#change

GC isn't workinmg out!

Meg joined BP with a lot of fanfare from media and industry group. The employees appear to admire and hope that she is a change agent who will bring about stability, profitability and a sense of purpose to a fragmented and often troubled company.

Will Meg deliver the goods? The company appears to have the same initiatives as MA did and she stood up the same BL and MA actors..”leaders” when will surgical cuts start appearing when will teams be right sized?

MaryAnne Morin out? DH announced new CMO effective 7/14……..whose next?

This is from 1999 when we saw share prices drop by 24 percent just wondered if they dusted this off from an old set of meeting minutes..it feel awful familiar.

"In April, Thoman unveiled a plan to remake Xerox’s image as a technology company instead of a copier maker. The shift, which involves realigning the sales force, is designed to let Xerox sell customized packages of consulting services, software and machines that the company says will generate half its revenue in the next decade."

The Simplicity plans and no free phone promos. Easier way to transition corporate locations into resellers. The staff will already be trained.

When will ELT and Sr Leaders slow down the type and quantity of change they are shoving down our throats?! I understand that change is required in any organization, but for fcks sake give us a change to digest these changes and understand them before you dump more on us!

Change fatigue is real, and is the main reason I want to leave but probably won't because of the amount of $$ I have wrapped up in my LP. Plus, I don't want the tax hit from having to sell it if I leave and work for a competing firm.

But seriously... just fckng leave us alone for a hot minute.

Today they’re announcing some regional merging

What happened to sales? Not a single person could speak without reading a script. Can any of them be authentic like SV? Just speak naturally instead of something you clearly know nothing about.

One of the regional heads in the USA spoke for 10mins about a deal when she seemed to have NO understanding of either the deal or the client. It was brutal. And the head of DSS for gods sake just kept going nonstop.

It was refreshing to see the head of client solutions speak from the heart and provide real facts instead of reading from script.

Please Change this org. They cut engineering but not this? Shame!

Well, with all the changes coming to the promotions and plans, I really hope the things turn around.

I think the changes are remarkable and will bring the real value.

But.....

The team that is handling the front end websites and links, you guys are sc--wing over verizon.

The link shared by Dan on LinkedIn currently routes to a 404 error page.

Furthermore, the website navigation is highly confusing; broken links are common, and refreshing pages inconsistently switches pricing between $30/line and $45/line. Finally, several phone selection options appear interactive but are entirely unclickable.

On a day when the Nasdaq was up 3%, OTEX was down. That’s a major warning sign that institutional ownership and interest is poor. A rising tide should float all ships. The market isn’t buying the OT story. The upticks since earnings have dissipated. The upticks from stock buybacks have disappeared.

No sales of the non-core business units = no ability to pay down the debt. Best of luck to all my friends still hanging on (most of my colleagues of 15+ years are gone). There has to be some major changes or the long term outlook is a continued slow sinking of the SS Barrenechea.

A change in leadership changes nothing for us. Rotten culture and corporate greed are the real problem.

I can't take the constant stress of worrying about layoffs anymore. I even convinced myself, foolishly, that working hard might help me keep my job. It's strange how our minds turn against us when we're backed into a corner. A change of scenery, even a forced, prolonged holiday, would help me break free from that trap.

We are not mad at you. You stepped into this circus unknowingly.....best of luck

We wanted change, we got change. Let's wait for at least a few months or even weeks before we form our opinions on whether the new CEO will be good or bad for us. Or is that too much to ask for?

That is it. That's the post.

Mattel watching the MOTU train sunset Not advertising MOTU and racing an Amazon truck through a scene didn’t help anyone, including Bezos. Only difference is, Bezos still has money. Move most of your doll line to collector only. There she can flourish as she’s meant to. Open shelf space for a new way to play. It’s not just about toys anymore. Children have evolved. Toy companies need to evolve with them. The madness of creating the same pink junk over and over expecting a new outcome is just that. Madness.

https://www.bloomberg.com/news/articles/2026-06-10/xbox-plans-significant-layoffs-as-it-transforms-under-new-ceo-asha-sharma

If you're smart enough to read between the lines,

More people are going to be cut next quarter where people remaining have to adjust to the new normal

Why tf they can't just tell us directly??

Meg just announced the structure of the new Organisation

“From )1 July, we will move to an Upstream and Downstream operating model, replacing our current structure of Production & Operations (P&O), Gas & Low Carbon Energy (G&LCE), and Customer & Products (C&P).”

Now - here is where the jokers lay:

GB is now “EVP, Upstream”
RH is “interim” EVP, Downstream

These are the only two gents listed so far…

Any news on the hybrid policy and potential changes to it? I’ve heard rumors, but they swirl all the time. I feel like it was this time last year they made some significant changes.

With costs continuing to rise, all associates who weren’t lucky enough to be allowed to continue to work from home for one reason or another (seems like the rules change depending on who you are) are suffering.

As an associate who was hired to work from home, I am trying to wrap my mind around what the company is trying to accomplish. I do not see a whole lot of collaborating going on in the office - in fact most associates are sitting in cubicles on top of each other, all on different calls.

Be prepared - the customer doesn't care about you or your family.

Was wondering is target changing there attendance policy system

LL5's and LL6's are going to be pushed out for L1A's. It has been happening already slowly.

It's harder to stay focused because nobody seems sure what the plan is anymore. We're still doing the work, but we're being kept in the dark on so many things. I'm getting really, really tired of it.

Yet another MC or a replacement? Cavicchia is the current CTO, but notification just went out for this new guy (same title). What's going on?

Pace Gallery recently cut 50 artists and laid off 50 staff members. This represents a 30% reduction in artists and 20% in employees. CEO Marc Glimcher described the move as a "model correction." He stated the current gallery model is "unfixable" and needs change. The gallery will now focus on representing approximately 80 artists.

New York, New York

https://hyperallergic.com/pace-cuts-50-workers-and-50-artists-citing-a-broken-gallery-model/

Big changes in merrill banking. Word on the street is no more banking quotas monthly for 2026. The new scorecard is radically different suggesting concern over the pressure to open more and more and more accounts. Now the bankers are judged solely on risk and accuracy.
Looks like some freedom fighter took the charge to the Bull, and a RIGHT hook from the disgruntled base connected

I've heard through the grapevine that there are upcoming changes to severance and it's not good. Nobody I've talked to has any more details than that. Has anyone heard anything?

Allow employees to retire earlier penalty free. No exit package necessary.

Here are some new words for our friends at Corporate CommsGPT:

• Macroeconomic atmospheric turbulence
• Strategic velocity dampening
• Opportunity realization drag coefficients
• Enterprise momentum asymmetry
• Dynamic value-capture friction
• Market digestion oscillations
• Revenue-adjacent gravitational forces
• Go-to-market viscosity

Feel free to add your own.

Embrace the change, sit tight, navigate it with optimism.

How tf am I supposed be do that when I do not know if I will have a job in coming weeks, months??

Hi, does anyone have any insight on Warsaw locations and potential changes coming?

Has anyone been told they are getting a new title even if they haven't applied for anything or requested a change?

I joined this company as a young blood years ago. Worked hard, built successful products aimed to grow and still doing the best I can. However I got busy with life, siloed to a Specific area where I am unable to land another job even after 3 years of search.

Now in my mid life, I am facing relocation to Dallas, which my mind is constantly rejecting. The move would be a very big change for our family with some positives and negatives of spousal job loss and transition for children. I am not sure if anybody faced this scenario but if you did, how did you convince yourself to move and restart life? I am feeling lost with no home settlement and don’t know what to do except to comply.

I just thought it funny that TheLayoff's blurb on VZ hasn't been updated in 13yrs, and boy have the numbers changed since then.

I have been asked as a care coordinator to switch work flows this month (June) and work new areas that I have never worked before. Everything came out of the blue a few days ago and other care managers from different department are now working the area that I worked and grown accustom to. Does anyone know what is going on?

Effective 1/1/2026, the management Concession Telephone Service will be frozen and only retirees currently participating will be allowed to receive concessions. In addition, HealthSmart Benefit Solutions will no longer administer the Concession Telephone Service (CTS) benefit for Verizon.
Your telephone concession payment will be administered through the Verizon Benefits Center (VBC) and any eligible reimbursement will be issued by The Principal Financial Group (Principal). To verify your eligibility, contact the VBC at 1-855-489-2367.

Seems Nico Friedman, till now Ash Nawani's replacement as head of risk management, has announced that he is now also the CRO for Citibank, NA in addition to the role of head of risk management?
WHat happened to Zdenek Turek? Fired?Left on his own?