#acquisition

The software company Qualtrics has initiated layoffs as part of a broader restructuring effort. This move is intended to facilitate a smoother integration following its recent acquisition. The company stated that the workforce reductions are a necessary step in this process. Specific details regarding the number of affected employees were not immediately available. This restructuring impacts operations globally.

Provo, Utah

https://www.sltrib.com/news/2026/08/22/qualtrics-layoffs-employees-utah

So what does everyone think? I guess we know why Ramon always seemed to be in DC. I wonder if layoffs/offshoring will start for those folks once "synergies" are determined. Overlaps in back-office, compliance, or distribution could eventually lead to some efficiencies once integrated. More roles of Accenture. It didn't seem to move the needle on the stock price.

What does this really mean?

When does Fawley go and who is buying?

Qualtrics has initiated job cuts across its global operations following its recent acquisition of Press Ganey Forsta. The company cited duplication of roles between the two independently built organizations as the reason for the reductions. These layoffs are impacting employees at its dual headquarters in Seattle and Provo, Utah, as well as international offices. While the exact number of affected employees has not been disclosed, a WARN notice indicates at least 50 jobs were cut at the Seattle headquarters. CEO Jason Maynard stated these decisions were necessary to function as a single, unified team.

Seattle, Washington

https://www.geekwire.com/2026/qualtrics-cuts-jobs-in-seattle-utah-and-overseas-as-it-absorbs-6-75b-acquisition/

That’s from yesterday. What to make of that?

What's next on the block?

Wall St insiders say Sycamore is shopping Staples. Syc sees end game for value by ‘28. Anyone else hearing anything?

GCC syphoning $$$$ at light speed, triggering Syc bailing.

Verizon secured a minority equity stake in prepaid carrier MobileX by converting an existing loan into equity. This transaction coincides with a broader $200 million deal where EchoStar chairman Charlie Ergen's special-purpose acquisition company, CONX, is acquiring a controlling stake in MobileX

https://www.phonearena.com/news/mvno-mobilex-sold-to-charles-ergens-spac-conx_id182632

So who are we not buying or partnering with?

I’m trying to figure out what the long-term plan is for the French site post-acquisition, because the messaging we're getting locally is incredibly concerning and honestly makes zero sense.
I’m in a very profitable BU. We have the budget and desperately need the headcount, so we went to put in a job requisition. I was flat-out told that the company has decided not to make any future hires in France from now onward. Period.

This is right on the heels of the recent layoffs where we lost over 60 people on the Ansys France side (around 10% of the local workforce). The layoffs were executed pretty smoothly here, so a sudden, permanent-sounding hiring freeze immediately after feels totally out of left field.

What really baffles me is the geography of it all. France has historically been Ansys’s third largest presence globally, right behind the US and India. We used to easily have 10 to 30 open positions at any given time. We’ve always hired heavily here because we have massive customers right in our backyard and the engineering talent for Ansys products is top-tier.

Yet, from what I can tell, this strict "no more hiring" rule isn't being pushed on most other geographies.

If we are profitable and have the talent, why the hard stop just on France? It creates so much uncertainty about the future of the site. It feels like they are just going to let attrition bleed us dry. Has anyone else heard this directive from leadership? Are they quietly planning to phase out French operations entirely?

Circle City Broadcasting, the new owner of WRTV-TV Channel 6, terminated over 50 employees shortly after completing its acquisition. Fewer than five WRTV staff members were offered positions with the new ownership. The company plans to move WRTV's operations to the WISH and WNDY building. New ownership pledges to increase local news programming on WRTV. This marks the second significant layoff event for Circle City Broadcasting properties.

Indianapolis, Indiana

https://dailyjournal.net/2026/04/02/layoffs-at-wrtv-exceed-50-staff-members-as-new-owner-pledges-more-news/

More never ending layoffs....?
More off-shoring, Philippine employees are paid like $3,200 a YEAR if that... Yes.
More strategy shifts...? One Insight? What's next? Two Insights? Three Insights? Four??
Sales comp changes <--- For sure like once a quarter
More Cisco Sales Rep Hires <== You bet ya - Buffy Duffy needs more buddies to watch his back, even announced in earnings after call - so much investment in front line sales
Whacking in the acquisitions <-- have yet to deliver the goods
A few disappearing acts from people around you unannounced - vanished!

What say you?
Thoughts?

E.W. Scripps Co. is implementing a national restructuring that includes layoffs affecting approximately 15 employees at its Colorado Springs television stations, KKTV and KOAA. This consolidation follows Scripps' acquisition of KKTV earlier this year, creating a duopoly in the market. The company aims to preserve local journalism by integrating the newsrooms and launching a new AI-enabled streaming platform. While some employees have expressed devastation, the company states the goal is to enhance public service and focus on original reporting. The long-term impact of this consolidation on local news coverage remains to be seen.

Colorado Springs, Colorado

https://gazette.com/2026/08/17/15-laid-off-at-kktv-koaa-part-of-national-consolidation-by-e-w-scripps-co/

Sanofi is laying off 229 employees from its acquired company, Blueprint Medicines. This workforce reduction is part of the integration process following Sanofi's $9.1 billion buyout of Blueprint. The company is also consolidating its office space in Cambridge, Massachusetts. Remaining Blueprint employees will move to Sanofi's Cambridge Crossing campus. These organizational changes aim to align the structure with long-term business priorities.

Cambridge, Massachusetts

https://www.fiercepharma.com/pharma/sanofi-lay-229-blueprint-medicines-staff-close-cambridge-offices-following-acquisition

The rumors are legit. Talks ongoing for Uniti to acquire Fidium.

An indoor farming company has announced it will close its South Side facility and lay off 166 employees. The company's planned acquisition fell through unexpectedly, leading to the decision to cease operations. This closure impacts a significant number of workers, including produce packers and machine operators. The facility had been operational since 2024, utilizing advanced technology for water conservation. The company is now winding down its operations nationwide.

San Antonio, Texas

https://sanantonioreport.org/brooks-80-acres-indoor-farm-layoff-166-workers-texas/

Frasers Group has officially acquired luxury retailer Harvey Nichols. This strategic move is part of Frasers' plan to strengthen its luxury segment. The acquisition is anticipated to lead to significant changes within Harvey Nichols. Reports indicate that job cuts and store closures are likely to follow. This development marks a major shift for the iconic British department store.

London, United Kingdom

https://www.retaildetail.eu/news/fashion/struggling-harvey-nichols-acquired-by-frasers-layoffs-and-closures-on-the-horizon/

Time to look for a new job!

Looks like it could fail after all. I'll do a happy dance if it happens.

• Talks are ongoing and no deal is guaranteed, people familiar say
• Workday had about $43 billion market value before Reuters report sent shares up nearly 18%
• Silver ​Lake could bring in additional investors to finance deal, one person says

https://www.reuters.com/world/silver-lake-talks-buy-workday-sources-say-2026-08-13/

Paramount Skydance clears global regulatory hurdles for Warner Bros. Discovery acquisition, with approvals in nearly 70 countries

https://www.broadbandtvnews.com/2026/08/15/paramount-skydance-clears-global-regulatory-hurdles-for-warner-bros-discovery-acquisition-with-approvals-in-nearly-70-countries/

Nike and Silver Lake in Palo Alto. New CFO in tow.

SVL just put together a very big one, Nike is next.

JPM was the plunger, but it did not take, it was not incorrect, but the stock held.
28% held by insiders.
7 Billion in cash on hand.
And Capital Markets people still think it is THE BRAND, and that own goals, Macro, and Tarif's can soon turn over.

Cineverse has implemented workforce reductions as part of its fiscal first-quarter earnings report. The company stated this "reduction in force" will lead to significant annual cost savings. Executives did not disclose the exact number of employees affected by these layoffs. This move is part of a broader strategy to achieve substantial cost reductions and synergies. The company's revenue nearly tripled in the quarter, driven by recent acquisitions.

New York, NY

https://deadline.com/2026/08/cineverse-layoffs-streaming-specialty-film-distribution-1237039800/

The company’s recent surge in share price has been driven primarily by the latest rumor that it is slated for acquisition—truly ironic.

Rumor has it another acquisition is on the way.

https://www.reuters.com/business/jana-partners-cuts-stake-fiserv-filing-shows-2026-08-14/

https://www.reuters.com/business/jana-partners-cuts-stake-fiserv-filing-shows-2026-08-14/

when do we start the merger with Comcast? before the administration changes I'm sure? are they just going to create a small new company like Altice/Optimum did to place all of their debt in and let that portion go bankrupt?

Is Gainwell planning to split HMS back into a separate entity, and perhaps sell some or all of it? Service Now changes are being presented as "improving routing" but look more and more like "cut on dotted line".

lack of standalone refiners

MW Components is closing its Houston plant, resulting in 53 job losses. This action follows the company's recent acquisition. The manufacturer has notified the Texas Workforce Commission of the layoffs. The closure impacts a significant portion of the plant's workforce. This development marks a swift change for the newly acquired entity.

Houston, Texas

https://www.bizjournals.com/houston/news/2026/06/11/mw-components-plant-closure-layoffs.html

The acquired company doesn't care about the employees or the customer, so why are you still there. The only Citrix thing about Citrix now is the name. It is nowhere near the great company it was while it was Mark Templeton was there. Ever since the acquisition, it has not only gone down in value, but also in the human culture it had.

Resign. Spend time with your friends and family. Travel. Be a good person to yourself. They will never treat you like anything other than the number. The layoff after the acquisition was the best thing that ever happened to me. Live long and happy, my friend. I don't always drink beer, but when I do, it is the flavor-of-like I drink.

This garbage company and its garbage M&A under existing leadership have destroyed it. If this company... and its incompetent corporate development team under even more incompetent leadership and a clueless board... could evaluate opportunities half as well as its peers, maybe it wouldn’t be in this situation. Instead, they have a bunch of unqualified people running business development under GM and Skippy, who themselves apparently can’t add, subtract, multiply, or divide.

Live Nation and Veeps have laid off nearly all employees at several influential music publications. These publications, including BrooklynVegan, Alternative Press, Revolver, and Goldmine, were vital to underground music culture. Experts note that corporate acquisitions often lead to such outcomes for independent media. The loss is seen as a significant blow to alternative and punk music scenes. This move comes despite Live Nation's recent strong financial performance.

Toronto, Ontario

https://nowtoronto.com/culture/live-nation-music-publication-layoffs-toronto-writers/

Bitwise Asset Management has reduced its global workforce by 14%, impacting approximately 155 employees. CEO Hunter Horsley stated this adjustment positions the company for continued growth despite the current market conditions. The firm's net assets have seen a significant decrease in the first seven months of 2026. Despite these layoffs, Bitwise has pursued strategic acquisitions, including Chorus One. This move aligns with a broader trend of layoffs across the crypto industry as companies adapt to market pressures.

https://www.theblock.co/news/business/2026-08-12-bitwise-layoffs-411522

Unfortunately, I did not choose to work at Siemens- Siemens acquired the company I worked for. Since the acquisition, I’ve found the overall environment incredibly difficult. There is very little genuine collaboration, and many interactions feel unnecessarily abrasive or outright rude. The overall energy often feels adversarial rather than like people are working toward the same goals.
The organizational silos seem to reinforce a culture of protecting individual realms instead of collaborating across teams.
This has been the most frustrating company environment I’ve experienced, and I've worked at multiple big tech companies. It is not an organization I would personally consider a 'best place to work'.

Fifth Third Bank is implementing further workforce reductions in the Detroit area following its acquisition of Comerica Bank. The bank recently informed the state of its intention to eliminate 234 positions at the former Comerica Operations Center in Auburn Hills. These latest layoffs are scheduled to take effect by September 11. This brings the total number of job cuts related to the merger to over 700 in Michigan. The specific reasons for these additional job cuts were not disclosed.

Detroit, Michigan

https://www.freep.com/story/money/business/2026/07/22/more-layoffs-michigan-53-comerica-merger/91013014007/

so no money for hours or repairs, equipment for belk stores? but sure do have enough to buy 2 more company's? are you serious. clearly the pi-s poor belk owners don't care about belk and are running it into the ground.. sad. yall have fun . I'm out! good luck!

I heard a rumor that Televox/Mosaicx was finally sold.