#acquisition

After a lot of back and forth, it's been decided that cyber, the whole of Microfocus Portfolio will be sold in early H2.
A private firm is very close to making the purchase but has made it clear to cut 75% of the team and no Marketing/BDR roles to be retained.

Anyone heard anything on the lumen fiber buyout? Will we being doing the installs.

BRAKING NEWS! All T-Zones and myFaves team members will be impacted.

• Paramount Skydance is working with an investment bank as it prepares an offer for Warner Bros. Discovery, according to people familiar with the matter.
• Warner Bros. Discovery shares closed up more than 28% on Thursday, the stock’s best day ever. Shares of Paramount Skydance closed up 15%.
• The Wall Street Journal first reported the recently merged Paramount Skydance was preparing a takeover bid for the entirety of WBD.
  https://www.cnbc.com/2025/09/11/warner-bros-discovery-paramount-skydance-bid.html

Global payments employee here. Many of the employees here still do not know if they’re staying with Global payments are going to FIS a decision has been lingering for some areas. I’m curious on your end at FIS what’s the word on the street? What have you heard regarding TSYS/issuing and the employees that will be coming to FIS.

https://www.cnbc.com/2025/09/11/warner-bros-discovery-paramount-skydance-bid.html

Don’t let them fool you, Halliburton will be sold soon. Leadership will get wiped clean. It’s the only way. Worse leadership imaginable. Completely out of touch with hard working people that actually run the industry. Tell your white collar leadership to work on the well head, and earn their stripes like the rest of us.

Who is going to buy Intelligrated? I’m hearing rumors it’s going to be Trew.

Now on the top of richest people all over the world. Still not enough? What is the next step, acquistion of cosmos and creation of Oracle Galaxy?

Guys, I am with you, you are strong and worth more than you are treated. Take care of yourself 🩷

Why did HCSC even bother to acquire the Cigna MA LOB? HCSC has made it clear that Cigna MA employees have no value to them and that they could not care less about us. What was the point? Will they actually make a profit from their expansion in the MA market, or possibly from selling us when the one-year period is up, or will they write off the aquisition as a loss--what is the real reason?

Is this going to lead to any layoffs at RaceTrac?

ExxonMobile announced Tuesday that it is acquiring the technology and U.S.-based assets of Superior Graphite, including most of the company’s production facility in Hopkinsville, for an undisclosed price.

by Jennifer P. Brown
Published: 12:22 am Sep. 10, 2025

The Hopkinsville plant produces graphite, a key ingredient in lithium-ion batteries.

“We think Superior Graphite’s technology is a perfect fit for us,” Dave Andrew, ExxonMobil’s vice president for new market development, told Hoptown Chronicle.

Andrew was in Hopkinsville for the announcement, along with Superior Graphite Chairman and CEO Ed Carney.

Although the price was not disclosed, the transaction will benefit Hopkinsville workers who are part of the employee stock ownership plan, said Carney. They have been part owners of Superior Graphite since 2006, he noted.

The deal also includes Superior Graphite’s research and development facility in Bedford Park, Illinois.

The company employs 72 workers in Hopkinsville. Andrew said ExxonMobil plans to maintain that workforce.

Superior Graphite was established in 1917. It has been in operation at its Hopkinsville plant on Calvin Drive since 1977 — making it one of the longest running industrial plants in the community. The plant manager is Jamie Visingardi.

Superior Graphite uses a process it calls “green graphitization technology” in the production of graphite and carbon-based materials. The furnace at the Hopkinsville plant reaches a temperature of approximately 5,000 degrees fahrenheit, which is half the temperature of the surface of the sun, said Carney.

In a press release, ExxonMobil said acquiring Superior Graphite “… marks a major milestone in our strategy to build a robust, synthetic graphite supply chain — right here in the U.S.”

“Compared to traditional mining operations, it’s less labor-intensive, more consistent in quality, and can be made with our carbon-rich feedstocks from existing refining streams,” the release states. “What does that mean in plain English? That we can scale faster and smarter, all while producing a better graphite than what is available in the market today.”

Andrew added, “This is a really important part of Exxon Mobil’s plans to enter the battery end of the market … which we see as a really attractive, growing market.”

ExxonMobil’s interests in EV batteries and energy storage systems require synthetic graphite material that comes from the Hopkinsville plant. The company aims to produce products that “will deliver faster charging and longer life than existing graphite materials today.”

https://hoptownchronicle.org/exxonmobil-is-acquiring-superior-graphites-hopkinsville-production-plant/

I’m from Ansys, this entire acquisition has been terrible for morale. We’ve had little to no layoffs in decades operating along, even when we acquired other companies. Ansys was performing fine with no signs of layoffs and record breaking quarters without Synopsys. We’re less than 2 months in to the acquisition and are likely losing half of our staff.

Sassine's first act as ceo has been a terrible one, at least for the resources at Ansys.
OP: @ct+1k4r879jw

This. And now we are all going to pay the price for the acquisition, especially the Ansys people.

Centerwell just bought The Villages Health System for $48 million dollars!! I just don’t understand!?

This is the opening salvo. If we’re spared and it all hits Ansys’ side, I wouldn’t be surprised at all if we hear about more cuts on our side soon after. No acquisition of this magnitude happens without major workforce realignments, and this will be no different. I’ve already started applying, just in case.

Who do you think would be impacted? Majorly Ansys employees? Or What groups?

Coming from Ansys, Ansys had very few layoffs over the years. Acquisition by synopsys is the worst thing.

Seems like the offers are lesser compared to what we make at Juniper. From today's meeting, seems like the next pay cycle for us doesn't happen until end of next year.. They kept talking about such a huge number for bonus funding.. has that been really the case or is it just on paper.. anyone knows.. ?

Even if you get an offer, seems like we just have to hang in there until we move out..

I'm getting more and more detached from this combined team...

I didn’t think it was possible but Go Go has made a good move. The purchase of Cenovus 50% stake in WRB should have been done a long time ago.
It just goes to show that even a broken clock is correct 2 times a day.

All of those employees are at the Bremer Service Center in Lake Elmo.

The filing says the layoffs are “As a result of the acquisition of Bremer with Old National Bank”.

https://www.fox21online.com/2025/09/08/bremmer-bank-to-layoff-244-people-in-minnesota/

Source:
"Imperial Oil to be bought out ? - post regarding ExxonMobil Corp. layoffs"
URL https://www.thelayoff.com/t/1k4gad26c
Link: @OP+1k4gad26c

I'm thinking all locations that are not considered high performing will be on the chopping block. And that'll be just the start. I hate this is happening because I actually like my job here. I don't want to leave, but I'm starting to feel like I should before the you-know-what hits the fan.

With the acquisition of FL coming any rumblings of reorgs within DSG?

How do long timers at Cisco feel about the acquisitions taking over instead of assimilating?

1 this too shall pass eventually
2 will make Cisco better
3 can't wait until they go away
4 give them a chance

“That’s capitalism folks. You either succeed or fail or someone could buy us”

I heard that from CEO in person about 4 months ago.

Comments are welcome folks.

ConocoPhillips is implementing a reorganization, reducing its workforce by 20-25% to cut costs amid declining oil prices and rising expenses, with most layoffs occurring before yearend.
by Conglin Xu

Key Highlights
(1) ConocoPhillips plans to cut 2,600-3,250 jobs due to cost pressures, primarily before end-2025.

(2) The energy company aims to complete its reorganization and announce new leadership by mid-September, with full implementation by 2026.

(3) Similar layoffs are occurring industry-wide, with Chevron, BP, and SLB also reducing headcounts.

US oil and gas producer ConocoPhillips will cut between 20% and 25% of its workforce as part of a sweeping reorganization aimed at cutting costs and improving competitiveness, the company confirmed on Sep.3.

The Houston-based energy firm employs about 13,000 people worldwide, meaning between 2,600 and 3,250 jobs will be affected. Most of the reductions will occur before yearend, with the new corporate structure and leadership team to be announced in mid-September. The broader reorganization is expected to be completed by 2026.

The move comes amid weaker oil prices and rising costs that have squeezed profits across the industry. ConocoPhillips’ second-quarter net income fell to $2 billion, the lowest since early 2021 during the COVID-19 downturn. Chief executive officer Ryan Lance said costs have climbed by about $2/bbl in recent years, with controllable expenses rising to $13/bbl in 2024 from $11/bbl in 2021, eroding competitiveness.

In an internal video, Lance noted that as the company optimizes its organization and take work out of the system, fewer roles will be needed.

Oil, gas company layoffs
Other oil majors have also announced significant layoffs this year. Chevronsaid in February it would cut up to 20% of its staff, bp plc plans to reduce its workforce by more than 7,000 positions, and oilfield services giant SLB is trimming jobs as well.

In August, ConocoPhillips announced it expects to achieve more than $1 billion in cost cuts and margin improvements by the end of 2026, in addition to $1 billion in synergies it plans to achieve from its acquisition of Marathon Oil in 2024.

https://www.ogj.com/general-interest/personnel-moves-promotions/news/

Friends, Our CFO " AKA the Iceman" sees layoffs like brushing the teeth - it's a regular activity ??

OK, not sure I get the similarity, but good for him that he does.

As all of you knows our stock price has been falling. In the last 3 months the stock drop (about 12%) has erased more than 37 BILLION Dollars of value. This equates to more than an entire year of Gross Revenue.

I'd say this is a problem. actually a "big problem"

So what does everyone think the Iceman will do to attempt to bolster such a loss ( and of course to protect the Ex Board jobs). Yes. you got it. Layoffs will be coming to SAP - especially all of those high cost areas. The rest of the way they will try and "buy" their way out of the downward spiral and buy some acquisition with the hope it will divert investor focus on SAP performance.

Q4/Q1 will not be happy times here.

Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ: QIPT; TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, today announced the closing of its previously announced joint venture transaction with three major health systems and two hospitals to acquire Hart Medical Equipment (“Hart”). Quipt has acquired a 60% ownership interest in Hart, with the remaining 40% interest collectively held by Henry Ford Health, McLaren Health Care, Blanchard Valley Health System, Wood County Hospital, and The Bellevue Hospital.

https://www.morningstar.com/news/globe-newswire/9522483/quipt-home-medical-completes-strategic-acquisition-of-hart-medical-adding-60-million-in-revenue

"Today was my last day at Red Hat.

I won't tease you with fake suspense, the whole runtime and middleware division from Red Hat is moving to IBM, and this week is my turn. So on Monday I'll be back at IBM."

https://x.com/MickaelMaison/status/1961518724433027301

Sale will go through in January.

Next VSP or large scale restructuring is imminent. Hearing chatter around 2Q/3Q 2026. Makes sense with Frontier acquisition closing but too close to past 2024. So may not be a VSP and just restructuring 🤔

These layoffs are consistent with Oracle's business model. That is to say:

1. Acquire technology/companies
2. Titrate down all investment in that product's innovation, engineering/dev, support
3. Milk the support stream (possible since the customers are now "over the Oracle barrel")
4. Discard the dessicated corpse.
5. Rinse, repeat

Given this model there is no such thing as too many reductions.

Questions?

I’ve been anxious about the future of this company ever since it clearly started its downward spiral. On the surface, this deal may look like a resolution, but to me it feels more like a continuation of the agony. More uncertainty, more stress, more pressure - and with the new owner, motives and practices are very much in question. I can only hope the transition works out for at least some of us, but honestly, I’m doubtful.

merge with The Human Interest or Vestwell

Probability? Thoughts?

Are you hearing anything about a merger or acquisition of FirstEnergy?

Over the past few days, we have been hearing about quite a few people who had dedicated their lives to Juniper. These people spent upwards of 80hrs a week in supporting the organization grow and deliver.

As this acquisition is taking shape, we are being informed that these folks do not have a place in the new organization. This is beyond comprehension. How can our SVP's EVP's make such decisions and completely ignore these individuals in favor of the new team. Some of these people let go have a resume that's longer than the age of these new members.

I'm beyond stunned today as I hear about a specific individual who worked tirelessly in delivering the results, appreciated repeatedly and making our SVP/EVP successful in the eyes of our CEO. If this isn't betrayal I don't know what is..

Today, I can say that I no longer have any respect left for this person's previous supervisor.

Not everyone is excited about the deal. The Private Equity Stakeholder Project, which bills itself as a watchdog organization rooting out the impacts of private investment, said in March it was “very wary” of the deal, noting several of Sycamore’s portfolio companies have filed for bankruptcy.

The watchdog group further noted that Sycamore appears to be paying for the acquisition mostly using debt, which could leave Walgreens financially vulnerable down the line.

What a sellout, how sad.