Pennsylvania presence.

Westmoreland County property records show GE Vernova subsidiary GE Renewables Grid LLC purchased the more than 700,000-square-foot property from Gordon One LLC.

GE Vernova, which is headquartered in Cambridge, Mass., was created when General Electric split into three companies in 2024.

GE Vernova did not immediately respond to questions about its plans for the property along Finley Road known as Amcel Center Two. The company leased about 150,000 square feet in the building prior to buying it.

How many plants and distributors centers have had Capstone take over their facility? Kicking out union and union wages

Any former HSBC Canada folk wishing they remained in Canada? My time with RBC since the acquisition has been nothing but misery

https://business.toshiba.com/news/toshiba-expands-its-high-output-print-portfolio

Looks like T-Mobile will buy kinetic, and more layoffs coming. Uniti executives definitely securing their seats in he-l

https://x.com/intel/status/2041501301318766866

Nexstar's acquisition of Tegna could result in layoffs. WTHR is a television station owned by Tegna. Potential job cuts are expected at WTHR. This development follows the recent company deal. The acquisition impacts operations in Indianapolis.

Indianapolis

https://www.indystar.com/videos/opinion/columnists/jacob-stewart/2026/04/06/wthr-layoffs-possible-after-nexstar-tegna-deal-indianapolis-deputy-opinion-editor-jacob-stewart/89489868007/

Circle City Broadcasting LLC acquired WRTV-TV Channel 6. More than 50 WRTV staff members were terminated on Tuesday. Fewer than five of approximately 60 employees were retained by the new owner. The acquisition was completed just hours before these layoffs occurred. WRTV operations will relocate to the WISH and WNDY building.

Indianapolis, Indiana

https://indianaeconomicdigest.net/Content/Default/Major-Indiana-News/Article/Layoffs-at-WRTV-in-Indianapolis-exceed-50-staff-members-as-new-owner-pledges-more-news/-3/5308/121236