#company

Can anyone explain how a 3 year ban on working for Skydance after a buyout serves the best interest of the company? It seems like they wouldn't offer you work unless they needed your skills. So why would they impose this ban?

Came across this quote by PepsiCo legend Roger Enrico:

"Beware of the tyranny of making small changes to small things. Rather, make big changes to big things."

Feels particularly relevant in today's PepsiCo world, where the tyranny of small decisions have given way to the tyranny of small-minded leaders.

https://www.azquotes.com/quote/675560s.

It was so embarrassed to see the guy lost his "train" on the stage. I guess he forgot to bring his AI assistant as he usually did for most meeting calls to assist him and make him look good.

I remember an AOP years ago when Kirk Tanner asked who in the room was in foodservice. Only a few people stood up. He said, “We’re all in foodservice. Our families are in foodservice.” That always stuck with me.

Back then we'd bring new products home for our families to try. They'd tell their friends about them. It sounds small, but there was pride in the company and the brands.

Over time we started cutting the small things, then the bigger things.

Restructuring, layoffs, offshoring and now AI. Along the way, a lot of tribal knowledge and connection to the business walked out the door too.

I think we've spent too long trying to save ourselves to prosperity and forgot we're in a customer service business. Relationships, experience, execution and pride still matter.

You can invest more money in beverages and technology, but at some point you have to give people something to believe in again.

My impression thus far is that

SBG to cut all US contractors!

Just out of curiosity, did Capone promote all legacy application engineers to principal? Salary hike? Salary range?

Would you still be at Intel if you:
1) Blew up a fab
2) Accused of spying for China by Trump and DOJ
3) Alienated SpaceX
4) Stole $2.3B for fake quantum software while laying everyone off
5) Crashed stock 50%
6) Oversaw 20% decline in PC sales
7) Produced no viable AI product

What else did I miss?

So you'll double your salary?

I've heard from first round, this was explicitly prohibited. Can anyone confirm or deny?

Why is the top post not about layoffs on the thelayoffs.com? Are there layoffs November 16th and 17th?

Comcast Chairman and CEO Brian Roberts received a total compensation package of $35.15 million for fiscal year 2025 according to a SEC proxy statement filed by Variet

Word on THE STREET is that she is FED UP with the number of director and above positions and those numbers gotta come down.

Maybe time to take that informal RETIREMENT PACKAGE right the F now.

I got that straight from 'Tadpole.'

Trend is clear, year over year we drop 1000-1500 people

Analytics firm SAS has reduced its workforce by approximately 100 employees. These layoffs are attributed to ongoing digital transformation efforts and a decreased need for on-site support. The company stated that permanent changes to business operations, some predating the pandemic, impacted several roles. Despite these cuts, SAS continues to hire for hundreds of open positions globally. The company employs nearly 14,000 people worldwide.

Cary, North Carolina

https://www.techtarget.com/news/SAS-hit-with-100-layoffs-amid-digital-transformation-efforts/844352/

Now im hearing that these sc-mbags lowered the severance packages to only 1 week per year served, instead of the 10-16 weeks depending on full time pay band

Is this true across the board?

Any news out of this division?

Anyone in GTS leadership or groups impacted today? This thread is for GTS only

Do we have the final numbers yet? Usually it takes a day or two for the reports to come out. Any news?

It has been stated in this form many times that software and services is still the key path to company growth. Now do you agree?

https://www.fierce-network.com/wireless/deutsche-telekom-shelves-plan-merge-t-mobile-us-report

Quoting: "The decision was in part due to pushback from Deutsche Telekom’s works council, an entity that represents employee interests, according to the report..."

That was quick.

https://www.youtube.com/watch?v=M1xyX3ZQJ6k

Sun Life Canada employees are being told to return to office, for minimum 2 days per week starting in January. Not sure if other business areas will be told to return too. Could be a sign of layoffs coming as this seems to be the route many companies take to get people to quit before they start offering buyouts.

Merger completion is in a few months and traditionally there has been bonuses. Any word on a merger bonus? I know completion is around the same time as regular bonus cycle, so not sure if that will complicate things.

Well wishes to all.

Or did they implement any reductions?

Have they announced specifics regarding the Region consolidation and who will be leading the new structure?

Tuesday has always been the layoff day, rarely Friday.

I am curious as to how the current employees feel about the whole MofA debacle. Job security, company outlook and general overall view of the direction of the company!
Actually I don't care, but it would be interesting to see how the inside feels. lol

Anything today?

She “accepted a new position outside the company” and her last day is tomorrow?

Someone read between the lines for me on this one, please.

Has it started yet?

Has anyone heard anything about any of these roles?

https://open.spotify.com/track/3uZzf26YgBf921VoLVVc9I?si=njNdiVYTQliqY09zMLUmEg&utm_source=copy-link

Im really tired of the constant lectures about how wonderful AI is and being pressed on how we need to submit ideas to the company on use cases and things about our job that can be automated and done with AI. Whats the benefit if I spend a minute of my thought on this stuff. Being eliminated sooner? At Cisco I guess you can argue that will be a benefit but would it double my bonus or even get me a 3% raise at the end of the year? He-l no. Figure out the cr-p yourselves or put an AI geek on each team to take care of it and quit jamming it down our throat! This sh-t may be the company goal but it sure isnt a goal of mine.