#company

They're part of the old regime, and complicit in a lot of the things that FB did to the company. Are they still there?

2025 was a harsh and bitter year of layoffs and departures from Corel. Most notably the Vice President & Principal Architect of Parallels left after rearchitecting Parallels for success. The worst part is Christa takes credit for the success of the product line without mentioning his name. Also Senior Vice President of Product and Engineering and the Vice President Of Engineering decided they'd rather not report Christa Quarles CEO at Parallels & Corel due to poor decisions affecting revenue and layoffs of software engineers.

Layoffs and firings are spread across the Canada, US and Mauritius. Directors and managers were made to layoff their entire teams, then they themselves were laid-off. Specifically the Product teams have been hit very hard. Staff turn-over in Mauritius is very high amongst those who are native to the country.

Christa Quarles an American business executive, she has shown zero expert knowledge as a CEO who knows how to manage a company. Christa lead the change of the Corel brand to Alludo in 2022. As of December 2025, Alludo is gone as the brand name, Corel has been returned to keep the focus on Corel branded products. Millions of dollars wasted. No announcements provided as to why

There are two chief of staffs and one executive assistant. Yet the product team have have been decimated by layoffs as has the marketing team.

Christa Quarles CEO of Corel has run out of friends to hire. There are continued complaints from customers of shady business practices associated with the quiet subscription model campaign. Now we wait in 2026 for the next layoffs.

Are we sure it's even happening?

As someone who is not an employee but is worried, I'd appreciate if you all can share what's happening day to day. Hoping this thread continues, I am just initiating for today .

Read this article about the CEO of Waste Management, who regularly shows up to early-morning safety meetings, rides with frontline crews, and spends time in the field talking directly with employees and customers.

https://finance.yahoo.com/news/ceo-90-billion-waste-management-071200219.html

It made me wonder whether we’d ever see anything like that at Fidelity Investments. Would Abby Johnson meet with advisors or phone reps, sit in on client calls, or get out of the C-suite and actually see the business up close, instead of managing the firm through dashboards, executive briefings, and carefully scripted town halls?

Feels like two very different ideas of leadership. Curious how others see it.

richard baker steps down and now they need $1 billion to keep the doors open. get your resume ready!

CEO Richard Baker steps down and now they need $1 billion to keep the doors open. It's over. Start looking for a new job.

Tell us again how it’s not going to happen.

ALL NTX offices moving to Plano HQ.

RTO = forced attrition. AI will sh-t can a lot of jobs anyway so we might as well ride until the train stops.

Other than a lot of buzzwords, what the he-l does it actually mean?

What happened to the Fiserv Kansas office opening in 2025? I thought Kansas office was going to hire 2000 employees. Now I find no mention of this office.

Get ready leadership ping pong 🏓 starts

Dollar Tree is quietly taking many shuttered Walgreens and CVS locations. Once they have enough they will add pharmacy and Starbucks, Ulta or Sephora. Any poor strategic actions like making experienced people quit will just accelerate that make their 10 billion investment become 1 billion or bankrupt.

In late 2025, U.S. rail freight saw a significant downward trend, with reports indicating at least nine consecutive weeks of decline in weekly carloads and intermodal traffic compared to 2024 levels. The worst drop since 2020. Will 2026 continue the drop or rebound?

Stay tuned

In 2007 Chavez nationalized all heavy oil. Two of which were Petrozuata and Corocoro that were ConocoPhillips. Venezuela was ordered to pay CP, call it $9 billion for damages. Do you think with the recent US will run Venezuela, CP will be looking to get back in? Then they can hire me again?

Do you think they can ever bring back to me once great family sport of State Farm?

Years later and this abomination of a name is still struggling to gain traction. News flash, it never will. We’re never going to make progress with this name. It drags us down like an anchor and reflects poorly on both shareholders and teammates. In all these years, I haven’t met a single person outside the bank who doesn’t mock it. Even today, years later, the legacy names still have greater brand recognition and consumer trust - and they don't even exist anymore. Leadership needs to grow a pair and change back to one of the legacy names, even if it is to have a corporate structure like Meta/Facebook. I am a legacy teammate, and I don't care which one. Just pick one. They are both good names.

Comp planning starts Jan 20th. Anybody hearing rumors on what level it will be this year?

If you know that your store is closing, feel free to list it below. For example.. Columbia Place

Heard that Chevron might be going Exxon way and implement Stack Ranking. How does it work? Does it mean bottom 10% or people they don't like are let go every year?

I wonder if this will cause bp to reconsider sending so many jobs there. I mean, that’s not exactly business friendly.

Tankless facilities are expensive and they don't work, oxyrock just came up with a facility design that's half the price and still uses tanks like normal and is about same emissions as tanked.

Orders are so horrible. Why do we let Walmart control what comes in

TL;DR: Kraft's constant cost-cutting and corporate mess gave room to competitors come in and take market share. I hope Nike executives read this

Other OP posted a terrible word vomit on the post, but I thought it was a good read. This feels uncomfortably close to home. The WSJ’s “ How Kraft Heinz Lost Its Lock on Mac and Cheese—and American Shoppers” is worth reading. Now they are in turnaround mode.

WSJ article:https://www.wsj.com/business/retail/kraft-heinz-mac-cheese-split-ceo-dccc9217?source:google.com

W/o paywall thelayoff post: https://www.thelayoff.com/t/1kdyrg024

I came across this article this morning that leads with, "Why Is CDW Not Exciting?
Despite the more favorable entry price, we don't have much confidence in CDW."

They cite three reasons: 1) Sales growth over the last 3 years; 2) Sales growth projections are slim; and 3) EPS growth has stalled.

Over the last two years, the stock price is down over $85 per share, with $48 of that over the last 6 months.

While certainly the market is tough, but CDW was always able outperform the market. That ended in early '23 when our run of 8-10 declining quarters started.

We've laid off about 1,500 people over the last 2+ years and the decline in coworker count has had no positive impact on our trajectory.

There has to be a new plan implemented and soon, because what we are doing is clearly not working.

If you were asked, what would be your recommendation to get things back on track?

https://stockstory.org/us/stocks/nasdaq/cdw/news/buy-or-sell/3-reasons-to-sell-cdw-and-1-stock-to-buy-instead-2

Sorry if it's a stupid question, this is my first proper job and I'm not sure how things work yet.

If so, how??

Elluott

“Sprinkles, the iconic California cupcake company, has announced a ‘winding down’ of operations at its remaining 15 retail locations, blindsiding employees last minute with the not-so-sweet news,” the New York Post reported. “Salty employees got the notice on Dec. 30, saying Sprinkles would start an “orderly wind-down” of the company beginning Dec. 31.”

https://www.thestreet.com/restaurants/crumbl-competitor-shutters-all-stores-with-little-notice

Are they still doing the Sharing Success stock award this year? I haven't heard anything about it yet.

Heard it mention in regards to layoffs and I have no idea what it could be. Google says it has something to do with revenue growth rate and profit margin but that makes no sense whatsoever. And in case it's not obvious, I'm relatively new here (just under a year).

Why? No one is masochist forever, right?

I haven't seen anybody else announce cuts so early in the year. Aren't we special?

Does any manager know the bonus numbers this year? More or less the same as last year?

If Cigna is in such financial straits, why are they leasing more office space and spending millions upon millions of dollars renovating offices that nobody wants to be in? Make it make sense, please!