#company

That is it. That's the post.

11/1 last day with some given option to keep their positions based in Baltimore. Another misstep for a brand once on fire.

Seems like an exodus is still occurring. Never will be the company it used to be.

How often does headquarters in BP do layoffs? Looking to join company but would like to gauge job security there. And out of curiosity, do you really need to be "highly extroverted" per the culture. Thx in advance.

Hi all - I’m a director here, younger though. My connections are leaving left and right. Everyone in the company I “grew up with” is leaving. Question is WAGS - heard we lost specialty business entirely. I feel like we are really doing pi-s poorly right now. Anyone have any info?

https://www.thelayoff.com/post/@OP+1ktmsca1x

Eye opening! It shows how toxic UHC has become

https://www.thelayoff.com/post/@OP+1ktmsca1x
This thread highlights how toxic this company has become - both Optum and UHC. Highly recommend, share this in all social media and let it go viral.. this is much needed to drain the toxic nuclear swap that is UHC!

Wow. Have you seen this? I just saw it. They’re talking about it all over—everyone is talking about it. Dan Schulman, the guy from Verizon. Great company, by the way, very big, very powerful, though frankly, the signal in Mar-a-Lago could be better. We’re looking into that.

But Dan—fake news Dan—he’s writing love poems. Can you believe it? Love poems! To his wife! And let me tell you, I’ve seen the poems. Total disaster. Weak. No vocabulary. Sad! He tells his wife her eyes have "low latency." Incredible. If I told Melania she had low latency, she’d lock me out of the penthouse. Total catastrophe. Dan is out there dropping calls in the bedroom. He’s got zero bars, folks. Absolutely zero bars. Sad!

Seeing a bunch of complaints on Slack about SpaceX and Elon lately.

Be real for a second: If you had to put your own money into just one company right now — SpaceX or Nike — which are you actually choosing?

We were one of the most respected American companies. Now we're nothing but a joke. What a sad reality.

Good luck guys

Is there somewhere I can look it up?

The only FAST thing that is happening is that as a result of their direction they are wasting company resources on initiatives with no return. In fact not only do they cost us money the things and processes they building attempting to build are making things worse.

Heard wind of activity tracking being implemented on PCs sometime next week

https://presentofcoding.substack.com/p/please-switch-to-python

Stata can’t. SAS can’t. SPSS can’t. MATLAB’s answer is “call Python from MATLAB.”

even where these tools have some capability, it requires calling Python, or expensive licenses, or both.

I’ve rarely met anyone who learned Python or R after switching from Stata or SAS and said, “I wish I were still working in those.”

Probably the only way out of this mess is to make FOSS illegal or legally cripple its usage within the country and, if possible, around the globe. There are movements afoot…

I want to hear from people who've moved around in their career. Have you ever worked anywhere with a more toxic environment than this place? With leadership that cares less about its employees? I'm not being rhetorical. I really want to know. Is this just how all big companies are?

EH built a huge ticker out front counting down the World Cup and you couldn’t manage to make your shoes different colors than the competitors? It’s literally a sea of pink cleats, impossible to set apart the brands. Nike in a nutshell, who is to blame? Should the color team be accountable? The head of global football? Where is the ticker to determine how many more days we have to watch this embarrassment?

Outsider looking in, little odd they’ve had a posting for a position, it disappeared and then less than a week later another is posted. Context being always rumors of a less than stable group over there and some toxic management… had considered applying, but now I’m curious about morale. Anyone know how pay is? Low relative to midland based peers, but still passable?Thoughts?

Anyone any idea when notifications will go out and who will they come from ?

I've heard the rest of the year will be bad when it comes to layoffs. We won't see a slowdown but the opposite. Can someone tell me I'm wrong? Please?

https://finance.yahoo.com/sectors/technology/articles/ai-productivity-gains-precede-expeditors-141311489.html

With our app counts down, MLA negotiations not going well with one carrier, and backfills not happening, has anyone heard of any more layoffs? A small one seems likely to me after the earnings call.

Is this a new position? And is “Rajiv” H-1B or legit?

Heard a big announcement was coming next week ? Anyheads up ?

https://www.haystack.tv/v/man-sues-agencies-arrest-ai-facial-recognition-mistake

https://www.thelayoff.com/post/@OP+1kryy7b2b

Let's blow that one up.. add your layoff Intel there.

Senior management have absolutely no idea how to run a tech company.
They repeatedly try the only playbook they have, which is to cut costs by laying people off whilst paying consultants millions to do their jobs, which seems to be simply latching on to the latest hot topic and hoping that fixes everything.
Here's an idea, why not try actually investing in the businesses you own rather than trying to bleed them dry.
Anyone else notice the number of good senior people jumping ship recently?
How's future forward working for you Stephanie?

People ask me where they should go to work, and I always tell them to go to work for whom they admire the most. It’s crazy to take little in-between jobs just because they look good on your resume. That’s like saving s-x for old age. Do what you love and work for whom you admire the most, and you’ve given yourself the best chance in life you can.

What is this collaboration with the clothing brand, Municipal? I'm failing to understand the strategy behind this.

Layoffs don't fix companies or stock prices.

Nike. What a sad mess.

I’m just reflecting on UKG post July 2024 RIF and the downward spiral that I’ve watched this once unicorn company go through.

• March 2020, Ultimate Software and Kronos merger.
• June 2022, CEO Aron Ain steps down. Enter Chris Todd.
• Fall 2022, Global Delivery introduced.
• July 2024 RIF, over 2,000 employees. Chris Todd removed as CEO. Enter Jennifer Morgan.
• Following July 2024 RIF, major company re-org.
• Global Delivery grows, while positions in the US are quietly being eliminated. Also, when US employees leave, their roles are not backfilled (I had several teammates leave, but not a single role was filled).
• February 2026, RIF.
• April 2026, RIF.
• Current: Bulk hiring for Solutions Consultants in NOIDA / India as “transitioners” (delayed lay off employees) help to train them on their jobs, so they can take over come August 2026.

What did I miss?

What is happening to this once unicorn company?

UKG is in shambles.

Hearing some people got 15 minute HR Business updates today? Anyone hearing that?

Genentech has reportedly eliminated its infectious disease and physiological chemistry units, losing key executives including Vishva Dixit and Man-Wah Tan.

https://www.bizjournals.com/sanfrancisco/news/2026/06/11/genentech-layoffs-infectious-disease-job-cuts.html

Rumors has it that is is happening very soon... I would put it be end of the year (perhaps sooner). The question is, who would be the buyer?

When does it take effect?

Well, AS certainly has the language down already, how to make layoffs sound necessary even if there have to be other ways to cut costs. Well, it was to be expected, I guess. I just wonder how do you bring back a dying console by cutting and not actually trying to improve things.

T-Mobile US (TMUS) has seen significant insider selling activity in 2025 and 2026, involving multiple executives and major shareholders, though some trades were pre-arranged or tax-related.
Jon Freier (COO): Sold 4,799 shares at $190.00 per share in May 2026 under a Rule 10b5-1 plan, retaining 217,167.63 shares.
Callie R. Field (President): Sold 12,300 shares for $2.96 million in July 2025, part of a trend of insider selling despite strong financial performance.
Raul Marcelo Claure (Director): Sold 550,000 shares for approximately $119.7 million in February 2026, reducing his stake by roughly 38%.
Telekom AG Deutsche: Sold 209,520 shares in July 2025 and has sold over 3.26 million shares total in the past six months, reflecting a larger trend of divestment by the major shareholder.
Thomas Dannenfeldt: Withheld 311.4 shares in June 2026 for tax obligations upon vesting, which is a non-market transaction.

Mike Katz (President of Marketing, Strategy & Products)

Current Holdings: 181,930 shares (directly owned).
Recent Activity: Katz sold 5,000 shares on May 1, 2026, at a weighted average price of $195.81 per share.
Transaction Value: The sale totaled approximately $979,050.
Status: Despite the sale, Katz retains a significant stake valued at over $35 million, reflecting his long-term tenure and executive position. He had previously sold 2,500 shares in November 2025

Mike Sievert (Director)

Current Holdings: 125,696 shares (directly owned).
Recent Activity: Sievert sold 15,000 shares in late February 2026 (Feb 23–24) at weighted average prices between $220.07 and $221.85.
Transaction Value: The sale generated approximately $3.3 million.
Status: Despite the sale, he remains a significant individual shareholder with a stake valued at over $27 million based on current prices.
Mike

This company is literally thinking it can operate the daily works and tasks much easily without employees. Leadership doesn't care about employees. When there is no value to employees then what is the reason behind working here. Need mass resignation.

This year so far was really hard. The workload, the uncertainty, the layoffs, and all the other changes made sure of that. I keep wondering if the second half of the year could actually be worse. Is that possible? Or have we hit the bottom and things will get better? I truly don't know.