#ceo

Pretty clear Bill only cares about share price.

He gets a question about ICE and he just waffles and rambles about how we need to be calm.

He gets a question about culture and he barfs out a word salad about safety.

Let's see how this plays out.

Mary is making things happen over at GM, actually announcing subscription REVENUE numbers. $2 BILLION current, $$5 BILLION future commitments.

From Business Insider:

Mary Barra, GM's CEO, boasted major gains in the company’s subscription base.

General Motors said its in-vehicle tech services generated nearly $2 billion last year.
GM sells three main subscription products: safety features, in-car internet access, and hands-free driver assistance.

GM told Business Insider it plans to add features through updates over time, reducing the need for new car parts.

General Motors has been pulling a Tim Cook and boosting its software and subscription business.

During the automaker's Tuesday earnings call, CEO Mary Barra highlighted the rapid growth of GM's in-vehicle software and subscription business.

In the past nine months, GM's software generated $2 billion, and customers have already signed up for about $5 billion in future subscriptions.

The company said it now has 11 million subscribers for its OnStar safety system, up 34% from a year earlier. Another half a million customers are also paying for Super Cruise, its hands-free driver-assistance system.

Now, that's still just a fraction of its total revenue, which was $45.29 billion in the last quarter alone. But the margins on those services are also higher than on cars sales.

GM says its software business keeps roughly 70 cents of every dollar it brings in. That's a rare level of profitability in the auto industry, as many car sales generate just four to 10 cents per sales dollar.

"We are also executing plans to grow software and services like OnStar and Super Cruise to generate even greater revenue during and after each vehicle sale," Barra said on the call. "We think there's a growth opportunity there with very attractive margins."

"Software and services are becoming increasingly important to how customers experience GM vehicles and how we deliver value beyond the initial purchase," a spokesperson told Business Insider.

The company also said it will keep adding features and services to vehicles over time, rather than relying on hardware upgrades.

"As vehicles become more software-defined, we can introduce new digital experiences through updates and optional services rather than hardware changes," the spokesperson added.

The subscriptions push comes as automakers look for new ways to make money after cars leave the dealership lot — especially as Detroit automakers roll out new electric vehicles.

Up 5%. Not today haters!

Headline: Qualcomm CEO pockets 15% pay rise as profits fall 45%
How else can CA afford to give himself a pay raise?
https://www.theregister.com/2026/01/23/qualcomm_ceo_pay/

New CEO sold aerospace to raise stock price. CEO then must not have been able to forecast revenue growth after and decided to cost cut in hopes to retain momentum on stock.

Hope CEO reassures them not to fear about their jobs and give them the holidays back. Take care of people and they will take care of business. Say nice motivating words, it will energize them. Please, I beg.

James McGourlay is no longer in my org charts. Have we a new CEO finally?

On a Sunday and of course no mention of safety measures and work from home for Minneapolis employees due to unrest. Typical clown CEO. Donate while I cut your jobs. Can she get any worse?

You're not powerless. You can certainly fight back.

The whole point of the layoffs are to keep the already struggling Cigna stock value up. The goal of this is to please investors and because the CEO, David Cordani, is payed mostly in stocks (no really, look it up on the SEC website).

If you are an employee you might have a 401k. A 401k is a collection of stocks used for retirement. Your 401k likely has at least one fund invested mostly in Cigna stock. When you are layed off, or maybe even before, transfer those Cigna funds to something else/better. Your retirement account will be better invested and you have undone any stock benefit of them laying you off.

Investor-backed Mycrogrid is acquiring Renova Energy. Layoff notices were issued to 20 to 30 employees. The company had furloughed over 300 staff members in 2024. Vincent Battaglia, Renova Energy's CEO, also leads Mycrogrid. Mycrogrid anticipates reopening in April with new positions.

https://kesq.com/news/2026/01/23/exclusive-renova-energy-announces-acquisition-by-investor-mycrogrid/

This is the thing we're not talking about enough. https://www.startribune.com/us-bancorps-ceo-pay-increased-14percent-in-2024/601233686

U.S. Bancorp’s CEO pay increased 14% in 2024
Andrew Cecere realized $15.9 million in total compensation for 2024

• Amazon plans a second round of corporate job cuts next week, aiming to eliminate about 30,000 white-collar roles in total, according to sources cited by Reuters.
• Roughly 14,000 corporate jobs were already cut in October, and the upcoming round is expected to be of a similar size, potentially starting as early as Tuesday.
• The layoffs are expected to hit AWS, retail, Prime Video, and human resources (People Experience and Technology), though details could still change.
• CEO Andy Jassy said the cuts are driven mainly by company culture and excess bureaucracy, not by short-term finances or AI replacing workers.
• Earlier, Amazon had linked job reductions to AI-driven efficiencies, and Jassy has said the corporate workforce will continue shrinking as AI boosts productivity.
• The full 30,000 cuts would equal nearly 10% of Amazon’s corporate workforce, though only a small fraction of its 1.58 million total employees, most of whom work in warehouses.
• If completed, this would be Amazon’s largest layoff ever, surpassing the roughly 27,000 jobs cut in 2022, with affected employees previously kept on payroll for 90 days to seek internal or external roles.

https://www.reuters.com/business/world-at-work/amazon-plans-thousands-more-corporate-job-cuts-next-week-sources-say-2026-01-22/

CSX Q4 Profit Down on Weak Demand, Severance

CSX reported a 2% profit slip in the fourth quarter. This decline was attributed to weak demand. Severance costs from recent layoffs also impacted results. The railroad earned $720 million, or 39 cents per share. CEO Steve Angel expects only modest economic growth for the coming year.

https://www.abc4.com/news/business/ap-business/ap-csx-railroad-profit-slips-2-as-shipping-demand-remained-weak-and-severance-costs-hurt-results/amp/

Lcation: Jacksonville, Florida

Citigroup Plans March Layoffs for Senior Staff

https://www.benzinga.com/markets/large-cap/26/01/50108593/citigroup-plans-fresh-march-layoffs-targeting-senior-roles

Citigroup is preparing for another round of employee layoffs expected in March. These reductions will primarily affect managing directors and other senior employees. This is part of a larger plan to eliminate 20,000 roles by the end of 2026. CEO Jane Fraser noted automation and AI will reshape the bank's workforce. The company aims to simplify operations and boost productivity.

Many on this blog are going to dislike this post. But VK is absolutely crushing it at Davos this year. The stock is rallying and the strategic decisions he is leading are poising us for a step change in growth. Bravo this is fantastic to watch on CNBC.

##Proud Honeyweller ##

Exceptional leadership in a time of great uncertainty. You haven’t wavered on the core principles that Centene emphasizes. I, for one, appreciate that. Too many haters on here. I am glad we have you and wouldn’t want to work under anyone else. The stock returns over the last 6 months aren’t bad either!

There was a CEO named Whelan
Who set up his company for failing
They missed all their targets
We're punished by markets
Was surprised when Woods started wailing

It also appears that more layoffs may be in Ubisoft's future too. We already knew that their Halifax studio is being shuttered, but according to VGC, the company is also considering the sale of other assets. On top of this, CFO Frederick Duguet said, "There are some people who will be refocused on other big projects, and some may leave the company." An exact figure wasn't specified in terms of staff members being moved or laid off.

https://www.rockpapershotgun.com/prince-of-persia-the-sands-of-time-remake-and-more-cancelled-by-ubisoft-with-layoffs-potentially-on-the-horizon

With Mike Wirth having sold off around $80,000,000.00 (public information/verifiable online) of Chevron Stock within the last three months...how many of us believe it is a smart move to wait for the next axe to fall? When our own CEO has lost faith in this company it's clearly time to start looking to get out before there's a logjam at the gates.

Ebrahim Poonawala (Bank of America) asked about the sustainability of revenue growth and margin targets if the environment worsens; CEO Robin Vince highlighted BNY’s agility and ability to adjust expenses, emphasizing their diversified revenue engine and reduced macro sensitivity.

He is showing his inexperience as a rookie CEO. If he thinks that he can grow this company by doing the large layoff he did today, he is just a fool.

https://finance.yahoo.com/news/bank-america-ceo-confirms-gen-133000077.html

I read an article about a company that recently replaced its CEO. The new CEO was asked how he planned to gain the trust of employees. I laughed, thinking about how Scharf had the same opportunity to improve the lives of 260,000 people and chose betrayal instead.

Hearing there are org change meetings today. Surprised that no org changes have been announced when new CEO “officially” starts on Feb 1. Walmart is running laps around Target and they just announced a huge c-suite change last week. Target has a lot of work to do and they’re taking zero aggressive action to drive meaningful change to compete.

I think I should say this. I had heard good things about PNC and had found a couple positions I wanted to apply for in Technology, but after hearing the CEO‘s decision on a 5 day work week, and how the morale has completely changed, there is no way that I want to work for PNC. I truly believe I’d be miserable every day. I will take my talent and expertise where employees are cared about and respected.

Do y’all realize how many announcements Apple, Google, and gang have made about new campuses then the start date for construction gets pushed for this or that reason? Do you know how many permits it takes to knock down huge existing office buildings and the time it will take to pull up massive parking lots and roadways? Just thinking about the number of dump truck runs needed is mind boggling.

This is just big talk to make the news and try to garnish a stock price “buy” recommendation. A new CEO will be named in the next few years and will squash this whole idea, lease a few buildings and call it a day!

BD has turned into a circus of nincompoops , seemingly united by one goal: destroying what used to be a great company. It started at the top with the CEO, followed by a chain of DEI hires, each worse than the last, culminating in the collapse of TGS. The irony is that the CTO/CIO doesn’t even realize that he/she’s being manipulated by her VPs.

Maybe for the cost savings we get a new CEO that is at the Engine? Would save over 30 million a year. Or let AI do the ELT job, cant be any worse that what we have now. We are wasting millions on our ELT now!

D-mb d-mb is supposed to announce the direction he’s taking the company as the new CEO on Capital Markets Day, 2/11/26. This day also aligns to Q4 results announcements.

BELLEVUE, Wash.--(BUSINESS WIRE)--T-Mobile US, Inc. (NASDAQ: TMUS) looks forward to discussing fourth quarter and full year 2025 financial and operational results on Wednesday, February 11, 2026. The updated reporting date allows for an expanded and live format meeting with analysts and investors in New York City where Srini Gopalan, president & chief executive officer of T-Mobile US, Inc., and members of the T-Mobile leadership team will not only discuss fourth quarter and full year 2025 results but also provide an update to financial targets for 2026 and 2027.

Grab your life vest, and jump ship. You heard it straight from the CEO.

https://www.axios.com/2026/01/14/ai-jobs-productivity-workslop

"The big picture: CEOs and employers are super eager to reap the productivity benefits of AI — particularly so they can bring down labor costs.

But for now, AI is mainly being used as an excuse to conduct layoffs that are due to other factors, says Rob Hornby, co-CEO of consultancy AlixPartners.
In a survey from his firm, also out Wednesday, 95% of CEOs said they expected to conduct layoffs in the next five years because of AI. That's likely more hope than reality. CEOs aren't yet seeing productivity gains from AI, he says."

Sounds like LHX. He's probably referring to LHX Next!!

John Legere: Decked out in various magenta-dominant clothes.
Mike Sievert: Wore magenta-dominant clothes on occasions.
Srini Gopalan: Would not be caught dead wearing magenta at all. Only if it is the company logo will you find it on him. Wears predominantly black.

Very telling of where the company is at now.

There once was a CEO named John,
A puppet whose strings were well-drawn.
With ninety-six thousand RSUs in his clutch,
He weaseled and bowed to Exxon’s soft touch,
A puppet rewarded for deeds that were done.

https://www.sec.gov/Archives/edgar/data/49938/000004993825000073/imo-20250213.htm

https://www.politico.com/news/2026/01/11/trump-inclined-to-keep-exxonmobil-out-of-venezuela-after-ceo-response-at-white-house-meeting-00721688

They have no authority to do anything. Many came up from craft years ago. But things have changed. There’s a lot of room to cut payroll. The irony is that the azz hole that created the problem is now the CEO. When is John Stankey going to be held accountable for his incompetence?

William H. Rogers Jr.: Chairman and Chief Executive Officer.
Jennifer S. Banner: Executive Director, University of Tennessee Haslam College of Business.
K. David Boyer Jr.: CEO, GlobalWatch Technologies Inc..
Dallas S. Clement: President & CFO, Cox Enterprises.
Linnie M. Haynesworth: Retired Sector VP, Northrop Grumman Corporation.
Donna S. Morea: CEO, Adesso Group, LLC.
Charles A. Patton: Manager, Patton Holdings, LLC.
Jonathan Pruzan: Co-President, Pretium Partners (joined May 2025).
Agnes Bundy Scanlan: President, The Cambridge Group LLC.

Any further updates on CEO or CFO looking at the pension and removing it or changing the program?