#company

In honor of USBank telling us what the Bank is changing, despite outcry from employees, let's list what we are not changing as employees without a voice since they told us our voices doesn't matter.

I will not work more than 8 hours. I will come in at 8am and leave at exactly 4pm. I will not stay late eveb if there's an urgent matter.
I will not come in early to attend meetings.

I will not volunteer for any assignment as it's only more work with zero extra pay except to GK.

I will not do more than necessary. I will only do the bare minimum to keep my job as being a high performer and receiving praise from my manager and Co worker do not translate to compensation, only extra work

Anyone notice he’s all over Twitter lately? Making comments about execs having to be on Twitter and his so-called startup mode at Cisco

to He-l... I hope

Every layoff seems to hit the people doing the actual work while some long established management positions remain untouched. If leadership wants to change the company, maybe they should take a closer look at that layer too.

Yes skills and experience on point, rejected even so. Bet they want a ITC instead. How Nike has fallen

Wow. Wasn't aware of this. This says alot of their future. Pretty grim, imo.

https://www.datacenterdynamics.com/en/news/amazon-buys-office-and-data-center-site-in-maryland-from-t-rowe/

Will there be more next week?

Good, bad, indifferent? I want your take on Lightstream.

From Doug McIntyre:
Ford’s Terrible Five-Year Stock Performance
While the S&P 500 soared and rival GM recovered, Ford kept finding new ways to stumble under CEO Jim Farley, and the reasons behind its five-year slide reveal a company struggling to hold its ground in almost every market it…

Ford stock fell 18% over five years while the S&P 500 gained 75% and GM rose 40%, with Jim Farley overseeing most of the decline.

Ford's Europe sales dropped 18% to 171,670 units, falling behind Chinese EV maker BYD, which surged 163% to over 177,000 registrations.

Ford's upcoming Fathom EV pickup launches on an unproven production platform a year from now, highlighting the company's slow model-to-market pace.

https://247wallst.com/investing/2026/10/09/fords-terrible-five-year-stock-performance/

Hello from a Cengage alum. Just wanted to say I love how active you all have been and please keep it up. Maybe things can change? I for one am rooting for you (non ET employees). Good luck!

If you're not already, that is. Stop giving Verizon more than it deserves. As long as people keep doing that, they'll keep doing whatever they want - including layoffs, as they know others will pick up the work. Just stop. Do your own bare minimum and that's it. Let's see how they like it.

Stanley knows this business, Stankey has a plan.

Just heard him in a meeting just now joke about elon and the hardships of running a telecom company. senior management is still in denial...

AT&T’s $T CEO spent September telling everyone $SPCX Starlink’s mobile plan was “not a viable strategy.”

His exact words: satellite solves the last 2%, not the 98%. It can’t penetrate buildings. Small cells won’t fix it. It would cost as much as building a macro network. “A whole bunch of reasons why that won’t effectively work.”

Then SpaceX bought nationwide 800 MHz low-band spectrum today. The exact band Stankey himself admitted gets decent penetration into buildings.

The one he said satellite doesn’t have.
Then the FCC cleared 15,000 Starlink Mobile satellites at 330 km, up to 150 Mbps per user, with a waiver letting SpaceX sell service on spectrum it owns instead of leasing from a carrier.

Then, on October 1, AT&T, T-Mobile, and Verizon launched a joint venture to blanket US dead zones with satellites. Their own words: pooling spectrum, common standards, direct-to-device.
So the timeline is: “not viable” in September. “We need satellites too” in October. Same month.

Stankey also said fiber is three times faster than satellite and nothing beats it. True. Fiber also doesn’t fit in your pocket. Nobody is choosing between a fiber line and a phone plan.

The 2% he dismissed is a $200B+ market. And the company he called non-viable just bought the spectrum layer he said it was missing.

Meanwhile the stock is in free fall down over 10%

There are way too many Directors and Upper Management...Why lay off the people who actually do the work?

That Elon’s so hot right now

Netflix is reportedly preparing for substantial layoffs across the company. Sources indicate that these cuts are expected to be significant in scale. The exact timing of the reductions remains uncertain, with some anticipating them to begin imminently. This news follows a period of increased scrutiny on the streamer's viewer engagement metrics. Netflix has not yet officially commented on the reports.

Los Angeles, California

https://deadline.com/2026/10/netflix-layoffs-1237150620/

Just got an email this morning about the impacts. Who was let go…

NALI is at it again, sending out documents to move decliners that the company, “accepts your RESIGNATION”. Push back on this. The language matters, you’re not resigning, you’re being layed-off, terminated, etc for your inability to accommodate a significant change in location. Resignation vs termination matters to your ability to claim unemployment and eligibility for severance.

Are layoffs affecting a specific part of the company Tuesday or will it be across all brands? Or are other rounds coming later

I wonder how long it will take for Verizon insiders to leak Dan’s silver bullet plan to stop the stock price from bleeding and convince Wall Street in the turn around plan. My guess is that Dan will have no choice but to leak to the press well before earnings Verizons plan to hard launch their ai customer service call taking bot and plans to lay off 15% of workforce which would total to 30% he keeps floating around. That’s my guess

Layoffs today in Global Internal Audit, Enterprise Actuarial, and Global Legal & Compliance. Post here if you have the details and numbers. Continued outsourcing throughout the company and a pattern of not filling spots when people quit. Tim Sweeney said just the other day that the company has grown its capital more in the last year or two than in the previous 110 years. I guess that’s not enough. It will never be enough. Just like he and every other CEO will never be satisfied with their compensation. It can always go higher.

I wasn’t planning on posting twice today, but some new numbers crossed the NoCenteam desk, and they definitely need to be discussed.

Bear with me, because I’m diving right in. We’ve already explored a few pieces of this story separately. The new information is what starts tying them together. And when you put the pieces next to each other, the picture isn’t pretty.

Centene recently reaffirmed adjusted EPS guidance above $4.80.[1] Great, that means Wall Street can unclench.

Now let's look at the other report card. CMS just released its 2027 Medicare Advantage Star Ratings, and seven Wellcare contracts landed at just 2.5 stars, covering more than 64,000 members across seven states.[2][3]

Oppenheimer says Centene's average ratings fell 9% year over year.[4] Meanwhile, Humana says approximately 95% of its Medicare Advantage members are now in plans rated four stars or higher, up from just 20% for 2026.[5] Same CMS. Same rating year. So spare us the excuses about the environment being difficult.

Centene paid $17.3 BILLION for WellCare.[6] Now it's cutting roughly a third of its MA plans, bailing out of hundreds of counties, reorganizing the company, eliminating employees, shipping work to vendors, and betting harder on dual-eligible members.[7]

And somehow we're supposed to applaud because EPS is holding up? That's the fu--ing point. The financial numbers can look better because you cut things. Let’s discuss what was cut:

People.
Markets.
Products.
Overhead.
Internal expertise.

Quality doesn't work that way. You don't lay off your way to better care coordination. You don't outsource your way to institutional knowledge. And you sure as he-l don't get four stars because somebody found another few hundred million dollars of "efficiency."

These ratings also aren't some meaningless Consumer Reports sticker. They affect 2028 Medicare Advantage quality bonus payments.[2]

Four stars matters.

2.5 stars matters too. Just not in the way SLT would like.

And remember what Centene keeps selling investors: get Medicare Advantage back toward break-even in 2027 while focusing more heavily on D-SNPs.[7]

In other words, take on more members with complex needs while simultaneously squeezing the operation hard enough to repair the economics.

What could possibly go wrong?

Industry-leading health outcomes with an industry-leading cost structure.

How about we nail the health outcomes part before taking a victory lap on the cost structure?

Centene reports earnings October 27.[8]

Wall Street will undoubtedly ask about EPS, margins, Medicaid rates, and the MA turnaround.

Here's a free question:

If the Medicare Advantage turnaround is actually working, why did the newest quality report card get worse?

You can cut your way to an EPS target. You can’t cut your way to four stars.

Sources

[1] Centene SEC filing, Sept. 16, 2026 — 2026 adjusted EPS guidance reaffirmed above $4.80:
https://www.sec.gov/Archives/edgar/data/1071739/000107173926000172/cnc-20260916.htm

[2] CMS, 2027 Medicare Advantage and Part D Star Ratings, Oct. 8, 2026:
https://www.cms.gov/newsroom/fact-sheets/2027-medicare-advantage-part-d-star-ratings

[3] Becker's Payer Issues, Medicare Advantage contracts rated 2.5 stars or lower, Oct. 9, 2026:
https://www.beckerspayer.com/payer/medicare-advantage/medicare-advantage-plans-with-2-5-stars-or-lower-in-2027/

[4] Reuters, Oct. 8, 2026 — Oppenheimer analysis of 2027 Star Ratings, including Centene's year-over-year decline:
https://www.reuters.com/business/healthcare-pharmaceuticals/cms-says-71-medicare-advantage-prescription-dr-g-enrollees-4-star-or-higher-2026-10-08/

[5] Reuters, Oct. 9, 2026 — Humana reports approximately 95% of MA membership in four-star-or-better plans for 2027 versus 20% for 2026:
https://www.reuters.com/legal/litigation/humana-surges-after-emerging-top-beneficiary-2027-medicare-star-ratings-2026-10-09/

[6] Centene, WellCare acquisition announcement — transaction valued at approximately $17.3 billion:
https://investors.centene.com/2020-01-23-Centene-Completes-Acquisition-of-WellCare

[7] Centene/Wellcare, 2027 Medicare Advantage offerings, Oct. 1, 2026:
https://investors.centene.com/2026-10-01-Wellcare-Unveils-2027-Medicare-Offerings-Focused-on-Affordability-and-Integrated-Care

[8] Centene Investor Relations — Q3 2026 earnings scheduled for Oct. 27:
https://investors.centene.com/

Stock down 10% and we are where we were last year before Nov layoffs

Place your bets

To all those requesting information be shared. That's NOT how business works. Legally they cannot share impacted work groups or reduction figures until after it settles down. To do otherwise would be stupid. I put up with it for 30+ years and knew every 3-4 years heads are cut. It's part of the game.

Please, if you are not satisfied, get a new job elsewhere. Life is too short!

All the layoffs and the stock is still trending downward. The stock start tanking as soon Srini took over. The plan is not working. The layoff is not the answer even though some of it was necessary for redundant roles. All the experience people from magenta era is gone. I get it you want your own legacy with no pushback but you forgot the people matter to along with the mission. What new innovation have you done since being CEO to separate you from other carriers accept for being the #CEOofLayoff. All the projects that are happening now was in the works way before you came aboard so yes you will get credit for that. I have never seen T-Mobile stock below 160 for years accept for when we went public for the first time at 134

We don’t communicate anything and that’s the reason our company stays at all time lows and we need to lay people off.

Let’s be honest at the end of the day we’re here for a paycheck. Not because we want to provide a stellar mobile service to anyone. Nobody grows up and says I wanna build a mobile network. We are here for a paycheck of which almost nothing consist of stock and the little stock we do get vest over four years. Nobody cares about where this company is going and from conversations today everyone is hoping SpaceX eats our lunch.. yes, there are some people who don’t like him for his politics. But we are unfit to succeed because none of the employees have a reason to care. The ability to be lazy at work is the only saving Grace of Verizon.

lol....have fun eating starlink for lunch lmfao, what ya gonna do now T?

Presumably most of the people posting on here are Verizon employees or have some other internal interest. And yet, when something legitimately bad happens for not only the company, but the industry- something thatwill most definitely negatively affect the employees and people are on here like they just won the ** Super Bowl or something.

I found that there are a lot of truly and deeply unhappy people on this board, they have given up hope of anything good ever happening to them. So they find joy when bad things happen. I legitimately feel bad for these people.

Legacy wireless is doomed. SpaceX bought TMO’s 800mhz spectrum previously purchased by Grain, specifically for in building penetration.

Is that it ? Do we all go back to work or will there be more to filter down

Another bad move that will only accelerate PEP's decline and push consumers to private label

https://www.foxbusiness.com/retail/pepsico-raising-prices-doritos-ruffles-sunchips-some-sodas-after-recent-cuts

https://www.youtube.com/watch?v=gXNlaBpj2Y0

Holy He-l that was absolutely terrible.
Audience reaction in beginning and end says it all. He talks to audience like how he talks to us internally and it was just awkward and fell flat. He definitely did not receive the same reception he is used to internally. It’s not the same when the people aren’t being paid to nod their heads and say yes to you.

He also stated - don’t worry we won’t steal our customers IP - several times. Even if you weren’t thinking it before - now you would hyper aware that they are absolutely going to steal your IP if you go to Anderon to build you quantum wafers.

Also Albany isn’t a manufacturing line. Manufacturing capability is not manufacturing success: Reporting wafers produced and quantum systems deployed does not establish competitive yields, process repeatability, device reliability, or cost-effective production at commercial scale.

Also why is he bringing up his friend on stage from a self proclaimed competitor to launch Anderon? The guy spent most of his time promoting his own company and seemed to only remember why he was there in the final minute. The whole thing was just so bizarre.

Did anyone else honestly think this launch went well at all?

Oracle stock suffers accordingly (hit upper 130s yesterday).

How much more evidence do you need that Larry sc--wed the pooch on his AI deal and Oracle's finances? Open AI is a dog.

WRONG ON EVERY BIG CALL: THE RAMON RECORD

Forget personality. Judge the decisions.

CALL #1: Keep and integrate bottling.
Dec 2025: refranchising "not under consideration."
Oct 2026: "open to revisiting every option."
Result: 10 months to reverse his own flagship strategy.

CALL #2: We can win in soda.
Dr Pepper passed Pepsi as the #2 US soda.
Oct 2026, his words: "We are not competing well in soft drinks."

CALL #3: Integration will expand margins.
PBNA reported operating margin: 9.4% → 8.3% → 3.9% (2023-2025).
Q3 2026 core margin went DOWN, not up.

CALL #4: Our guidance is credible.
Cut in April 2025. Cut again October 2026.

CALL #5: The strategy creates shareholder value.
Total return since he took over (Oct 2018 to Oct 2026):
PepsiCo +53%. Coca-Cola +144%. S&P 500 +199%.
Stock: $196 peak (2023) → $128 now. Lowest close since 2020 this week.

WHO PAID FOR IT:
~$6B in restructuring charges, about half severance. Plants closed. 20% of SKUs cut. More cuts coming.
Frontline jobs absorbed the misses. Leadership didn't.

Five big calls. Five reversals or misses. Seven years.
At what point does "not satisfied with the performance" apply to the person running it?