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Smoke and Mirrors

Big companies are laying off and repositioning themselves to run more like a start up. Why? Because everyone has AI FOMO! Everywhere you look billions are being invested in AI. The work force is getting trimmed before companies understand whether or not AI can deliver on all that it's developers promise. Sending all your employees the message that they need to worry about their employment just days into your new position is not the definition of leadership. This is not how you build a winning team. The posts on this board are a reflection of Dan's leadership. You have yet to share the substance of your vision on just how Verizon will pivot. All you have accomplished so far is the demoralization of the work force. You are getting off to a very disappointing start.


Is there talk of shutting down the Ravinia office in Atlanta?

I have this feeling I’m not long for my current position anymore if that happens. I work under John Blanchards org and we just had a layoff in August. I think I’m being paranoid but since Srini is taking over soon… I just don’t know. The market is brutal now and I’m job hugging like a motherf----r, I’m not ready to leave yet.

Has any C-Level exec ever been to the Atlanta office?


Did CTO announce layoffs are coming in today's all hands meeting?

In today's all hands meeting, the CTO pretty much said Citi will follow the lines of Amazon and Meta and will be laying off people. He didn't say specific numbers and exactly when but the message to me sounds like there will be layoffs coming.


Future Back Drinking Season 2

Athina’s podcast is back…

Unsure who the he-l would listen to this. How “transformational” can a Strategy & Transformation officer be when their company's stock is only up 3% over her 5 year tenure????

She needs to go, this toxic S&T culture starts with her, absolute corrupt coward who acts like a dictator


Imagine championing RTO and you still get laid off.

It’s like someone holding you hostage, making you denounce your religion to be spared, and then they still ki-l you. Don’t trust the enemies of what we know is the way forward, working from home. These are the same guys that show up at the office to talk at the proverbial water cooler for 4+ hours a day. It is the ultimate act of deflection when these blowhards are projecting their disdain for “laziness” (a quality they have mastered) on WFH who simply don’t want CHAD blabbing about his Halloween party bleeding over into my fu--ing conference bridge.


Oracle's True Core is Infra and not Data - Think twice before you plan for long stay

Was chatting with some guys from another company, and this is the deal: Oracle is data-starved. It doesn't hoard any data. They're just a database/infra, not a data goldmine like Amazon, Meta, Google, Apple or LinkedIn.

Our engineering needs are simple: basic text analysis for infra. We aren't running anything complex. The algorithms are straightforward, and any future coding is so basic, it's easily handled by LLMs and junior employees.

You can get by with Oracle for now, but long-term? You've already lost the race.
Oracle doesn't need you anymore. And you shouldn't rely on Oracle anymore.


Any truth to this?

I heard a rumor from a reliable source that we are ending 5-Day RTO by the end of 2025. We will have 2 office days and 3 virtual/remote days. It will not publicly announced thru some announcements but it will slowly shared among the organizations from VP/AVP levels. Expect some changes near the end of 2025.


Go to other layoff sites: the maga racism prevalent at USAA

Seriously. Go to another bank. Find the strength of racism that exists no where else only at our finest USAA. even more odd, most employees are actually supportive and help one another at other banks. We have a deep rot here. its why we only attract the most d-list leaders.


Pearson = Career Su----e

Pearson continues to decline year after year, I’m shocked they are still hiring people. Every 8-12 months it’s time to layoff a group of people and start over again next year. I spent 7 years watching this disaster before finally leaving. The lack of leadership and pi-s poor planning in this company is ridiculous!


BBB

Chris Conway is still listed as a company contact at BBB. Hasn't he been gone for months and didn't the company sue him ?

$$$$$$$$$$$&

Local BBB:
BBB Serving Metropolitan New York
BBB File Opened:
5/16/2000
Business Started:
11/1/1945
Business Incorporated:
1/3/1945
Type of Entity:
Corporation
Alternate Names:
Mutual of America Life Insurance Company
Business Management:
Mr. Stephen J. Rich, Chairman, CEO and President

Ms. Christine Janofsky, Executive Vice President and Chief Financial Officer

Mr. Chris Conway, Executive Vice President and Chief Revenue Officer

Subhang R. Shah, Executive Vice President and Chief Information and Digital Officer

Mr. Joseph R. Gaffoglio, CEO of Mutual of America Capital Management

Mr. Shannon Moriarty, Executive Vice President, Operations


Waiting for the move

So, I've been holding on to my Shel shares waiting for them to announce the move to the US. I figure that's the last rabbit to pull out of the old hat, and then the show is over. Honestly, shares have been on a rise lately and its been a decade since they've been this high and there is no discernible reason for the price to be this high. I've sold some just in case this is the highest they get. But I am speculating that the price jumps when Shell moves to the US. I mean its not value, its not growth potential, its not the buy-backs, its not the leadership and their vision. We're all waiting and hoping for the announcement that makes the shares jump so we can sell. Shows over soon I hope.