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Binance CEO Confirms No Mass Layoffs Amid Tech Cuts

Binance co-chief executive Yi He announced no significant layoffs are planned. This stance differs from many tech firms cutting jobs. Binance instead prioritizes new hires and global expansion. The company aims to reach three billion users worldwide. Yi He views AI as a productivity enhancer, not a job replacer.

https://stocktwits.com/news-articles/markets/cryptocurrency/binance-ceo-says-no-large-scale-layoffs-planned-amid-ai-job-cuts/cZBdgYuRIzB


Mad Cave Studios Implements Layoffs

Mad Cave Studios recently laid off several employees. This included senior editors and marketing staff members. The company's president, Mark Irwin, cited the need for long-term health. He stated the changes allow for resilience and strategic investment. These layoffs follow similar staff reductions at Marvel Comics.

https://bleedingcool.com/comics/mad-cave-lays-off-editors-marketers-its-president-tells-us-why/


NIKE IS PLAYING PREVENT DEFENCE!!

any company in the world, after certain growth it becomes mature, lackadaisical, entitled, and full of you know what! That is where Nike is and stuck!!
Unable to crawl out of sh4t pile that they slipped and fell.

EH just joined Nike when they came out with "Just Do It" campaign because they were young and hungry while living on the edge. Now, JDI means how to print on the T=shirt and sell it for $25.00 when it cost only $3.00 to produce.

Nike only know how to play prevent defense and that will prevent you from winning.
According to dearly departed John Madden


confidentiality and non-solicitation agreement.

Has anyone NOT signed their agreement? I wonder who all received this agreement- was it the entire company?

I received a wonderful, threatening email today saying we have to sign by 6/30 or you will not be eligible to receive pending or future LTI awards. I’m a bit confused why this is being rolled out now. No new role, no new job, not even customer facing. Simply put: I don’t believe this is even applicable to our role but there is definitely triggering language in there NOT specific to customers rather generally speaking ‘confidential information’ which seems like they are trying to give employees a gag order for retaining/documenting information (not customer related) to protect themselves by preventing employees from documenting their shady ways. Curious your thoughts….


Advice

Windstream/Kinetic employee here looking for advice or feedback on all your former leaders coming over here. They are not making friends and ripping the company that we spent nearly a decade building apart. They have come in like a wrecking ball and it seems if you are not part of their inner circle then you don’t mean anything to them. They might be smart folks but their people skills are awful and the only opinions they care about are their buddies they brought over. Are you happy they are gone or do you miss them? Help me understand my future lol


Tariff Refunds

Now that the Tariff refund portal is open for the as-deemed unconstitutional, "Liberation Day / Reciprocal Tariffs" from a year ago, Canon USA will be fully eligible for likely hundreds of millions in refunds for all the imports from Japan. We know those refunds won't go to the end users (because only Costco is apparently doing that). But the question is, will the employees see any of that? Or will it all just go into Canon coffers as backdated profits to make the shareholders happy?

Sadly, I think we know the answer...


IT Companies Announce Significant Job Cuts Early 2026

Over 73,200 jobs were cut across 95 IT companies in Q1 2026. The Walt Disney Company, Meta Platforms, Oracle, and Snap Inc. announced major layoffs. Disney is preparing to eliminate approximately 1,000 positions. Meta reduced 700 roles and plans further cuts in California. Oracle Corporation intends to cut 20,000 to 30,000 jobs globally.

https://www.thestatesman.com/business/over-73200-it-layoffs-recorded-in-first-3-months-of-2026-1503583644.html/amp


Industrial Plastics Group Cuts 74 Jobs

Industrial Plastics Group LLC laid off 74 employees. The company is located in Pickens County, South Carolina. Its address matches a TaylorMade golf ball factory. The layoffs took effect on April 10. Officials and the company offered no comment.

Liberty, South Carolina

https://www.postandcourier.com/greenville/news/pickens-county-company-lays-off-workers/article_f9d8d6ff-4d1a-4cab-b0f0-46c07fb41627.html


The difference between healthy and sick

Watch how a company makes money. If they're healthy, they invest, they grow, they expand. Profits come from doing more. If they're sick, they cut. They restructure, they lay off, they squeeze. Profits come from doing less with fewer people. That tells you everything about where AT&T really stands.