#acquisition

If accurate there is a Big Payday headed for Bill and crew. It has just been leaked that Citi corp is considering buying Truist or PNC. My money is on Truist at a discount. Of course, executive leadership will be well compensated. That is not likely the case for the remainder of Bill’s “teammates.”

Bloomberg posted a story that citi execs are contemplating ways to grow deposits domestically through regional bank acquisitions. USB and TFc in play.

And yes. Aware that C “dismissed the baseless speculation “

How many operating council members and other “paper tiger” execs survive? Shouldn’t take long to figure out the incompetence.

Boeing's return to Wichita offers job stability for many production workers. However, Spirit AeroSystems management roles may face layoffs or relocation. Economists note that Wichita's lower labor costs could attract more Boeing production. This could boost manufacturing jobs in the region. The city currently faces a challenge in finding enough workers to fill potential new positions.

Wichita, Kansas

https://www.kwch.com/2025/12/08/boeings-return-wichita-brings-job-stability-layoffs-possible-some-workers/

The articles that just came out about the rumors of Citi seeking to acquire a regional bank speculate about PNC and Truist but it will be USB. The McKinsey mafia will ensure Kedia has a role at the combined organization.

Another 52 week low with the stock today and has fallen under major support

If it continues to fall then it very likely PE take over, strip the company to bare bones and break it up for parts

See if people get let go ……..

NCR Voyix has agreed to sell its bank technology solutions business in Japan to local IT services provider NTT Data.

The transaction is expected to close "by the end of 2026", according to NCR Voyix, while financial terms have not been disclosed.

The business operates under the brand name NCR Commerce Japan and specialises in foreign exchange, lending, call centre, video teller, and network solutions for financial institutions.

Much like when First Data came in, why hasn't anyone else scooped in to take over and acquire the client base? Only thing of value are the customers we still have.

Seems the place is ripe for the taking.

I’m shocked that they just bought another company when they have said publicly many times they will stop for a while (they just bought a new one last week)

How is the ceo able to say one thing in earnings and within a month do the opposite

Summit Funding is laying off 163 employees. These layoffs are effective May 17. The reason for these terminations is the company's pending sale to CrossCountry Mortgage. Affected staff may receive separate job offers from the purchasing entity. Summit Funding's Sacramento headquarters will not close.

Sacramento, California

https://www.housingwire.com/articles/summit-warn-notice-layoffs/

Many investors want to exit their positions in FIS, but most of them are currently down by 30% to 50%, and some even by 70%. Because of these heavy losses, they are unwilling to sell at this point. What investors really want is either a strong turnaround in the company’s performance that drives the stock price up, or for FIS to be acquired by a major industry player so they can recover some value.

However, FIS has a very large workforce, and no major company is interested in acquiring such a high‑headcount organization. As a result, FIS has begun outsourcing and laying off employees to significantly reduce its full‑time workforce—potentially by up to 50% compared to today. This process is expected to continue through the end of the year. Once the company becomes leaner and more cost‑efficient, a sale becomes more likely

https://intellectia.ai/news/stock/investigation-into-ncr-atleos-acquisition

Bo-m! Studios announced a major organizational restructuring. This integration places many Bo-m functions under Random House Worlds. The changes resulted in layoffs for some personnel. Key roles like publishing, operations, and business planning are now within the larger group. This follows Bo-m's acquisition by Penguin Random House two years prior.

https://www.comicsbeat.com/bo-m-restructures-under-prh-including-layoffs/

Let me get to the point - Sprint is cancer and everything Sprint touched gets in deep troubles, just ask Nextel and Clearwire!

This will send the stock on a run. Comp will follow.

We’re so back.

“ AIG has committed to 25% of McGill’s $1.6 billion gross premiums written specialty portfolio, allowing it to deploy capital at scale. The use of McGill’s digital platform and agentic AI simplifies the underwriting process.”

May 1st will be a new beginning and fresh start for fiber. Arium & Zayos paths are uncertain but they have a future good or bad. Crown however, is damaged and the trust has been broken every Crown employee will be looking over his or her shoulders for next layoff for years to come

The past year and a half has felt a bit like end game.

My guess is that he won’t stay longer than a year. I’m in management and preparing for a revolving door of executives along with quarterly RIFs until we are ultimately acquired.

Rumor has it TPG is talking about stepping in to buy the struggling clinic after Optum couldn’t turn it around. We shall see…

All-hands call today mentioned that "hundreds" of people have lost, or are losing, their jobs due to the IBM acquisition. Does anybody have better numbers?

Well the reality of living off a questionable net adds 4Q/25 is setting in.

Zero change in execution, integration of Frontier and DEI Directors/VPs to execute will continue to drive Vz stock South.

Hiring MBAs to create a theoretical strategy vs meritocracy of employee based results will ensure Vz being aquired in 2-3 years!

Lack of a strong Vz Executive bench and Board all but says " aquire my assets". What

With all the layoffs and the CFO leaving to “prioritize family matters” is something big coming? I remember someone here saying last year that the company was going to be sold in April. Maybe that’s true? Maybe it’ll be split into smaller companies like kidney co.

I never thought I would be writing something like this.

I’m 45 years old, and I’ve spent the last 18 years at Ansys, working remotely and affiliated to the Pune office in India. Like many others, I joined when the company was known for its stability, long-term vision, and the way it treated its employees. For nearly two decades, it felt like a place where you could build a career with trust and security.

Yesterday, that changed.

In a short meeting with HR, I was informed that I’ve been laid off. Our team, based out of India, USA and Spain is being cut by nearly 80%. Just like that.

I have a housing loan (EMI), daily expenses to manage, and a 2-year-old daughter depending on me. My wife is working, and she can support us for now, but I don’t want to put the entire burden on her shoulders. Living on a single income, especially in today’s world, isn’t sustainable for long.

What makes this harder is not just the job loss itself, but the feeling that something fundamentally changed. For years, Ansys was seen as a stable and dependable company. Many of us built our lives around that belief. The recent acquisition has shaken that trust. It feels like decades of stability and goodwill have been undone in a very short time.

It’s difficult not to feel that employees have become secondary to financial goals. Decisions like these make it seem like people are just numbers on a spreadsheet.

Right now, I’m trying to process everything and figure out the next steps for my family. I just had to vent since I never really expected I’d see this happen. I was naive. Anyway, good luck to you folks around the world, I hope things go well.

BoA just signed up to take over all of OBP, making current tenants of 600,000 SF subtenants of BoA i.e. no immediate big expansion but we went from 1.8m SF leased to 2.4m SF total so flex option for the future...perhaps this is to enable the full RTO ?

Warner Bros Montreal has experienced an unknown number of layoffs. This occurred amidst the acquisition of Warner Bros by Paramount Skydance. Employees shared news of their cuts on LinkedIn. The layoffs affected various departments, including producers and designers. Cost-cutting efforts are common during major company acquisitions.

https://wccftech.com/warner-bros-montreal-hit-with-unknown-number-of-layoffs-amidst-paramount-acquisition/

Whether it’s true or not that the company must slash 50% of the workforce to survive, the number of employees has always boggled my mind. Where are all these people working, what groups, regions? Now we are 2x after the Lex acquisition, and it is even more of a mystery. Who has insight?

The ratings agency on Friday downgraded Xerox's corporate family rating one level to Caa2 from B2. Moody's also assigned a Caa3 rating to Xerox's step up backed senior unsecured notes due in 2030. The ratings outlook was changed to negative from stable.

Moody's cut Xerox's credit ratings, citing concerns over the company's financial performance since its deal to acquire Lexmark closed last year.

Moody's said the downgrade was driven by Xerox's worse-than-planned performance after its $1.5 billion acquisition of printer maker Lexmark closed in July 2025. Continuing challenges in the printer market and subsequent revenue declines may make it difficult for Xerox to refinance its debt before it matures in 2028, Moody's said.

Moody's said Xerox will likely remain under pressure as its large peers; such as Canon, Fujifilm and HP; benefit from more diverse revenue streams and stronger balance sheets. The ratings agency expects Xerox's revenue to decline by a low- to mid-single-digit rate, partially offset by margin improvements as the company realizes synergies from its Lexmark acquisition.

Xerox has also implemented a warrant program that allows for an effective exchange of debt at distressed levels for equity. If a material amount of debt is exchanged, Moody's said it could view the transaction as a distressed exchange.

https://www.marketscreener.com/news/moody-s-downgrades-xerox-on-concerns-over-financial-performance-ce7e5fd3dc8ef325

https://deadline.com/2026/03/bet-plus-folded-paramount-plus-tyler-perry-1236752222/

Summit Beverage will purchase Hayden Beverage's business in Montana. This transaction is expected to cause job reductions for Hayden staff. Hayden Beverage employs 120 people across its Montana locations. Affected workers will receive severance and extra pay based on their tenure.

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

https://www.barrons.com/articles/berkshire-deal-for-occidental-chemicals-unit-is-a-winner-51a720f0?siteid=yhoof2

OxyChem valuation up ~$3B since Oxy sold. Deal was done in tax inefficient manner. Oxy retained Environmental liabilities. Oxy didn’t try to sell to any other buyers and only negotiated with BRK. They have Vicki pegged as their mark.

This is why Oxy stock is sitting in the mid 50’s with oil at $100/bbl compared to significantly higher when Vicki became CEO and when Oxy acquired Anadarko. Buy high, sell low is not a winning strategy.

Rambeau out and Mehta takes over two out of three segments. What is going on?

Are our "shares" worth anything? Is there any kind of exit strategy for KKR? I know they aren't pleased with the company's financial performance but will they eventually cut their losses or is there a possibility that we get sold soon? Any rumours on potential suitors? I need something to look forward to this sh!t is bleak lately.

Get ready the CEO stated that UP will resubmit the merger plan with NS by April 20th. He stated there will be attrition and resignment with the workforce once the merger takes place.

I worked at Chevron, currently work at EM, but if I could turn back time and choose where to go back in my career, I'd go to pre-Pioneer Parsley. Being bought completely destroyed it, but before? A truly great place to work with some of the best people I've met in my life.

Paramount is saying the merger will go without major layoffs. I honestly think they're full of it and only saying that not to cause panic. This is not a cheap acquisition, and they'll have to find ways to make up for the investment somehow. I wish I was wrong, but I believe major layoffs are unavoidable.

Compass International Holdings initiated layoffs. One hundred ten jobs were cut in Madison, New Jersey. These reductions follow its recent acquisition of Anywhere Real Estate. The company aims for "cost synergies" after the merger. Compass plans to achieve significant savings over three years.

Madison, New Jersey

https://therealdeal.com/national/2026/03/06/compass-post-merger-layoffs-are-here/

With the reorganization that’s been happening lately, and hearing there may be more changes coming, it seems like it could be part of preparing the company for a smoother acquisition.

In situations like this, layoffs sometimes continue periodically leading up to a sale. After the deal is completed, there’s often another round of restructuring during the integration phase, which can happen about six months to a year after the sale. In some cases, there may even be another round if the acquiring company decides to consolidate teams or overlapping roles.