#company

I feel like this is another big hype up and not much will go down 7/16. There’s not many people with reliable intel and it’s less than a week out? I call BS

I left Target HQ 3 years ago and really want to come back. Does Target generally hire previous employees if they left on good terms? Do you have an advantage in the hiring process?

To deconvert!

https://kstackpod.substack.com/p/the-real-fiserv-fight-isnt-early

I thought it was odd that the job listing is for either Berwyn, PA or NYC. We're looking at two completely different applicant pools there, and does this mean they've acquired a new PA office in Berwyn, or is this just the Archer office?

"We’re seeking a future team member for the role of Vice President, Full Stack Engineer to join our Managed Accounts Solutions Platform team. This role is located in Berwyn, PA or New York, NY."

I haven't heard anything new about Pennington or Wilmington office closures, but then, the way this place operates we probably won't hear anything until the last minute.

Looks like the company is yet again laying off hundreds of people, this time laying off the whole Eli Lily team. This company is in dire distress, I would run if I was you.

Do we think there’s going to be another reorg coming soon?

When do we receive PSP need to buy a couple of shoes for my kids at Nike store

https://www.business-standard.com/amp/companies/news/exxonmobil-s-india-gcc-leases-235-300-sq-ft-space-in-bengaluru-for-70-3-cr-126070801271_1.html

ExxonMobil is aggressively expanding BTC by leasing more office space for technology, engineering, digital, and strategic business functions. Everything is slowly moving to India.

You hear me
This may look vague right now, but if we don’t act, the company could fully shift major operations there and even redomicile in India within the next 25 years.
This is what the organization is doing to us. This is our future!!!!

Do you feel employees are safer from layoffs if they’re on a larger team versus smaller team or does it just not matter?

Are there any layoff going to happen in year 2026?

This announcement from Kelly Beatty yesterday is curious. Evidently, Scot Yarbrough is heading this. Who is he. Brent LaRosa is leaving, he got the usual performative, we wish him well. Anyone else know more?

What happened to the Trump loco? It’s like it has disappeared. Not at any celebrations for the 250th. Not really any coverage about it. Seems odd after all that was done to get this thing made. No mention of it by The White House or Trump himself, and you would have thought he would have been slobbering all over that, narcs love it when things are dedicated to them.

https://investors.xerox.com/static-files/101bb5f2-18b8-4db1-897e-52c1c92a3bc7

So, LP has a golden parachute, that pays out for 24 months, or in one lump sum, at 2x his annual salary. This expires on 12/31/26 if there has not been a "Change in Control" of the company (i.e., CH 11).

CH11 before 12/31/26 = LP get 2x salary lump sum and a yet undetermined bonus.
CH11 after 12/31/26 = LP gets nothing.

Maybe there is a filing where they extended that date? If there is one, please share a link, but as this stands, LP can (will) get a multi-million dollar payout if this all goes bust before 2027.

Bonus: This was filed years ago, so it will probably hold up in court. The one they filed on 7/2/26? Not so much...

"We've undermined the trust you have that your specific expertise and contribution will be valued, that you will grow and advance your career, and that this will be a place where you can actually have an impact."

I doubt you will hear anything like that from Chuck or the new CFO.

Anybody hearing info on upcoming large outsourcing deal in the works? (Similar to Infosys and HCL deals in recent history, but larger)

Coming over from Oxy board to check here..

People claim that you’re giving technical staff a bonus for retention. Is this true?

Does employee started moving into the new JV? Is there any timeline for completion?

CEO Stephenson said the stock was going to $50/share
CFO Stevens said it was a good thing AT&T was kicked off the DOW and replaced by Apple
COO Stankey did that hilarious/mocking impression of Trump right before the 2016 election - then Trump got elected and when had to spend an extra $550M in legal expenses to get the Time Warner deal done
COO Donovan (claiming to be a good Irish Catholic boy) got caught sniffing Arnoldi's drawers.
Never the A-Team of C-Suite America.

10's? 100-200?

Any layoffs foreseen in Poland ?

What should we know? ...See full article: https://www.linkedin.com/posts/bryanclagett_fintech-payments-creditunions-share-7480737705392287744-i6sg/?utm_source=share&utm_medium=member_desktop&rcm=ACoAAACq7UQBsrEhzsmtOcUrxPw12id8cFohgfI

Is anyone on that call? How is Andre going to lead a marketing department when he has no energy and seemingly no experience in marketing.

Also seems like Katz was pushed out.

https://warnact.io/company-verizon

No matter how successful and value creative bpx advertises itself to be the new bp will take exception and possibly even divest the assets as it has been done in the past. Expect Hainsville to rename unscathed…gas matters.

I’ve confirmed they really are lowing grades for the exact same position.
What a sh-t company this is.

Based on the past 4 weeks, another email should be coming out soon. Maybe too many rescinded and they now need to offer it back to those that did not accept by July 2. Smh

https://www.lightreading.com/business-management/t-mobile-hires-former-at-t-exec-chris-sambar-for-b2b-push

It's nearly 3 months late at this point

Now that it looks like from managements maneuvering that bankruptcy is certain to happen very soon, what are the odds it could go directly to Ch 7 instead of Ch 11.
There was an analyst stating it could line up that way because of the abnormal amount of debt they are dealing with.
This would mean all stockholders would have zero value.

Why some people are still virtual?

Verizon's CXO org will see a significan reduction in headcount on 7/16/2026. Once they make the announcement, then the remaining personnel will see a reorganization where they move to other parts of business / organization is disbanded.

I thought remote positions were gone for good? I keep hearing people becoming remote that live, in my opinion, a commutable distance from the office.

How are these people getting remote approval?

I was told by an AD yesterday that they were asked “to do something they don’t typically do for midyear reviews and when asked why the Director said they don’t know why.” Any idea what this is and if it’s specific to this org or something happening more broadly?

https://www.geekwire.com/2026/tech-moves-seattle-tech-exec-named-dropbox-cpo-xbox-vp-among-layoffs-c-suite-changes-at-t-mobile/

Long gone - retired just before and during the Operation Excellence phase of the merger. After that all he-l came in from Frank. Jeff Y was gone to a house in Florida with a ton of cash. Everybody else learned SAPIENCE at the risk of termination. Yes there were problems of course - even IBM could su-k up a disaster or two. But the relatively good firm was shot full of holes. Am very sad at what it has become today.

After reading through the RMC business line thread, the upcoming Tech all staff call on Friday the 17th with its provide strategic updates and offer other important and timely news you need to know sounds ominous. They will probably give out the hubs that all remote employees will need to relocate into and talk about the second GCC coming up in Hyderabad. Anyone know anything?

So I was just sitting here thinking.. Did they move the stock together to October in order to avoid paying them out for a Rif that is planned?

Full disclosure I am not aware of how the payouts for the big Rif worked. Did they accelerate all stock together grants and pay them out?

Why else would this have been moved to October?

Thanks in advance. Hope everyone is surviving out there.

Anyone had NetApp admit they made a mistake getting rid of you and asked you to come back to the same role as if you never left? Didn't happen to me, but curious of others had it happen?