#portfolio

With so much more now on their plate, portfolio SEs will be going to a specialization model. It will be a pooled model within their region.

Portfolio AEs will use AI for SE support initially then engage the appropriate portfolio specialization SE as the opportunity gets qualified.

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

It's a serious question. I want to invest in Intel and my current thinking is that he'll make an effort to keep the stock appreciating. My logic may be off but I kind of have a feeling. I have been wrong many times before and this is case is no different but I'd be willing to risk a small amount to go down this path. I'd be willing to lose all money so I'll probably just sink all into Intel options and yolo it.

Thoughts? Feel free to ridicule me as well as I find my own line of thinking both stupid and funny, but it is what it is.

Massive changes for Portfolio SEs coming. Essentially generalists won’t exist any more.

Does this include functions like Change Management, Learning & Development, Portfolio, etc?

All Portfolio SE’s down-market from Enterprise and some SP will be moved to Architectures. May happen as soon as Q4, worst case Q1. Comms will start in two weeks.

1) Stop any charitable donations thru’ payroll deduction

2) ESPP - you’re funding a hole in your portfolio

….add other ideas

You got your PEP+, you got your DNA, you got your Clover, bo-m, you got a payments company.

I’m writing to share some feedback regarding the TruPortfolio Solutions rebrand. I recently attended an event where members of the sales team expressed concerns that the new art style feels disconnected from our established financial identity. Are we seeing any data or customer sentiment reports that suggest the new look isn't hitting the mark?

"Three people familiar with the reorganization said the unit's investment committee was reduced to two members: Tan, and Intel's Chief Financial Officer, David Zinsner"

"Two employees familiar with the matter said some within Intel felt pressure to consider portfolio companies where Tan had an interest to align with his strategic priorities."

https://www.techspot.com/news/110576-intel-ceo-also-major-startup-investor-starting-get.html

“Aggressively sunset or exit legacy businesses”
Timestamp: 0:19:06 to 0:20:17

“While we narrow our focus to invest in key growth areas, we will also aggressively sunset or exit legacy businesses where we don't see a clear path to profitable market leadership. We have a large opportunity to unleash meaningful margin improvement by doing so, and we will talk about this in more detail in January.”

“Divest and exit legacy businesses”
Timestamp: 0:28:31 to 0:29:35

“We’re going to do a hard look at portfolio rationalization and divest and exit legacy businesses where we don’t see a clear path to profitability.”

“Simpler, leaner, scrappier business” and “aggressively reducing our entire cost base”
Timestamp: 0:17:56 to 0:19:06

“We will be a simpler, leaner, and scrappier business. This work is overdue and will be multi-year and an ongoing way of life for us… We will fund these investments by aggressively reducing our entire cost base.”

“Portfolio optimization”
Timestamp: 0:43:32 to 0:44:19

“We have parts of our business that are costing us billions of dollars of margin, and I think we can think much more clearly about how do we invest in growth areas and divest or exit those that are not that for us. We'll spend more time on that in January…”

“Everything is on the table for us”
Tony Skiadas CFO – Timestamp: 0:46:32 to 0:47:12

“We're looking at everything, and everything is on the table for us. It also entails being very efficient with our capital spend.”

Source:
https://finance.yahoo.com/quote/VZ/earnings/VZ-Q3-2025-earnings_call-364743.html

So CIBC analyst asked around the pace:
"How should we kind of think about the cadence of divestitures over the next several quarters here as you look to divest 15%-20% of the overall revenue? Yeah, that's a great question. We've been grappling with that and talking to Steve about the right way to do it. Clearly, there are multiple business units here that are non-core. I think what you'll see is we'll establish a pace of doing one per quarter because it does take a lot of effort."...." I think you will see us generally be done within the next year. "

So sounds like 4-5 major sell offs of units...trying to read the tea leaves, who are the top 4-5 targets? Guessing anything non "Content" is fair game but could be individual products under Business Network ITOM, Cyber (Ent), Cyber (SMB/Consumer), ADM and Analytics. Who has the best guess here?

I’ve noticed how 3M is moving more into high-tech areas like advanced materials, semiconductors, and healthcare innovation. It makes me wonder if some of our older divisions are starting to lose relevance.

From my point of view, a few areas that might be showing their age include:

1.  Office Supplies (Post-it, Scotch)
2.  Automotive Aftermarket
3.  Personal Safety Equipment
4.  Home Improvement / DIY
5.  Traditional Industrial Abrasives

These are still strong brands, but growth feels limited compared to newer opportunities. Maybe it’s time to streamline and invest more in technology-driven sectors.

What do others think — are we holding onto too many legacy businesses, or do these still have a strong place in 3M?

What an odd bunch of businesses….. lots of M&A activity in the feed industry; Cargill is completely absent; not surprising given performance in the past few years.

BioIndustrials continues “coasting”……..

Salt? Well; if we get a good winter is a good year
Any insights on who will be the first to be sold from that “portfolio “???

Exxon Mobil on Tuesday is selling more of its assets in the North Dakota Williston Basin to oil and gas producer Chord Energy for $550 million, as the major continues to high-grade its unconventional asset portfolio.

https://www.energyintel.com/00000199-53be-d51a-a79d-5bfe58b30000