#execshuffle

Wow, that didn't take long!

Long life VH.

Allegedly there is going to be a MAJOR executive shakeup next year. This comes from a very good source. Store closures, executive shakeup,!reduced budgets, declining sales, get out now!! While you can!

I am little behind on the news. I would say good for Intel and not so much for OpenAI.

Two big exits in two weeks. Honestly feels like things might finally be moving in the right direction. Really hoping the unannounced / undecided LSS interim is the one we’re all secretly pulling for. And that today's announced CTO interim doesn’t end up permanent. Who's the next one to go?

I am wondering after such huge tech lay-offs Nike definitely must be saving some money, I am wondering why MD was laid off, she was on the AI train, making sure we have right tech roadmap, footprint.
Can anyone speculate what she did wrong?
She is remote is not an only acceptable reason, she has the wit and gut to do what she envisioned, whether remote or not. Just wondering why, please speculate!

What’s the deal? Her Outlook states OOO since March and I’m fine without the daily political spam.

Will there be more execs to leave in engineering and ops?

"Wells Fargo Names Saul Van Beurden to Lead Artificial Intelligence; Kleber Santos to Expand Responsibilities and Serve as Co-CEO of Consumer Banking and Lending with Van Beurden"

cannot be good for TK, previous AI cheerleader.

Why’s going on with them after their big boss left vz

Discuss.

That's all.

I want to revisit a question someone once posed: Who is/was Frank Kosd??

The rumor is that he was one of Frankservs buddies and got installed as an EVP with next to nothing in experience.

His linkedin confirmed this with really no previous roles listed, which is odd for someone who is an EVP at a major company.

Now I don’t even see him in Workday, and I saw him there as recent as last week…. was he freshly let go as of this week?

I’m surprised he continued for this long after Bisig left… it was always bizzare that he didn’t have any profile pictures anywhere, considering his level with the company.

Can anyone confirm he’s a real person?

I feel like I haven't seen this many execs decide to step down with no announcement of a new position somewhere else. If these were retirements, would they be announced as retirements? Or would they say "stepping down" and "spend time with my family" and keep retirement under wraps? Has this many step downs happened at HP before.

JS has been dismissed and alot of new faces from brightspeed and verizon have joined.

As American it is funny to see how those d-mbfu-ks from Finland are panicking but until Justin will weed out them till L4, sabotage will not stop.
USA market means COTS and COTS means thousands of Finns being useless and they know it.
At least he got rid of Tommi the Mo--n who lost ATT and Verizon! Now go after Niko and rest of them before they will derail attempts to win back USA for sake of saving their as--s

I’ve pretty much accepted I’m probably getting canned today. No performance issues, just not the type to su-k up. If my direct leadership has any say in the cuts, I’m definitely on the list.

Honestly, I just hope they actually cut the bloat for once. Leaders are making way more than the rest of us, and one cut at their level could save a bunch of our salaries. We’re the ones doing all the work. Have you seen how many Band 5 and 6 leaders have zero direct reports on Inside Verizon lately? It’s ridiculous! How the he-l did we end up back here after 2015?

a company that once was sold, got bankrupt and resurrected from the dead .... imagine all the cash these guys made/ will be making....

should we be suspicious ?

Will Frontier also face a massive lay off initiative?

are you surprised or not

Be expecting a “thank you email” soon…

Well, looks like he’s leaving after all.

n/m

2 big branch divisional execs willingly left/resigned Wells Fargo this year (Cali and the southeast). Who will take their roles? Why does everyone hate Colleen? It’s giving ghetto!

tick tock, tick tock....

Intel's CTO and AI chief leaves for OpenAI after just seven months in role — follows another AI data center exec out the door, Lip Bu-Tan to take up the slack | Tom's Hardware https://share.google/N8vbWxNr8o0YGrv59

With the SVP changes today, both in the business & finance…. I can’t help but to ask myself, how are they deciding who is being let go? These shifts imply that the new leaders do not know their org structure…. Who is good/ who isn’t etc.

All we can do now is, not let our nerves get the best of us. Today just proves that layoffs will be 1. financial 2. Strategic and not personal and reflective of your abilities.

I hope everyone can get some rest after today and realize there is nothing that you can do it. Out of our hands so should be out of our minds.

https://x.com/sk7037/status/1987998832270127601?s=20

Dan said that most of his transformative change would be unveiled in his next 22 days as CEO. Week #1 revealed him hiring his PayPal buddy. What do you think will be revealed this week? Are you as excited as Dan to be part of the transformative experience?

Chairman is 5 weeks in and started working 10 weeks ago.
What's next?
GB and KD out? bottom 10% out? what else?

4 out of 6 market presidents shown the door! Any confirmations?

So with Edmundo moving on to greener pastures. Any ideas who will be taking his place? I have heard Dave Marino is in the running to pick up where Edmundo left off. Let's hope this is true.

MB, CTO is on the move!

Chris McCarthy being “let go” as co-CEO back in August was probably the first sensible decision Paramount’s made in years. The man’s entire career has been one long masterclass in failing upward. Now he’s probably slinking over to 101 Studios or NBCU to “collaborate” with Taylor Sheridan, who’s already planning his big exit from Paramount in 2028. It’s the perfect Hollywood farce. One guy can’t keep a job without wrecking it, the other’s counting down the days till he can cash out and ride off on a horse named Ego. You decide which is which. Chris somehow walks away with a multi-million dollar payout for achieving absolutely nothing, proving once again that in this town, being useless isn’t a flaw,it’s a business model. That's right, Amy, Liza, Laurel, Nina, and co.

Wonder how much more bad news is out there now that Rick is out. Doesn’t instill confidence and I wish that we at Ansys were not acquired.

I suspect the initial set of layoffs will happen tomorrow now that we have an all hands call tomorrow.

who else is tired of these leadership changes in finance that make no sense? extra work training the new bosses, just for them to be sent elsewhere in 6 months.

Title speaks for itself. There have been some significant departures within Quality leadership recently. Anyone have any insights?