#company

I want to preface everything with the fact that I have no idea if they’re actually planning to absorb minimal tech resources into UHG and then sell Optum. This is just a rumor that I read previously on this site.

I have two questions:

Does anyone know if this rumor has any merit?

If the rumor is true, how do you think they’ll draw the line in the sand? What teams will stay and what teams will be sold off? Will it be split by leader, onshore/offshore, etc?

I genuinely don’t know what outcome would be best. I’m just kind of curious if I can predict where my job will land.

AK = Gerstner 2.0

https://247wallst.com/investing/2026/06/26/blackberry-ibm-and-nokia-are-all-trying-to-come-back-history-says-only-one-survives/

Why would Oxy pay its Petro Technicals a very generous one time bonus unrelated to yearly goals or performance. Some top onshore and offshore engineers received +60,000 for their efforts..

Your opinions?

I keep seeing posts about PE as a savior.

Question, have any of you worked in PE? It ain't fun.

Reminds me of the line in good fellas ..

Business bad? Fu-k you, pay me. Oh, you had a fire? Fu-k you, pay me. Place got hit by lightning, huh? Fu-k you, pay me.

Say good bye to good benefits, PSP, stock options (oh yeah, yours will be worth nothing), probably a reset on PTO...

And if it does turn around, you won't see a penny

People are asking good questions!

https://fortune.com/2026/06/25/return-to-office-ceos-ego-research/

BitGo announced a 15% staff reduction. The company cited changes in the evolving ecosystem. BitGo will now concentrate on security, trading, stablecoins, settlement, and AI-powered infrastructure. This reduction follows widening net losses despite strong revenue growth. BitGo's stock fell 4.76% on the New York Stock Exchange.

https://www.theblock.co/amp/post/406266/bitgo-layoff-ai-infrastructure

New CEO: "Core is a disaster, Government Programs is underwater, and our Leaders aren't accountable" ELT: "We launched an App! and it's almost WEA!" pretty much sums up life here

https://www.campaignasia.com/article/we-communications-hit-with-layoffs/43xrcf9k3rgb27mft6ja6e65ce

Since when does a company have almost every single person in the building make a decision on even the littlest things? The higher ups, like ML and that whole lot, have better things to worry about than half of the stuff they have to “approve” before anyone can actually move forward with their jobs.

Have a little faith in the people you employ, and maybe focus more on idk maybe a cohesive brand????? We’ve lost the plot entirely

Has anyone sesent. Read the new company Email = Did you hear? Simplicity is se-y. WTF is wrong with these people and company!!! S-X SELLS??

All this stuff about how we operate is only for sales and their go to market strategy, for everyone else there are no changes and no layoffs

He expects a cut, notes that it will be sizable but 'reasonable' (whatever that means). When I pressed with numbers did not want to share anything. I said 20K, he said unlikely, I said 10K he said maybe. Take it for what it's worth. I typically trust him as he's a good person and we have a close relationship (long story) but wanted to share that.

I recently went through an interview process for a role in upstream. Not a normal process and the interviews some of the strangest I’ve ever had. I was asked for pay slips then after some months of radio silence was made an offer. The offer claimed Aramco is a “wealth building opportunity”, yet the package on offer was 30% less than my current comp. Seriously, who moves jobs for a pay cut? I politely refused!

https://www.foxnews.com/us/knicks-fan-trash-can-grab-ends-fines-firing-walk-shame-return-trip-jpmorgan-chase-exec?msockid=33b95c3cd7026bed2cf7536cd68d6aff

Is there somewhere to look it up?

So far a very calm day with no notifications that I know of. I'm taking it as a sign it's finally over.

Sony is laying off potentially hundreds of developers at Bungie as part of its latest round of cuts following the end of support for Destiny 2, but it will continue investing in Marathon despite the extraction sho-ter’s ongoing struggles to expand its audience despite rave reviews. That was the message from PlayStation Studios chief Hermen Hulst in a new letter about the cuts. The Sony exec called Marathon an “important” part of the company’s gaming portfolio and promised ongoing support, at least for now.

https://kotaku.com/sony-calls-marathon-an-important-part-of-our-portfolio-as-it-promises-continued-support-despite-layoffs-2000710523

I will be 3 steps removed from her? Is she a beligerent bulldog or sharp and savy?

What’s going on with the Canada town hall cancelled??

The VSP makes sense for me. I am fortunate and I know it. And I get the fear of everyone. I have heard via a high ranking person within the company that pretty much everyone that asks for it will get it. They might be kept beyond the 9/1 date due to a project or something.
I get what is happening, but the people who don't place the blame 90% on the shoulders of Sarah London and the BOD are misguided. Last week we saw the BOD firming up their grip on power by bringing in another person on their side. This is unfortunate for the employees and probably the stockholders as well.
I wish all my coworkers well, but if you can swing it, take the VSP and move on.

What positions are considered NOT business critical?

Can anyone confirm the great Mr Bob T is still at fis or left last week?

Do you know of any teams that survived all recent layoffs intact?

East Tx and north Tx being laid off today, some peeps already saying their good byes on teams

Here we go again! You love to hear it, let's celebrate y'all. Even contractors are not safe, it's like they haven't learned from Chevron, P66 on MSP's. You gotta love these leaders who be flying on PJ's drinking champagne while the common folk get shagged.

Centered CEO is an American sellout paid puppet. This is why we are looking for jobs.

I keep hearing WellCare legacy what does that mean? Who is being considered as a WellCare legacy? I keep hearing this but not sure what that means

I keep hearing news that the useless "SVPs" are now getting hit. Let's keep up that momentum until they are all ou of there!

Don’t make us f’king do it again next year if results are not going to be shared or glazed over and manipulated. Shady af.

Being with Canon for so many years, I believe and feel we still have some inspiring leaders, maybe not enough of them, but we have hope with the ones that still hopefully remain in place. I know the site is filled with negativity right now, and I understand, but maybe one post that offers some positive light at the end of the tunnel will help? Who's your favorite leader by initial only and group?

https://news.chemnet.com/news-6758.html

Did anybody else watch AP's President, Erik Lindhjem's message? It sounded like layoffs are coming from the way he delivered his news. It sounded like AP business isn't doing so well.

We've been trying to fill a role for months, and we've gotten almost no qualified applicants. It almost feels like qualified people have heard the stories, know what it's like here, and are staying away as a result. We desperately need help, but I don't think we'll get it anytime soon.

Whether J is quitting in the last quarter of this year from ACN? Lots of rumors in the Stock market world going on around this topic, after the huge crash on last Monday

Elastic, a data-search company, plans to lay off approximately 281 workers. This decision aims to reduce operational complexity. Executives cite AI automation as a key factor. The company still expects net headcount growth. This growth is projected for the current fiscal year.

San Francisco, California

https://www.bizjournals.com/sanfrancisco/news/2026/06/24/elastic-layoffs-ai-search.html

Don’t normally attend these monthly calls but decided to tune in today. Well that was an hour wasted. Mainly insufferable people droning on in corporate speak about absolute BS. Main takeaway was hearing that 400 UK staff are on a PIP? Is this bell curve requirements, something for middle managers to do, a tick box exercise or all 3? Oh and not a word about pay review.