#company

What happened to Bill Jones? I noticed he is no longer listed in the company directory. He was one of the few executives I liked.

https://stocktwits.com/news-articles/markets/equity/verizon-plans-new-round-of-layoffs/cZZREorR7q8

What impact could this have on our people and our business?

So - as a next step in centralization to the US, I suppose the COEs are gone by end 2028.

The ceo is clear

They usually fire people for performance in Oct , anyone know the date ?

The same comments have been made on this site too:

https://www.foxnews.com/outkick-sports/nike-ceo-may-have-admitted-company-went-woke-stock-hits-12-year-low

I dont remember if they avoided it in the last few years. I actually recall one in Novemeber specifically. Telling people they are let go and still having them do "open enrollment" was a nice touch.

The ISG town hall last week was a narcissist’s wet dream. The short guy went on and on about revenue and how they went all in on SDD and how customers don’t know what to do. The self congratulations and how wonderful everything is going.

All bullsh-t.

Didn’t even address the layoffs of 10,000 of thousands of people across the company and in ISG alone.

Not many attended, the rooms were not filled and nobody clapped. Then of course as narcissists would they blamed the audience for being “flat”. Or an alternative thought. The audience hates you, thinks you are pieces of sh*t and are money grubbing sc-m bags. Did you think of that? No, most likely not. A set of narcissists don’t think that way. It’s always the other guys problem.

Normally most would be thrilled going from a $30 to a $500 a share company in less than 18 months. It’s all fake. Much like this company. Nothing is real or it’s not real for too long.

It’s about the story not actually delivering on the story. Just the story. Just like any good narcissist. It’s about the story and when this story starts to have holes and gaps. You’ll be to blame. Not them.

Biggest set of narcissistic, political sc-m bags on the face of this earth are in this company and you’ve got a whole bunch right in ISG.

“Beckman coulter diagnostics (soon sciex) is experiencing withheld raises, layoffs, and rescinded bonuses so far in 2025. As well as hiring freezes though there have been a few external hires to support china for china”

Who made this post? You are an oracle.

Below is the stock performance for all you d-mbasses that believe in this poorly ran company.

5 year (-79%) $200 to $39
3 year (-23.8%)
1 year (-36.5%)

Company is no longer a Fortune 500

https://robbreport.com/lifestyle/news/saks-fifth-avenue-feature-1238644417/

Somebody wrote this in another thread and it hit home. The old IBM and the current one are two completely different companies. Outside of the name, I can't think of one thing they share. Those of you who've been here 2+ decades know exactly what I'm talking about.

That's the only thing I'd really like to understand.

And that's especially true for Exxon. Be smart and start looking for a way out. This place will chew you up and sp-t you out without a second thought.

https://www.investing.com/news/stock-market-news/halliburton-pulls-out-of-falklands-oil-project-93CH-4930022

How did we all accept this so easily?

break up the company in few different segments and hire CEOs to run each segments with more independence and flexibility. And report to one big CEO who oversees them all.
VPs are managers without a lot authority and independence and that plans so far did not work so let's not be insane and try something revolutionary and different.

I was widely ridicule by many short sighted people in this platform.
Fast forward today and EH is basically trying to do same except that instead of splitting the company, he is trying to shrink in the hopes that it is more manageable.

Because when Nike was growing in its hey days, they just overgrew and now it is too big and unmanageable.

I think breaking into each manageable segment is better than shrinking small. Followed up by layoffs.

Any news on lay offs?

Hertz Taps PJT Partners to Extend Debt as Maturities Loom

I wish I was joking. what an embarrassment.

I've been here a long time. I've defended this company to my family, my friends, recruiters who called. I've pushed our products at backyard barbecues when it wasn't easy to. And for years a lot of us have been saying the same thing in every employee survey, fix the customer experience. We said it over and over. Nobody listened.

Look at where we are now. We lost 654K broadband subs last year and another 232K so far this year. KeyBanc thinks we lose 558K more this year and 665K next year, and they just downgraded us with an $18 target. Fiber is overbuilding our footprint about twice as fast as it was a couple years ago and competitors are selling gig for $30 to $40 a month. The buyback is paused. The stock fell 6% the day they announced the transformation. Wall Street has a name for companies like this, a melting ice cube. And our leadership's plan is to make sure we're all in the building to watch it melt.

Most of us heard about the biggest cost transformation in company history from Wall Street, same as everyone else. No town hall, no memo, not even a heads up. But the RTO change? Every SVP, VP, director and manager had that message and delivered it in what felt like a day. Impressive honestly. So this company knows exactly how to cascade information when it wants to. They just decided what we get to hear.

And good luck finding the actual RTO policy. It isn't in the handbook. There's no written requirement ANYWHERE. It's all verbal and it changes depending on your leader, your org, honestly depending on who you are that week. Calling that a policy is generous, it's pressure. If you work here, email your manager and ask them to point you to the written policy so you know you're meeting it. If they can't, you have your answer.

Wall Street doesn't give a sh-t how many days we're in the building. Nobody has ever upgraded a stock because badge swipes went up. What the market wants is a new direction, pricing customers will actually stay for, and real retention. And if this team can't deliver that, they want NEW LEADERSHIP. You can't badge your way back to Wall Street.

When a stock hits a 13 year low somebody isn't doing their job. And let's stop pretending we don't know who. The problem was never the people in the building. It's the people LEADING the building. We didn't set the pricing. We didn't ignore years of feedback about the customer experience. We didn't let fiber walk into our footprint. We didn't tell Wall Street about a transformation before telling our own people. LEADERSHIP did. You run this company, you made these calls, and the stock is your scorecard. Dragging us in another day doesn't change who's responsible for where we are.

So here's an RTO mandate I'd actually support. Every executive in the office five days a week, plus weekends as needed, until the stock is back up. Spend that time with customers, fix pricing, figure out how to stop losing subs. I'll even save you a parking spot. The job was always yours. Do it.

And to the board. This happened on your watch too. You approved this direction, you signed off on these leaders, and you've watched the stock slide for months. Thinking more badge swipes will fix a company in decline is honestly SHAMEFUL, and if nobody in that boardroom is saying it out loud, then consider this your wake up call. The market is telling you it wants a different direction. Maybe it's time to listen and find the people who can lead it.

Leadership, stop managing our desks. DO YOUR JOB.

https://www.foxnews.com/us/state-department-revokes-250000-visas-broad-immigration-vetting-crackdown.amp

Only took Frank 5 years to destroy a company and culture that had existed for 40 years. That's an incredible testament to his skills. That Bankster and his team could turn anything into a tu-d.

Lots of rumblings about 10/6 for IT. Good luck out there.

Footwear isn"t easy to manufacture in the US unless it's basic stuff. Oh that's right, Venky doesn't know anything about shoes!

I appreciate that EH is claiming there is "a" long term plan. But that is not enough.

It will help make the numbers look good with a smaller footprint, maybe a more efficient supply chain. A different geography organization... fine.

But that's not enough.

Nike is built on athlete stories, high performing products. Products that people want and are proud to use. I mean gosh, I grew up watching Serena Williams and LeBron James making history... but the newer generation doesn't 100% relate to them, especially in the international markets. We need more.

The economy isn't great. It actually is really bad... but it won't be bad forever.

When it does improve, will we be ready? Will we have the hot new products that the market wants to buy? Stop reacting to short term measures... show some resilience.

If you accept that you are disrespecting you self what a joke!!

Just sell the company in pieces and get it over with lest stop kidding out selfs we all know is over!!

Since the merger with Optum and LHC group Amedisys, a very strong sought-after company has recently laid off 30 plus recruiters, they cited crossover of areas coverage but they did not give warning. They did not give explanations to those. They laid off just one day. Told them they were gone. This is a company that is supposed to be people orientated

Here comes to toxic positivity, all the id--ts who drink the kool aid will tom tom about how they are lucky to work for such a great brand and then have learnt so much and of course the people!
Either they are true id--ts or they trying to su-k up the the VPs hoping they will get to keep their jobs with this toxic sh-t! Happens every time.

If you've received a severance, can you disclose how many years you were with the company, how many weeks of severance you received, and ballpark number on the amount? Just curious as to what details are looking like. Thank you for sharing!!

Lots of rumblings about 10/6 for IT. Good luck out there.

A monumentally disappointing 3Q is coming, and the stock is about to drop another 40%. After that, the company goes belly up, lots of us lose our jobs, lots. We lose jobs, we jump ships. That’s the end of this generational disaster called Fiserv.

Can’t believed I’ve been here long enough to see the running joke of new GEOs and disbanding APLA becoming a reality.

What else did we missed?

I saw a job posting that looks almost like my role appear on LinkedIn, but searching internally for it I cannot find it, even using the reference number. Is it just blocked from me? Or was the posting removed?

They want more layers. Common sense does not work for this company. NOT aLL, but Most current, designers are useless and design worthless cr-p too.

Looks like there are talks about being required to be in the office of YOUR assigned BOA location as it shows in Corporate Directory. If you must go to another building that you are NOT assigned to you may have to start signing up as a "Visitor" and no longer may have permanent access to multiple locations for which your LOB is paying for assigned building for each employee. Thanks to those who have been abusing and finding away around the misuse of drop in spaces at Ballantyne. I hope this doesn't occur because I don't want to have to pay $150-$200 a month for parking uptown Charlotte. Anyone heard anything about this possibly rolling out across the bank?