#company

Gotta love how these companies do layoffs.
No one tells you the notification timeline or process to determine whether safe or not

So glad not a new hire or a person with 30 years to work

Where do you get money after layoffs to buy shitTel?? Who is actually buying shitTel ?

Verizon announced new layoffs affecting several hundred U.S. employees. These cuts follow a larger reduction of 13,000 roles less than six months ago. The company aims to achieve $5 billion in operating expense cuts by 2026. This restructuring is part of a broader strategy for cost savings and efficiency. Verizon also reported strong first-quarter growth and expanded its fiber network.

https://www.zacks.com/stock/news/2921385/verizon-announces-new-layoffs-as-cost-cutting-continues-into-2026

Am I the only one feeling that the NetIQ has terrible interface design and is terrible to use?

Let’s see how Dennis Mathew spins the stock below $1.00 during his Town Hall meeting today. I suspect won’t even be brought up.

https://www.youtube.com/watch?v=gHD9ZONhuAE

The tide has turned, The stock price is beginning to recover and the future is bright

We have shrank and are now hiring and returning to growth

“Annuals checks to begin soon” Another way to weed out people instead of laying off. I get it’s in the employment contract but I’ve never got this email all the years I’ve worked here.

June 10th is the next wave for Tampa and NY.

The new head of strategy was supposed to retire after the Hess integration. Why didn’t he? Is it because we don’t have anyone else capable?

I've watched hardworking, competent people get lower ratings than they deserved, then get laid off as soon as possible. It's not about your value. It's about cutting costs.

Here we go again

Fewer than 10 of our team were cut (US team, not going to DOX myself). The remaining department are breathing a sigh of relief right now.

So today those that requested VRIF get told yes or no. It is mid afternoon in Europe already and still silence. I guess they are going to push the 14th May date to be as late as possible in the day just to be “respectful” which is how Louis described the process would be.

Anything happening in sales?

Congratulations to the team all over LinkedIn, we are so proud of each other. So exciting.

Microsoft-owned LinkedIn will lay off approximately 5% of its global workforce. This reduction affects around 875 employees out of 17,500 staff. The company is reorganizing teams to focus on core business growth areas. A spokesperson confirmed these organizational changes are part of business planning. LinkedIn's revenue increased by 12% in the last quarter.

https://siliconangle.com/2026/05/13/linkedin-experience-company-wide-layoffs/

country/region would be good too

What’s happening there ?

I am about to be let go from a group that was supporting a mature, well-known product that should have been practically free money for Cisco. Instead, it was a source of constant agony for customers who suffered numerous outages, resulting in angry phone calls. What do you think people like this think when they read the news? Time to pick another vendor.

I feel bad for my fellow employees today, but I feel just as bad for customers who have unwisely entered into contracts for this bottom-feeding outsource chop-shop.

https://www.devdiscourse.com/article/headlines/3907833-intels-grand-reentry-into-formula-one-sponsorship

Looks like Intel is rich now. Employee going to get big bonus this year?

Perhaps it was already discussed here. Does anyone know if they truly track based on 8 hours in office? Or it can be 6 or 7? Any insight please and thank you.

Any thoughts abour possible surprises at this weeks townhall?

Just pulled into a meeting, more layoffs for remote people to support the “client first initiative” clients need us in the office.

More layoffs coming but they started this morning.

any Vteamers want to chime in? Feel free to express your concerns or complaints?

honest and real feedback wanted!

Heard he's real buttocks hurt over it. Thought he paid enough to get a tix.

The lack of major layoffs is for paramount employees. WB will be decimated. There are few jobs here that is not completely redundant at paramount. WB should have bought paramount not the other way around. To the victor belong the spoils.

Now that the finish line is getting closer, do we think this is true?

Looks like employees manager level and below will have to start logging their activities for a “time study.”

I was laid off after more than 15 years at Wells. I survived the previous rounds, but I was finally caught up. Our CEO made it no secret this would continue through 2026. Each round I survived I had a little hope. Make no mistake it doesn't matter if you are a top performer or not. I have seen top talent just be let go over and over. It will continue.

I knew this might be a possibility, so I have been looking for jobs for months. It's been scary with this economy and job market. No bites. Had resume reviewed, joined job boards, joined talent agency/groups. The only thing that has come up is short term contracts but no real bites. Ageism is real and it's scary as he-l. All I can do is keep trying, take some time to up-skill and get some additional feathers in my resume cap, but I would be lying if I didn't say this job market is brutal.

Make no mistake. Wells doesn't care about the loyalty and commitment you have shown to them no matter how many years of service. Your performance isn't a guarantee either. Over the years I have jumped when Wells said jump. Traveled more than I can remember, worked nights, worked weekends, putting in 50-hour work weeks. Been a repeated top performer. They expect loyalty from you but don't expect loyalty in return. Don't be fooled. None if it matters in the end. You are just a number to Wells.

https://www.fox13seattle.com/news/starbucks-seattle-summer-layoffs

What are the chances CDW goes private again or gets bought out by a larger company or private equity group?

Has anyone noticed the updates to our dress code? I’m curious if HBAs will be required to comply???

Anyone have more insight into the current one company job shifts?

No chance that everybody affected has already been notified?

Layoffs are 100% confirmed: Anyone at this site who spends every day waiting for a meeting about being let go, anyone who no longer wants to work at Cisco, anyone who only complains about management despite the company reaching record-high stock prices, or anyone who has simply lost motivation is free to leave Cisco.

Please do not waste company resources or other people’s time. If you are ready to move on, do so now.

There are thousands of talented people with fire in their eyes who have been struggling for a long time to find an opportunity. Give them your place, and go in peace.

Likely a week from today

What's the most likely outcome ? Just a content only company ? Bought by PE? A collapse ?