#acquisition

The Taubman Co. is preparing to shutter its Bloomfield Hills headquarters and lay off over 100 employees in the wake of its recent acquisition by Simon Property Group, the nation's largest mall owner and operator.

https://www.freep.com/story/money/business/michigan/2025/11/19/mall-developer-taubman-office-close-105-layoffs/87354053007/

That was fast. On another note, I can’t believe we paid over $3B for that business. It’s probably worth $500mm at most.

Saying “the strategy is working” feels almost like a joke. Illumina’s board has made a string of questionable decisions — approving the Grail acquisition despite clear EU regulatory risks, then later giving in to activist pressure and spinning it off at the lowest possible value. They brought in a CEO from a company with a decade-long track record of minimal innovation and stagnant growth. Now the focus has shifted to aggressive cuts in both capex and opex, trying to make margin expansion the only story to sell in the absence of real growth. RIFs have practically become an annual event.

Given all this, calling the current strategy a success is hard to take seriously.

Is it me or does our employee base consist primarily of HR Karens with 80s haircuts and has-beens with inferiority complexes? In the last several months with 5/3rd’s acquisition of Comerica, we’ve been bumped out of the top 20. Desperation is mounting..

GF can't seem to get GaN right. They started with IMEC some years back, then bought a version from Ratheon, then the past few years have licensed or bought other flavors of GaN from TSMC and others. Why is GF wasting so much money to get a version of GaN working? Did they lose all their technology device/process talent? Something seems broken!!!

How many layoffs are coming early December … what teams are being hit hardest! Poor Meg employees are dealing with all this before Christmas

Does anyone know if Value of safe this time around? Value has been spared quite a few times since the TracFone acquisition….

Is anyone affected from Vancouver? Waterloo?

Anyone else here feeling like this ? Just tell me already if I’m jobless. I got so much debt that the severance wouldn’t be enough. I’m SCARED. If I make it this round , once frontier deal is complete that just means more layoffs. A lot of Frontier and Verizon engineers would just overlap jobs so that means MORE CUTS

It appears many people are calling attention to Broadcom’s history and its catastrophic business model, which they say relies on monopolistic tactics and has led to multiple lawsuits. Critics also highlight the destruction of American job. Thousands lost in less than five years.

https://cloudinfra.blog/the-broadcom-vmware-saga-acquisition-turbulence-talent-drain-and-the-rise-of-alternatives-in-2025/

What is happening with this layoff cycle? Very highly skilled employees were gone. It feels this has become another Vmware.

Are we getting prepared for a takeover just like how Broadcom destroyed Vmwareand laid off 19 THOUNSANDS employees?

We are getting squeezed by new small startups due to corporate failures.

https://cloudinfra.blog/transparency-lost-the-rise-of-confusing-bundles-and-hidden-costs-in-virtualization/

Are we riffing 15000 employees to pay for Frontier? Does the deal make financial sense with Verizon’s debt burden?

A subsidiary of Cigna Corp. that is in the process of being acquired by Scottsdale-based HonorHealth is laying off 143 employees in metro Phoenix.

Evernorth Care Group, the medical practice division of Cigna, confirmed the layoffs in a WARN letter sent to the state of Arizona on Nov. 11.

https://www.abc15.com/news/business/cigna-division-to-lay-off-phoenix-metro-employees-in-anticipation-of-acquisition

I started working at Fleetmatics, and after the acquisition, I continued my employment under Verizon Connect through today. I’m trying to understand how severance eligibility is calculated.

Does anyone know whether my years of service at Fleetmatics will also be counted toward my total service time for severance purposes? Thanks!

https://blogs.cisco.com/news/building-the-future-of-enterprise-ai-ciscos-intent-to-acquire-neuralfabric

OpenAI has been making it rain infrastructure deals. The AI startup just dropped another $38 billion on Amazon Web Services, adding to agreements with Oracle, Microsoft, AMD, and a plethora of other deals that total over $1 trillion this year so far. But there's one company conspicuously missing from the invite list to this very expensive party. Intel, the former belle of the Silicon Valley ball, is now watching everyone else dance.

So when OpenAI came knocking in 2017, hat in hand, asking Intel to invest in their fledgling AI startup, Intel said no thanks. Why would the king of computing need to bet on some nonprofit's sci-fi dreams?

Now, Intel is the one begging for a seat at the table while OpenAI doesn't seem to be interested.

"Why go back to a firm that has an inferior product and also snubbed you?" said Tim Derdenger, an associate professor at Carnegie Mellon's Tepper School of Business.

https://semiwiki.com/forum/threads/openai-wont-buy-intels-ai-chips-says-associate-professor.24015/

What is Xerox even doing with CareAR at this point? I thought I heard rumor of an acquisition that never happened?

SB borrowed $500 mil of the company's money to buy out Uncle Carl so that he could remain in charge to earn $14 mil per year. At least Jeff Jacobson's middle of the night play to stay in charge and have Fuji buy Xerox would have been INFINITELY better than this s#*t show. SEC has to investigate this group of "leaders".

Do you think this dumpster fire will ever get acquired by a better PBM?

Strategy since TU acquired Neustar team to replace (cut) TU workforce. You dont know where you are heading; New tune now talking AI and so on. Prangana failed , OneDev 1.0 expired, One Tru & OneDev2.0 frozen; new tune AI 1.0
Soon dump stocks and then out of office.

Synopsys to Cut 10 percent of Workforce, Close Sites in Restructuring
Source WSJ
Summary Synopsys will eliminate about 10 percent of its workforce and close some sites after its Ansys acquisition. Most reductions land in fiscal 2026 with completion expected in 2027.
URL https://www.wsj.com/business/synopsys-to-cut-10-of-workforce-close-sites-in-restructuring-b4d735f3

Silicon Valley tech giant cutting up to 2,800 jobs after 35B merger
Source SF Chronicle
Summary Synopsys plans up to 2,800 layoffs as part of a restructuring tied to its 35 billion dollar Ansys merger. The firm expects 300 million to 350 million dollars in pretax charges and aims to finish by fiscal 2027.
URL https://www.sfchronicle.com/tech/article/synopsys-layoffs-ansys-acquisition-21169869.php

Synopsys plans 10 percent job cuts after Ansys deal closure
Source Reuters
Summary Synopsys will cut about 2,000 jobs after closing its 35 billion dollar Ansys acquisition and missing revenue expectations. It expects 300 million to 350 million dollars in restructuring charges with most reductions in fiscal 2026.
URL https://www.reuters.com/business/world-at-work/synopsys-cut-about-10-its-workforce-2025-11-12/

Bay Area tech company Synopsys to lay off more than 2,000 workers
Source SFGate
Summary Synopsys will lay off over 2,000 employees during fiscal 2026 with WARN filings showing early cuts in California. The move follows the Ansys acquisition as resources shift to higher growth segments.
URL https://www.sfgate.com/tech/article/synopsys-layoff-more-2000-workers-21169492.php

Another major tech company just announced thousands of layoffs
Source Gizmodo
Summary Synopsys is preparing about 2,000 layoffs tied to its Ansys acquisition and broader restructuring. Most cuts will occur in fiscal 2026 with completion targeted for 2027.
URL https://gizmodo.com/another-major-tech-company-just-announced-thousands-of-layoffs-2000685222

Synopsys to cut about 10 percent of workforce in major restructuring
Source Yahoo Finance
Summary Synopsys will remove about 2,000 jobs after its 35 billion dollar Ansys deal and a recent revenue miss. The firm expects 300 million to 350 million dollars in pretax charges largely related to severance and site closures.
URL https://finance.yahoo.com/news/synopsys-cut-10-workforce-major-143726076.html

Synopsys to cut 2,000 jobs after 35B Ansys deal
Source Benzinga
Summary Synopsys will cut roughly 2,000 positions to redirect resources toward faster growing areas after the Ansys deal. The move follows several disappointing quarters and will carry significant restructuring costs.
URL https://www.benzinga.com/markets/tech/25/11/48810282/synopsys-to-cut-2000-jobs-after-35-billion-ansys-deal-shifts-focus-to-faster-growing-businesses

2,800 employees face layoffs as tech giant cuts 10 percent of workforce
Source MassLive
Summary Synopsys will eliminate about 2,800 jobs after integrating Ansys in a 35 billion dollar merger. Layoffs will occur mainly in fiscal 2026 with some already underway in California.
URL https://www.masslive.com/news/2025/11/2800-employees-face-layoffs-as-tech-giant-cuts-10-of-workforce-after-35b-merger.html

Synopsys to eliminate 10 percent of staff following Ansys integration
Source Computerworld
Summary Synopsys will cut up to 2,800 positions as it unifies chip design and simulation capabilities post Ansys acquisition. Analysts describe the move as strategic to accelerate synergy capture and strengthen competitiveness.
URL https://www.computerworld.com/article/4089177/synopsys-to-eliminate-10-of-staff-following-ansys-integration.html

Synopsys to lay off 10 percent of workforce
Source Businessworld
Summary Synopsys will remove about 2,000 jobs to streamline operations and refocus investments following the Ansys acquisition. It expects 300 million to 350 million dollars in restructuring costs through fiscal 2027.
URL https://www.businessworld.in/article/synopsys-to-lay-off-10-of-workforce-579532

Apache may get 19 billion dollars of assets for a mere handshake 🤝 they only have $350mm cash…and stock is a dumpster fire. How will this affect employees and jobs?

Let’s convince MW to intervene

Any insight from the water cooler?

Will this breath life into APA?

Centene's FL Medicaid contract taken up by Molina.

http://techrights.org/n/2025/11/13/Under_IBM_Red_Hat_Isn_t_a_Linux_Company_It_s_Sold_to_Clients_as.shtml

Heads up.

https://www.businessinsider.com/amazon-whole-foods-absorb-workforce-project-cremini-2025-11

No longer whole foods employees. Amazon employees. I wonder what positions are getting cut next year

Ansys was a great company to work for. I didn't get that same impression from Synopsys, but I guess that comes with working for a much larger company.

It was a good 5 years.

Is this attainable given top line decline rates are 9%

MW is promising something like 12% production increases per year to account for production declines and well failures.

Is this doable or will more companies need to be purchased?
Possibly a Permian Pure Play, and a multinational large independent

Union locals declared surplus, and offering EISP through Nov 25 2025

ZERO non-union layoffs have occurred but are anticipated Nov 20 2025

Frontier acquisition anticipated 1Q26

GNT re-org

What else ? And / Or make corrections here.

Did anyone else receive a “Continuation Coverage Rights Under COBRA” letter from Synopsys today? It specifies that it’s not a notice of termination, but the timing feels off. It may be related to the acquisition, though given that one of the usual COBRA triggers is loss of employment, the timing could have been handled better.

Is not because of poor net adds or gained AI efficiencies but to finance the Frontier acquisition. Maybe if Lowell hadn’t squandered 10 billion on AOL and Yahoo we would all be enjoying this holiday season. Poor decisions by leadership with regards to spectrum purchases and failed mergers is why many of us will see our lives disrupted.

Why are partners like Victra hiring a bunch of former Verizon people?

Are they getting ready to take over more than just retail stores?

Will they also be opening their own contact centers to manage the customers they activate and support?

All interesting potential moves that show you the possible work being done and fast.

I saw this today via a Google alert.

"Market attention recently turned to ongoing reports about DXC exploring strategic alternatives. Some analysts have noted renewed takeover interest from private equity groups, which likely stirred price volatility and new speculation about its true value."

https://finance.yahoo.com/news/investors-reassess-dxc-technology-takeover-050450354.html

Congo Brands, the parent company of Prime Hydration (co-founded by Logan Paul) and Alani Nu, is laying off 155 employees in North Texas by the end of 2025. The job cuts follow a $1.65 billion acquisition of Alani Nu by Celsius Holdings, finalized in April 2025.

Most of the affected workers are remote or field-based employees in Texas, including over 40 regional sales representatives and 26 account or marketing sales staff. The layoffs begin December 31 and come with no union representation or transfer (“bumping”) rights.

Alani Nu, known for its influencer marketing and fitness-focused energy drinks, has grown rapidly but now faces restructuring amid industry consolidation. The layoffs reflect broader corporate downsizing trends across the U.S. beverage sector in 2025, particularly in sales and marketing roles.

Hopefully SF is considering de-mutualizing in efforts to remain a force in the industry. Not to mention an IPO and/or being purchased by another stock company could be both beneficial for current and future employees… as well as attracting and retaining top talent.

With Sunoco acquiring Parkland, layoffs started Monday. Some employees laid off immediately, some of with working notice. Minimal severance apparently, the bare minimum.

Is Alvind purposely trying to pork up the balance sheet so much , he wants more obligations ?

I was told the company needs to be leaner and they need to bring down costs but what the he11 are these acquisitions for ?

Just good press? Bragging rights ?

Make it make sense

A very simple question now all you Lexmark folk are part of Xerox - a warm welcome, or a shock awakening ?