#acquisition

Looking at new directors and senior directors for consumer, direct, and channel for Kinetic.

6 out of 7 are an easy find on LinkedIn from Frontier.

It's shocking at how much new upper management folks are from Frontier.

Does anyone know which non-core BU will sold next? Any confirmed buyers or rumors anyone is hearing? My area has been totally silent about it...

Assuming a big piece of reduction in numbers will be associated with Anadarko sale, where else will get hit? What’s the final number?
What’s OVV going to look like

Is it true that parts of the business are about to sold off?
FMS, that’s Mono pumps is apparently about to be sold one of its larger competitors!
If it’s true then it’s great that we will soon be managed more professionally but I’m sure it will lead to cuts as they have a lot of duplication of roles!
Brush up on your German guys, it’s about to get interesting

Chevron is laying off 111 workers in North Dakota. These cuts follow Chevron's acquisition of Hess Corp. The layoffs affect 63 employees in Minot and 48 in Tioga. Chevron completed its merger with Hess on July 18. The company cited efficiency and lower oil prices as factors.

Minot, North Dakota; Tioga, North Dakota

https://www.journalnd.com/articles/journal-news/hess-new-owner-cutting-48-jobs-in-tioga-63-in-minot/

General Electric spinoff GE Vernova spends $70M on Rostraver warehouse

The power generation equipment maker has yet to reveal its plans for the more than 700,000-square-foot facility
Jack Troy
By Jack Troy
2 min read • April 6, 2026 | 2 days ago
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An aerial view of Amcel Center Two in Rostraver, a more than 700,000-square-foot former distribution center recently purchased by GE Vernova. (Courtesy of Genfor Real Estate)
GE Vernova, formerly a part of General Electric, spent $70 million to buy a distribution center in Rostraver last month, adding to the Massachusetts-based power generation equipment manufacturer’s strong Pennsylvania presence.

Westmoreland County property records show GE Vernova subsidiary GE Renewables Grid LLC purchased the more than 700,000-square-foot property from Gordon One LLC.

GE Vernova, which is headquartered in Cambridge, Mass., was created when General Electric split into three companies in 2024.

GE Vernova did not immediately respond to questions about its plans for the property along Finley Road known as Amcel Center Two. The company leased about 150,000 square feet in the building prior to buying it.

How many plants and distributors centers have had Capstone take over their facility? Kicking out union and union wages

Any former HSBC Canada folk wishing they remained in Canada? My time with RBC since the acquisition has been nothing but misery

https://business.toshiba.com/news/toshiba-expands-its-high-output-print-portfolio

Looks like T-Mobile will buy kinetic, and more layoffs coming. Uniti executives definitely securing their seats in he-l

https://x.com/intel/status/2041501301318766866

Nexstar's acquisition of Tegna could result in layoffs. WTHR is a television station owned by Tegna. Potential job cuts are expected at WTHR. This development follows the recent company deal. The acquisition impacts operations in Indianapolis.

Indianapolis

https://www.indystar.com/videos/opinion/columnists/jacob-stewart/2026/04/06/wthr-layoffs-possible-after-nexstar-tegna-deal-indianapolis-deputy-opinion-editor-jacob-stewart/89489868007/

Circle City Broadcasting LLC acquired WRTV-TV Channel 6. More than 50 WRTV staff members were terminated on Tuesday. Fewer than five of approximately 60 employees were retained by the new owner. The acquisition was completed just hours before these layoffs occurred. WRTV operations will relocate to the WISH and WNDY building.

Indianapolis, Indiana

https://indianaeconomicdigest.net/Content/Default/Major-Indiana-News/Article/Layoffs-at-WRTV-in-Indianapolis-exceed-50-staff-members-as-new-owner-pledges-more-news/-3/5308/121236

Seattle Met magazine is under new ownership. Hour Media acquired its parent company, SagaCity Media. SagaCity Media sold its publications for $1.6 million in March. The company had faced financial difficulties and entered receivership. Layoffs have started at Seattle Met, affecting several editorial staff.

Seattle, Washington

https://mynorthwest.com/local/seattle-met-magazine-layoffs/4225310

IGT announced global layoffs affecting 700 workers last month. This reduction represents about 10 percent of its worldwide workforce. The company stated the cuts align resources with business priorities. Analysts attribute the downsizing primarily to the IGT and Everi Holdings merger. The merger and subsequent acquisition by Apollo Global Management created position overlaps.

Las Vegas, Nevada

https://www.reviewjournal.com/business/casinos-gaming/analysts-too-early-to-tell-how-layoffs-will-affect-igt-in-nevada-3733389/

E. & J. Gallo Winery acquired Four Roses bourbon in a significant industry move. The deal is reportedly valued at up to $775 million. This acquisition follows recent layoffs and facility closures by the Modesto-based company. Gallo aims to diversify its portfolio as American wine consumption declines. The bourbon brand was purchased from Japanese firm Kirin Holdings.

Modesto, California

https://nypost.com/2026/04/05/business/california-winery-gallo-finalizes-purchase-of-four-roses-bourbon/

Looks like SBA is beating Crown to the punch by exploring a sale.

Summit Beverage is acquiring Hayden Beverage Company's Montana assets. This acquisition will result in layoffs for Hayden Beverage's Montana employees. Approximately 120 employees in Montana are affected by these job cuts. Affected staff will receive severance packages, including one month's pay.

Missoula, Montana

https://nbcmontana.com/news/local/summit-to-acquire-haydens-montana-assets-as-layoffs-loom

Legal hold tech and ADM are going go next. SMBC will be last as it needs a major player to buy it

Anyone want to take a guess at who will take control after the company is run into the ground?

The options language for E1s and above say a “change in ownership or Control” would trigger all unvested RSUs to vest so you don’t have to wait the continuous 3 years cycles for all your options to vest.

Did that actually happen with the sale?

Name to watch

August 31st.

FIS either realized their mistake in record time, or need additional time to line up a buyer.

https://finance.yahoo.com/sectors/technology/articles/ibm-announces-strategic-collaboration-arm-040100144.html

This is far more strategic than first appears as it gives Enterprise customers options while feeding IBM’s strategy of buying SW innovations.

1. It grows IBM’s Mainframe moat for the Fortune 500 - 1000 (expands the mainframe monopoly)
2. It opens up SW acquisition opportunities thus allowing IBM to expand its distribution model while also shrinking IBM’s legacy SW in house development model

Hour Media acquired SagaCity Media, a regional publishing group. The purchase price for SagaCity Media was $1.6 million. Layoff notices were sent to employees, including Portland Monthly staff. Net proceeds from the sale will go to First Fed due to SagaCity's $2.6 million debt. A court-appointed receiver oversaw the purchase agreement.

https://www.oregonlive.com/portland/2026/04/layoffs-hit-trend-setting-portland-magazine-as-regional-publishing-group-sold-for-16m.html

Circle City Broadcasting completed its acquisition of WRTV on March 31. The company subsequently laid off a significant portion of the station's staff. Several WRTV reporters confirmed their last day was March 31 via social media posts. Circle City Broadcasting now owns three Indianapolis-area news stations. The Federal Communications Commission approved this acquisition despite typical ownership regulations.

Indianapolis, Indiana

https://www.indystar.com/story/news/2026/04/01/wrtv-reporters-laid-off-after-circle-city-broadcasting-buys-indianapolis-station/89416536007/

Can anyone share/confirm what total management headcount are we sitting at after Nov impact and frontier acquisition?

Just like Umbro, Cole Haan, and Hurley. Converse will be sold.

Buckle up! Now tell us Frontier’s clan didn’t come over for any other reason but to help secure the sale. The writing has been on the wall.

“One source told the publication that T-Mobile (TMUS) and TPG could be partnering for an offer for the entire company, according to the report.”

www.msn.com/en-us/money/companies/uniti-group-jumps-amid-report-tpg-t-mobile-looking-at-assets/ar-AA1ZQk1g

AMD says it will buy Intel, completing the strangest reversal in chip history

https://www.techspot.com/news/111906-amd-buy-intel-completing-strangest-reversal-chip-history.html

https://wwd.com/footwear-news/shoe-industry-news/sneaker-allbirds-missteps-expansion-stores-acquisition-1238694185/

Maybe its a culture change. Every Sun employee who was not be retained by Oracle received a live phone call from the direct manager. "Oracle will not be offering you a job". Then you received correspondence about the separation arrangements, which, for directors and V.P.s were consistent with the "change in control" provisions. Maybe the numbers here made personal calls difficult, but feels pretty cold.

Pro Football Focus implemented mass layoffs. This occurred after selling its data and analytics platform. Teamworks acquired PFF's enterprise business in a reported nine-figure deal. Many content creation employees confirmed their dismissal on social media. Cris Collinsworth will remain involved with PFF as a Teamworks shareholder.

https://thespun.com/nfl/layoffs-hit-cris-collinsworths-company-after-100-million-deal

South Congress Hotel is preparing for a temporary closure. The hotel will undergo renovations. It sent termination letters to many employees. Dozens of staff members are affected by these layoffs. This action follows a Hyatt acquisition.

Austin, Texas

https://www.bizjournals.com/austin/news/2026/03/31/south-congress-hotel-layoffs-hyatt.html

With stock price halved, Kyndryl is a very attractive options for Private Equities and India IT chop shops that would love to have the sticky managed services clients. What are your thoughts?

All hardware development is in the works of being moved to India. Sites such as Tullahoma will be reduced to near minimum manning and all devices will be developed in India entirely.

Louie’s first order of business is to unwind the purchase of Lexmark so that Lexmark can go on to have a great and successful history and not one that was ruined by Xerox.

West Michigan experienced a significant increase in layoffs during 2025. Over 2,500 workers lost jobs, with 1,918 reported via WARN notices. This represents a 78% rise in WARN layoffs compared to 2024. Experts predict more layoffs for the region in 2026. Acquisitions and the end of "labor hoarding" are contributing factors.

https://www.woodtv.com/news/michigan/w-mi-saw-most-layoffs-since-pandemic-in-2025-as-statewide-numbers-decreased/

Di-k's Sporting Goods has started layoffs at Foot Locker. This occurs nearly a year after its acquisition of the retailer. Unnamed sources confirmed the news to Footwear News. Some employees were asked to return to office or relocate. Redundancies were expected following the merger.

https://fashionunited.in/news/business/di-ks-sporting-goods-initiates-layoffs-at-foot-locker/2026033053835

Looks like Truist Financial Corporation is gonna get scooped up by Citigroup later this year. Bill and the execs will ride off into the sunset laughing their tails off at us with a massive windfall. The rest of us? We’ll be lucky just to hang onto our jobs. Massive layoffs feel inevitable. And yeah, from what I’ve heard, the employee culture at Citi su-ks ba--s.