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Roberto Jacobo Isaias Zanatta, Executive Vice President Dumps Nearly 40,000 Shares After an 18% One-Year Decline in the Stock

https://finance.yahoo.com/markets/stocks/articles/mattel-executive-dumps-nearly-40-212237190.html

Roberto Jacobo Isaias Zanatta, Executive Vice President and Chief Supply Chain Officer of Mattel, Inc. (NASDAQ:MAT), sold 39,083 shares on August 31, 2026, according to a recent SEC Form 4 filing.

#Company #ExecutiveTeam #Layoffs #News #Stock

US Footprint Target is 4,000 Employees

I'm based in the US and just got confirmation on the actual long-term roadmap leadership is working toward. The goal is to aggressively shrink the total US workforce down to exactly 4,000 employees by 2030.Right now, upper management is debating how they’re going to enforce that number. We don't know yet if they'll manage to hit the 4K baseline through natural attrition which is entirely possible given how many people are completely checked out and looking for the exit after those brutal SHAPE survey results or if they're going to have to resort to more structured layoff rounds to force the headcount down.As part of this 2030 strategy, the US roles that actually survive are going to look very different. The plan is to push as many positions as possible completely out of Silicon Valley and the Bay Area, relocating whatever is left to lower-cost US cities. But even with that domestic migration, the absolute ceiling for the entire US footprint is capped at 4,000.They’re keeping the exact timeline quiet so they don't trigger a mass panic or scare off customers mid-cycle, but the end state is already decided. If you're currently in a US-based role especially in the high-cost Bay Area offices, this is the reality on the horizon. Dust off your resumes and protect yourselves.
For employees in the other mature R&D hubs globally, I don’t have any information on the global situation but good luck to you too, since we don’t know what they are planning and things don’t look good in other countries too based on posts here.

#Attrition #Company #EmployeeRelations #Layoffs #WorkforceReduction

New round of Marriott CEC layoffs. Presented as "Growing Forward"

In a series of last minute team meetings members of Marriott Customer Engagement Centers teams , Office of Consumer Affairs, Case Resolution Team, and Social Media were told their entire team is being eliminated. In the openings remarks of the meeting the Sr. Executive leading the meeting referred to Marriott's 2026 "Growing Forward" initiative. A complete insult to the intelligence, dedication, hard work, of the Customer Engagement Centers "best of the best". Options to apply for new roles under the restructured organization were discussed. The job openings will be opened to the public. There will be fewer openings than the positions being eliminated. All roles for these teams will officially end on November 23, 2026.

#Change #Company #Culture #EmployeeRelations #Layoffs

Cisco club

Let me get this right, as a reward for busting your a-s off all year round, closing multi-million dollar deals and rising to the top 1% of all sales reps, you get a 4 day Hawaii 'vacation' which you spend locked up in a resort 'networking' with your corporate programmed coworkers? Sounds like a dream

#Company #Culture #EmployeeEngagement #Networking #Sales

cant wait until the house collapses

Cant wait to hear about the collapse of bny once they are done sh-----g on wfh staff and everyone else who actually shows up for works and not only does their job but actually knows it . Never heard of a company willing to shed people who can keep you successful for a bunch of lazy ba----ds we all see being hired now who have no interest in working at all

#Company #Culture #Layoffs #Morale

Nike closed my account after 40 years as independent dealer. Now Nike is out of S&P100

this is KARMA. Next is Dow Jones 30, Nike can't justify for being there after results that they put last few years.

As all the S&P100 mutual funds and pension funds that follow S&P 100 strategy have to dump Nike and buy new member that has been selected. So stock might see selling pressure in near term. Not today but but near term any increase in price might get selling pressure.

As for me, I am doing fine with my retail shoe business with comfort shoes like Brooks, Hoka and Skechers. Skechers with their shoes in $60 to $75.00 range, they are doing real well and in auto pilot. Initially, I took a big hit since Nike was 60 percent of my sale.
But if Nike approached me and said that they will reopen me, I would answer by showing a universal sign of NO, my middle finger.

So all the people in this board that has been laid off or about to, I emphasize with you.

It was rough 1 year but my life is much better now then under Nike

#Company #Culture #Feedback #Layoffs #Retail

Open letter to Takis

Dear Takis,

Many hardworking knowledgeable employees have quit due to remote work options. Some of the “special” people are allowed to work remote and move all over the country. So much for one Fiserv. The rest of the knowledge base is being laid off. Why don’t you remove some of the layers of VPs instead?
You are replacing qualified Americans with lower cost H1Bs. We are getting what you paid for… no knowledge garbage.

Please clean up the mess and make Fiserv great again.

Sincerely,

Your humble fiservants

#Company #H1B #Layoffs #Leadership #RemoteWork