#company

https://nypost.com/2025/11/14/business/ousted-verizon-boss-could-still-pocket-most-of-20m-salary-as-company-cuts-15000-jobs-report/

By being special advisor for a year, Hans will still get his $20m bonus

Seems Alaska wasn’t hit as hard as other places.

https://techrights.org/n/2025/11/15/Many_IBM_Workers_to_Become_Unemployed_a_Few_Weeks_Maybe_Just_Da.shtml

What is with the Tesco lawsuit? Seem Samsung as well?

https://cloudinfra.blog/how-broadcoms-takeover-of-vmware-sparked-lawsuits-patch-access-fights-and-a-licensing-backlash/

Are they going to layoff first then re-org at a later time? Or is everything happening simultaneously?

Are leaders gonna encourage their teams to work from home Thursday…just to enable the people who are impacted to save face? Not have to get “that” call right in the middle of all their co-workers?

I was today years old when I learned there is such a thing as a layoff merch industry, and it's thriving. What the he-l? Why are people selling layoff shirts, jerseys, cups, and whatnot, and more importantly, why are people buying it? Somebody make it make sense, please.

Hi, Verizon employee here. I have heard that many former Verizon employees went to T-Mo. If you are one of them, can you provide some insight into the similarities and differences? Not asking for specifics, just generalizations. Curious about how different we all are. I am former ATT and found both ATT and VZ to be pretty similar

It was not. Don't trust your managers, folks. They'll lie to keep you quiet and cooperative without a second thought.

I recently found out that Hughes doesn’t actually own the Jupiter-3 satellite, it’s leased from EchoStar, and Hughes pays about $190 million per year for that lease.

I also learned that the SpaceX–EchoStar spectrum deal includes a clause requiring EchoStar/Hughes to refer new customers to Starlink. Essentially, if someone wants satellite internet, EchoStar will direct them to SpaceX’s Starlink service . Bonkers 🤯

T-Mo planning a 10%+ cut in force and is gunna use the VZ announcement as cover. We’ve being used!

If yall haven't noticed the layoffs have started and there is more to come. They are staggering it to avoid WARN notices.

P&G has proved that experienced hires will always get step child treatment.

Has anyone received formal written communication of any of the following changes:
1) requirement that we are in the office for 8 hours on in-office days or
2) move to 4 days in-office for some LOBs (ie. Corp Risk)?
It blows my mind that they updated the in-office guidance in October and did not send a single written notice to employees before they told managers to enforce it. In Risk, we’ve been informed verbally that we’re moving to 4 days in-office (even though CS just said nothing is changing) but have not gotten anything in writing confirming this is happening or when it will become effective. We should be getting notified of changes like this at least 60 days beforehand.

Has anyone heard anything going with T?

Very vague/confusing meeting name said (Option 3 at the end), so I'm guessing it's not good news.

Bad news for med surg this week. Does anyone know the full count of people let go? Other parts of the Company too?

engineers safe, only overheads being axed.
what about remote?

And the company has gotten rid of this exorbitant percentage of management employees? Who's working strike duty and who's running the freaking company?

regarding the layoffs?

Still amazing that there are no all clear notes or organizational updates. Just here yesterday and poof.

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I have a hard time to believe that.

IBM has become such a dysfunctional relic that the most merciful thing left is for the company to sell itself to someone who actually knows how to run a tech business. Years of clueless leadership, bloated acquisitions, pointless reorgs, and nonstop layoffs have turned the place into a slow-motion train wreck where innovation goes to die and the employees who keep the lights on get punished for it. IBM isn’t “transforming” — it’s circling the drain. A sale might be the only shot this dinosaur has at survival.

I hate to see anyone lose their job but it looks like Dan is doing exactly what most people wanted. He is letting go of the leaders that are responsible for the currwnt state of the company

What in tarnations is this company doing using Rootin and tootin as a title for anything? - Yosemite Sam

The AI bubble is bursting, the so called AI factories are doomed. Yann LeCun left Meta tired with the shennanigans of Zuck and his honchos.. Nothing good on the horizon for Dell either..

https://straussborrelli.com/2025/11/13/synopsys-warn-act-investigation/

DXC's Jennifer Ragone Recognized with the 2025 N2Growth Leaders40 Top CHRO Award.

Exciting times. Way to go.

With stores closing it doesn’t look good for r2b. Will they move them out of stores or RIFd entirely?

Heard an email went out recently announcing communication freeze for Nov 17-23rd...

Trying to hold back the bad press or leaks?

For the full year 2024, Verizon reported a consolidated net income of $17.5 billion, a 50.73% increase from 2023. Full-year 2024 earnings per share (EPS) were $4.14, compared to $2.75 for the full year 2023.

We can't make money..... so we must cut 15,000 more people...
18 Billion in profit just isn't enough!

No more anniversary recognition check. Still get the gift, for now.

At the rate we’re going, the entire C-Suite will be former PayPal executives.

I use PayPal, can I be spared from the Riff?

https://youtu.be/OKgurZ0CRDE

President Donald Trump said he was “very much opposed” to last month’s controversial immigration raid at a Hyundai plant in Georgia, while South Korean President Lee Jae Myung warned the incident may hinder future U.S. factory construction.

Following urgent negotiations, the workers were returned to South Korea on a chartered flight. The operation, however, leaves the plant with a startup delay of two to three months. The setback comes as Seoul already faces 25% U.S. tariffs on automobiles, compared to 15% for Japanese and European competitors.

In a recent interview with Bloomberg, Lee said the treatment of the workers came as a surprise: “Many in Korea were surprised because our workers who went to the United States to help the U.S. with its manufacturing renaissance received irrational treatment.” He also characterized the experience as traumatic for both workers and their families, noting some that some no longer want to go back. “Unless we completely resolve this issue, I believe that they will not want to return,” he said.

Hey Dan. Do us all a favor and shut it down here in the US and move the whole operation to the Philippines. Quit playing games, just get it done.

How Highmark of them. This morning 3 from our group (including me) were laid off in a TEAMS MEETING. Keepin' it classy, Highmark.

https://www.nytimes.com/2025/11/14/business/bill-pulte-mobile-homes-fhfa.html

https://apnews.com/article/fannie-mae-freddie-mac-firing-pulte-data-a4f8c53df74fef83ec7fd07e3d524746

Dan has yet added another prior colleague to the team, EVP Chief Transformation Officer...Be nice to folks so they can take you w/them wherever they go ;-)

Seriously? Hiring his friends, paying them a LOT of $$$$ while thousands will lose their jobs.

“Transformation” = mass employee layoffs

Does anyone truly know what this company‘s plan is as a long-term employee? I question this myself. There seems to be no career path no talk about company status. Very slow at releasing new equipment very poor at supporting direct operations. It just seems like nobody cares about anything anymore internally. I would think with the right people in the right places in upper management things would change drastically, but have been stagnant and a shame for a while.