#company

and $$$ has to come from somewhere. things are bad right now.

Here are some of the largest and most prominent companies currently sitting near the bottom of their yearly range:

Yahoo Finance: "Boston Scientific (BSX) and Abbott (ABT) are appearing on recent near-low screens." - OK, we get it. It's bad. Not sure about layoffs tho...

We've been weighed down by margin pressure quite a bit. General population will continue to be VERY cautious given all the sh-t that's going on in the country and inte world. Plus this case of a lingering fallout from the botched Albertsons merger - it's a messed up mix of bad things. Now, I wander, how much suffering will be directed towards the employee. I hope for the better, but i am increasingly losing that hope.

That's it that's my post. Somehow we lost this. I think all of us have a hunch why.

That are your thoughts?

Should I open a wager on PolyMarkets?

They shut down second shift. No one is talking. Can’t see this circus lasting much longer.

Penny’s profile image on Amplify news stories feels like she’s laughing at us.

Noticed several different leaders (mostly Directors) had their title in Outlook/Teams changed to “CW Optum Business Leader-Requisition.”

Does anyone know what this means and if it has anything to do with impending layoffs?

time to replace our good old CTO. He is old and not performing optimal. He should be fired!!!!

Some MD's have saved their bootlickers by moving them around to other people under Nawani but data team members n Markets and Banking and International has been hit. That's all I know.. Not sure who or how many or what titles

Nvidia executive: The cost of AI tools is ‘far beyond’ the cost of human workers | Fortune https://share.google/6dSQd3XuczlH5KXs1

Ineffective. Politics. Curious what your experience is with a 300+ team of HR ‘professionals’?
What is it they do, let employees know to complete a survey and attend pro day?

I have heard from several people in the industry that Medtronic has become a known quantity. Candidates are turning down offers and recruiters are struggling to fill roles because everyone knows what it is like to work here.

Have people already been notified?

The only consistent message quarter to quarter is revenue declining faster than forecast. The stock price falling into the single digits says everything. If you’ve listened to this company’s analyst calls long enough you know management just pivots to whatever narrative works in the moment and they’re running out of narratives faster than revenue streams. Easily the worst management team this company has ever had.

Exactly what @aq+1kr2bpeh6 said.

Does anyone know what BNY provide as way of a reference to a new employer, specifically in EMEA.

Nothing to hide just curious if they go any further than 'time served'.

https://www.nj.com/business/2026/05/250-nj-jobs-at-risk-as-pharma-company-announces-more-layoffs.html

Not for good, of course, but is there any chance we'll go back to having one major round a year and being done with it?

I’ve never worked at a company that changes course as much as this one, constantly chasing whichever way the wind happens to be blowing, whether politically or technologically. One minute it’s one strategy, the next it’s the complete opposite, like nobody even remembers what they were pushing six months ago.

Has anybody here worked at AT&T? I might have a chance to make the switch, but reading through their page here makes it seem like I’d just be jumping from the frying pan into the fire. I’d really appreciate hearing from anyone with firsthand experience before I make the decision.

I know people hate the wait, but knowing something major is happening in July is much better than just coming into work one day and being served your walking papers.

Cooper-Standard Automotive Inc. plans to close its Bowling Green, Ohio plant. The facility closure is scheduled by the end of 2027. This plant manufactures sealing systems and components. These products are supplied to the automotive industry. This marks the company's second Ohio plant closure in six months.

Bowling Green, Ohio

https://www.rubbernews.com/company-moves/rn-cooper-standard-automotive-ohio-plant-closure/

Will be closed down.

Expect sometime in early Q3 to be announced.

Actual, truthful reviews. Too many of them paint a picture that's anything but true, so I'm guessing HR is hard at work to fix the company's image. Take a few minutes and post a real review over there, so people who're considering Oracle know what they're getting themselves into.

You make contact with the hiring manager prior to the meeting and develop some rapport, identify some people in common, only to have an unlisted 3rd party join the Meet, who is inevitably some “distinguished” tw-t that throws curveball questions about things that were only discussed among the team in the last weekly meeting, and documented in a locked Google Doc. Indians hiring Indians.

Many people post on here about where is all the work going to go with layoffs? None of this has been addressed since VSP 1.0.. We were wasting so much money of useless “projects”, meetings, reviews, slide decks, paralysis by analysis, that the thousands and thousands of people RIF’d have made no significant impact to progress. VZ is changing and those useless projects will all cease once the gutting is done. It’s unnecessary work and those doing to work will not be replaced. The end of VZ as we knew it is happening in front of us, daily. Su-ks, but that’s reality when you are up to your eyeballs in debt and only answer to analysts and shareholders.

I think revenue will continue to decline, staff numbers will decrease every year and the company might survive as a content company , cloud based with around 8k employees

It's also conceivable that content may not even save us as better products become available. If this is the case then the company will likely dissolve in around 5 years time

Thank you for your service :).

Will AI replace Dan and his leadership team? 😅

Wow. It's about time.

We are hiring and have returned to growth

BAC, JPM, C, USB. Seems like the closest competition comes from Truist.

https://www.reuters.com/legal/government/us-appeals-court-revives-82-million-verdict-against-ford-trade-secrets-case-2026-05-22/

Intuit announced a 17% reduction in its full-time workforce. This cut affects approximately 3,100 positions. The restructuring is expected to incur $300 million to $340 million in charges. Intuit also reported strong fiscal third-quarter earnings and raised its full-year guidance.

https://qz.com/intuit-layoffs-workforce-reduction-ai-restructuring-052026

It is incredible that Dell could hit $300 a share. Inconceivable!

To all the outstanding employees and those exploited by this company have a wonderful long weekend.

To all the executives, and their concentration camp commandants, the hr hall monitors,

You don't deserve it. When your kids cause a scene somewhere and you get exposed for your incompetence as human beings, in that moment you should realize that your work persona is fake and your perceived competence only exists inside the walls of us bank. Nobody respects you inside the company either, but they are paid to pretend.

Strong story doesn't save companies. Strong work do!

I like that and He's correct—companies survive on output, not narrative.

But that's a principle for stable times.

When the house is already on fire, "just keep working hard" starts to sound less like wisdom and more like a way to keep people holding the hose while the roof caves in. It won't save anyone.