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Banking LFI - zero understanding

post show up and deleted 1 min later? WOW
1) LFI moves out of PS into tech dev- core vs implementations
2) let go all core teams -what’s a core product?
3) acquired a new company to replace current product - but RIF
4) change operational structure to implementations to operate as the core teams would - LFI has clients therefore cannot act like agile core team
5) tech dev middle managers -are client billable and are lead BA’s but let go
6) other middle managers are driving staffing, operations, de-escalations, project kickoffs, etc- highly intelligent plan must be in place


Make it make sense

D1 LFI moves out of professional services to tech dev- how is implementations part of tech dev?
They create value streams - which no one understands.
They act like implementations are core team and change everything to d1 teams to operate as such- do they know we have actual clients therefore cannot operate the same as a team developing core product.
Impacted teams IN every round of RIF yet client expectations increase.
Now they layoff tech dev middle managers - multiple that are 100% billable and are the lead BA’s on projects. The other few are driving LFI initiatives and making sure d1 implementations are staffed, operational, handle non stop client escalations.

Rounds and rounds of layoffs.. stock continues to fall..

CAN SOMEONE, ANYONE, make it make sense.


I doubt Verizon stock goes to $75

Dan will never get stock price to $75. Verizon is $175 billion in debt, paying $8-$9 billion per quarter in interest payments. Not only that, technology is moving fast, which means the next telco displacing newcomer is waiting on the wings. Verizon is paying today for 20 years of bad investments. No amount of inflation will save them from bad debt and investments, especially since cellular plan prices have gone down and increased data to unlimited. If you adjust today’s telco charges to inflation, not good for Verizon, even if it helps the debt burden.


VZ Stock will never see $75 per share

Dan will never get stock price to $75. Verizon is $175 billion in debt, paying $8-$9 billion per quarter in interest payments. Not only that, technology is moving fast, which means the next telco displacing newcomer is waiting on the wings. Verizon is paying today for 20 years of bad investments. No amount of inflation will save them from bad debt and investments, especially since cellular plan prices have gone down and increased data to unlimited. If you adjust today’s telco charges to inflation, not good for Verizon, even if it helps the debt burden.


Looks like the layoff.com joined the rest of the internet

I’ve just grown tired of every webpage on every website trying to sell something. I get that it has to be monetized. I don’t mind ads, the hidden code and scripts to download cr*p just makes the experience lousy. Started getting “potential malicious software” warnings from my browser on the Anthem page here. First my job tries to pull something over on me, now this site. I guess when it’s my turn to get an opportunity to pursue other endeavors I won’t need this site either. The whole world’s just becoming sad all over.


Nike layoffs in the news

https://www.reuters.com/sustainability/sustainable-finance-reporting/nike-records-300-million-restructuring-charges-after-recent-layoffs-2026-03-05/

300$ million sounds like a really high number and not adequately explained by recent Converse and DC actions, IMO. point being the upcoming purge is going to be big!
Please comment.


To this site’s admin

It looks like every comment on the intel layoff portion of this site is down voted. I posted a new comment on an old post, it was down voted immediately. So it is systematic. It is humanly impossible to check all new comments and down vote them. Please check. Anyway, the site is lame


Cisco is a status quote of the past

Those days Cisco file lawsuits against Huawei and Arista, Cisco thought it was too good.

Huawei now has a chip that is already 1,300 faster than the best chip out of NVIDIA, never mind Huawei has beeter phones than Apple. Of course networking equipment from Huawei.

Arista been eating up Cisco’s lunch within last 10 years, Even Arista is already out of date in current technology landscape.

What’s left there for Cisco? Except now claiming glorified scripting as Cisco AI


Chevron has become a Granfalloon.

A granfalloon is a "proud and meaningless association of human beings," a term coined by Kurt Vonnegut in his novel Cat's Cradle. It refers to a group of people who believe they share a significant connection, but this association is based on little to no real substance or shared purpose, such as being from the same town or having a common hobby


What a mess

Sometimes I look around and realize this place has turned into a waiting room for people hoping to reach retirement before the next round of cuts. The younger ones are already planning their exits and who can blame them? The middle group is stuck trying to decide if it’s worth holding on or if it’s finally time to jump ship before things get even worse.

Meanwhile, the executives keep cashing in and talking about strategic realignment while the rest of us carry the weight and worry about the next reorg. They’ll be fine no matter what happens. The rest of us are just line items on a spreadsheet waiting to be erased.


Q is better to be taken over

Lets admit it - Qualcomm's overblown management chain is useless to the core. All of them alike: incompetent, lazy, selfish sycophants, leaching resources, driving professionals out. Do you want to tell me that there is no conflict of interest where CEO's brother making a career? And this is just a tip of an iceberg, because such exist at every level. These people literally breaking their own code of business conduct with impunity. What chance engineering force and shareholders have to receive the value back for their hard work and investment? I would say - none, unless the whole structure is chopped to pieces and thrown away without mercy and payoffs. Complete business audit should allow to cut expenses I would say 50% at least without anyone noticing that these leaches have gone. In fact the level of distraction will become significantly lower. Where else did you attend to meetings with tens of attendees while only a couple of them actively solving an issue? Where else did you have to work around because your ignorant boss force the decision upon you and made task unnecessarily more difficult and far less productive? The solution is simple and less brutal than something that is expecting workforce and shareholders if take over does not happen.


ATS Candid Conversations: From Isolation to Inspiration

Loved the comment section for this call today. Employees were really laying out some of the craziness they've been dealing with since RTO started. A doctor (of something, didn't say what) discussing company culture and dealing with RTO. A little digging shows this doctor is actually an AT&T employee (figures the company wouldn't risk an outsider leading this discussing given the polarization). Her answers to the employee questions were less than satisfactory, typical corporate speak and "showing up for each other".