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Jobs Posted Are Bogus/Faux

Majority of UHC/Optum job postings are bogus/faux. They are posted to suffice investors & shareholders that business is booming. Employees know differently. Stock has taken a hit & the scramble continues. Mass layoffs are desperate attempt to save the sinking ship.

For those let go, don’t plan to get re-hired. It’s smoke & mirrors on our job boards. HireVue, interviews with recruiters & hiring managers - it’s all faux. This is reported to investors & gives illusion all is good. Facts don’t lie.

#Company #Culture #EmployeeRelations #JobSecurity #Layoffs

Annual layoff at TIAA / Nuveen

Turns out there was actually a real annual layoff recently, not related to the Coffee Badging thing, even though this enforcement accelerated greatly and many people were laid off for that too.

But it is odd that the annual layoff where people were let go for cost cutting reasons from the company didn't make waves on this forum at all.

#AnnualReview #Company #CostCutting #Layoff #Layoffs

Cree Lighting, United Natural Foods Announce Sturtevant Layoffs

BizTimes editor Andrew Weiland appeared on WISN-TV Channel 12. He discussed recent business headlines in southeastern Wisconsin. Topics included the closure of Rare Steakhouse in downtown Milwaukee. Major layoffs at two Sturtevant companies were also highlighted. Cree Lighting is eliminating 172 jobs, and United Natural Foods is cutting 443 jobs.

Sturtevant, Wisconsin

https://biztimes.com/biztimes-editor-talks-on-channel-12-about-the-closure-of-rare-steakhouse-and-major-layoffs-in-sturtevant/

#Company #JobHopping #JobSecurity #Layoffs #Wisconsin

When “Open Roles” Aren’t Really Open: A Look at LSEG Workspace Hiring

Be cautious with Product roles in Workspace at LSEG.

Many of these “open” roles already have a preferred candidate. The process can feel more about optics than real competition which means external applicants may be investing time into something that isn’t truly open.

And if you get rejected after interviewing, don’t take it personally it has little to do with your capability.

If you do interview, ask:

LSEG places strong emphasis on its values (integrity, partnership, excellence, and change) and the motto "Dictum Meum Pactum" how are these actually reflected in management, hiring decisions and internal mobility within this team?

The answers (or lack thereof) will tell you more than the job description ever will

#Company #Culture #Hiring #Job #JobSecurity

50 years

The sun began to set over the 50 year anniversary celebration as the band filled the air with a steady rhythm that kept the energy high. Near the edge of the lawn, the televangelist was busy handing out free books for the upcoming book club meeting, while BH moved through the crowd offering spray tan samples to anyone looking for a quick glow. Over at the photo booth, members of the art department worked tirelessly to frame every photo as soon as it was taken so that everyone had a memento to carry.
Suddenly, the music faded and Big Jim stepped up to the microphone. A hush fell over the crowd. He looked out at the gathered employees, his most valuable asset, and announced that he was liquidating the company effective immediately. He explained that the spoils would be divided equally among every single employee of the company, though Company Man would receive 10x shares in recognition of his unwavering loyalty on this website. As the crowd began to process the news, a massive display of fireworks erupted in the sky to mark the end of the company and the beginning of the next chapter.

#Company

More Frontier

More frontier people started this week. Some of these people are downright id--ts. Why they’re here and how they have made it this far with titles like “senior director” make no sense. More vest wearing finance bros part of the chain.

#Company #Culture #Leadership #Morale

Time for Charlie to Resign

Since Charlie Scharf assumed command of Wells Fargo, the company has deteriorated both from a macro and micro perspective. He has laid off staff, the stock has collapsed, and he lacks leadership skills and clients have suffered. Therefore, at the next townhall meeting, a vote will be taken and Charlie should be asked to leave. Then, the firm should be broken up into separate parts and sold. Enough is enough.

#Company #Cuts #Layoff #Leadership #TownHall

Crystal Dynamics Cuts 20 Jobs in Fourth Reduction

Crystal Dynamics recently laid off 20 employees from its workforce. This reduction included both developers and operations team members. The studio explained it analyzes its structure as games advance development stages. This marks the fourth round of layoffs for the company since March 2025. The studio confirmed these cuts will not impact Tomb Raider: Legacy of Atlantis or Tomb Raider: Catalyst.

https://wnhub.io/news/hr/item-50363

#California #Company #Cuts #Layoffs #WorkforceReduction

There are 4 reasons to work for a company

  • career advancement
  • work life balance
  • cool cutting edge technology
  • money

When I started Wells, wells offered 3 of those.

Now it offers zero.

Last company I worked for when oil hit 120 a barrel went under. Wells wont go under but the Fed will allow it to be bought and merged.

#CareerGrowth #Company #Layoffs #Merger #WorkLifeBalance

Gossamer Bio Cuts Staff After Dr-g Study Disappoints

Gossamer Bio announced poor results from a key study. The San Diego company's stock value dropped by 78%. Gossamer Bio is now laying off 77 workers. This cut reduces its workforce by 48%. The company aims to conserve cash and plans to meet with the FDA.

San Diego, California

https://www.sfgate.com/tech/article/gossamer-bio-layoffs-22084095.php

#California #CashFlow #Company #Layoffs #WorkforceReduction