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Corel CEO Christa Quarles 2025 Layoff Results

2025 was a harsh and bitter year of layoffs and departures from Corel. Most notably the Vice President & Principal Architect of Parallels left after rearchitecting Parallels for success. The worst part is Christa takes credit for the success of the product line without mentioning his name. Also Senior Vice President of Product and Engineering and the Vice President Of Engineering decided they'd rather not report Christa Quarles CEO at Parallels & Corel due to poor decisions affecting revenue and layoffs of software engineers.

Layoffs and firings are spread across the Canada, US and Mauritius. Directors and managers were made to layoff their entire teams, then they themselves were laid-off. Specifically the Product teams have been hit very hard. Staff turn-over in Mauritius is very high amongst those who are native to the country.

Christa Quarles an American business executive, she has shown zero expert knowledge as a CEO who knows how to manage a company. Christa lead the change of the Corel brand to Alludo in 2022. As of December 2025, Alludo is gone as the brand name, Corel has been returned to keep the focus on Corel branded products. Millions of dollars wasted. No announcements provided as to why

There are two chief of staffs and one executive assistant. Yet the product team have have been decimated by layoffs as has the marketing team.

Christa Quarles CEO of Corel has run out of friends to hire. There are continued complaints from customers of shady business practices associated with the quiet subscription model campaign. Now we wait in 2026 for the next layoffs.


Leading From the Floor vs. Leading From the Deck

Read this article about the CEO of Waste Management, who regularly shows up to early-morning safety meetings, rides with frontline crews, and spends time in the field talking directly with employees and customers.

https://finance.yahoo.com/news/ceo-90-billion-waste-management-071200219.html

It made me wonder whether we’d ever see anything like that at Fidelity Investments. Would Abby Johnson meet with advisors or phone reps, sit in on client calls, or get out of the C-suite and actually see the business up close, instead of managing the firm through dashboards, executive briefings, and carefully scripted town halls?

Feels like two very different ideas of leadership. Curious how others see it.


Dollar Tree is going to emerge as next Pharmacy on the corner of happy and healthy

Dollar Tree is quietly taking many shuttered Walgreens and CVS locations. Once they have enough they will add pharmacy and Starbucks, Ulta or Sephora. Any poor strategic actions like making experienced people quit will just accelerate that make their 10 billion investment become 1 billion or bankrupt.


The quiet before the storm

In late 2025, U.S. rail freight saw a significant downward trend, with reports indicating at least nine consecutive weeks of decline in weekly carloads and intermodal traffic compared to 2024 levels. The worst drop since 2020. Will 2026 continue the drop or rebound?


ConocoPhillips & Venezuela

In 2007 Chavez nationalized all heavy oil. Two of which were Petrozuata and Corocoro that were ConocoPhillips. Venezuela was ordered to pay CP, call it $9 billion for damages. Do you think with the recent US will run Venezuela, CP will be looking to get back in? Then they can hire me again?


What an absolute failure the name Truist has been

Years later and this abomination of a name is still struggling to gain traction. News flash, it never will. We’re never going to make progress with this name. It drags us down like an anchor and reflects poorly on both shareholders and teammates. In all these years, I haven’t met a single person outside the bank who doesn’t mock it. Even today, years later, the legacy names still have greater brand recognition and consumer trust - and they don't even exist anymore. Leadership needs to grow a pair and change back to one of the legacy names, even if it is to have a corporate structure like Meta/Facebook. I am a legacy teammate, and I don't care which one. Just pick one. They are both good names.