#company

Heads up

Seems like yes layoffs are coming at some point based on what Lanell is saying. A lot of language around "roles shifting" and that "decisions will be made as we learn more"

Between that and AI this company is really trying it's absolute hardest to run itself into the ground.

It's stunning to see longtime employees, people who dedicated their careers here, get pushed out with no consideration. And now there's so much more to come. What happened to this place?

https://www.cnbc.com/amp/2026/07/09/goldman-sachs-asset-management-deals-verizon-lockheed-martin.html

I keep hearing that future severance packages might get cut. Is that actually likely? The current terms seem reasonable to me.

I've been struggling with motivation lately and I think I know why. I've been seeing the people who work the hardest get laid off while the ones who barely contribute get to keep their jobs. It doesn't matter how well you perform, you're just as likely to be cut. Why should anyone care about doing a good job when effort isn't rewarded?

From Bloomberg (paywalled)

“You really don’t need the latest cutting-edge, incredibly expensive model to summarize an analyst report,” Chief Financial Officer Jeremy Barnum said on an analyst call Tuesday after the firm reported its second-quarter results. “So the idea is use the right model for the right purpose.”

bwahahahahahaha.

Charlie Scharf: oh yeah? Hold my beer while I tokenmaxx.

We desperately need more people, we're dying over here, but we're being told nobody is being hired currently. Is this true? I haven't heard anything about a hiring freeze happening.

Curious, if any other people leaders have been informed on those that requested the VSP yet. And if so, how is that process going?

Why

Are a lot of people taking it?

Anyone the it will offered again?

What’s the Reorg look like after?

Anyone know if the Tech Mahindra contract for infrastructure is getting renewed or how long is the contract for?

For those who previously worked at CDW, I’d appreciate hearing which VAR you’ve joined and how your experience compares to your time at CDW. Many of us are exploring opportunities within VAR organizations that place a stronger emphasis on coworker value and overall culture, and your insight would be extremely helpful.

Morgan Stanley is vacating Jersey City location by EOY. Does anyone have more information?

It got corrected

but does anyone ever see Kate J come right out and address the many layoffs over the past few weeks, or just continue to RIF more workers every month until she feels the time is right to sell off the remaining parts ?

Out of nowhere one of the VPs in OCI was let go and the team under him have no clue what’s going on. It’s this standard practice?

This call taking place right now just further justifies why she needs to go.

Well, the big kickoff is underwhelming.

I wasn't expecting an episode of the view right out of the gate. I would've expected this later this afternoon.

Good lord, we're such a woke, gynocentric mess. I gotta get outta here.

Wonder if I can get a useful gig like driving a truck.

CEO at Zayo

thought it would be all the fake accounts right? guess again su-kers.

Next week there is an ice cream social in Hop. They laid off thousands of people with a stock price of over $450 a share. They’re going to lay off more people in August and Nov.

They’re going to give you an ice cream social. If you are reading this and are in Hopkinton, don’t go. F*ck those guys, they’re the most greedy little pr!cks I’ve ever seen in my life.

Everything went to sh!t once Arthur took over.

They can’t placate us with ice cream. Think about how insulting that is for a second.

Not a bonus, not an increase in your salary for doing great work, not stock, but F*cking ice cream.

Show them your disgust. Don’t go.

Procter & Gamble is planning to eliminate up to 7,000 non-manufacturing positions by fiscal year 2027. This significant workforce reduction is intended to help the company manage increasing tariff costs and streamline its operations. The cuts will primarily affect office and support staff, not those involved in production or factory work. This strategic move aims to improve cost productivity and maintain margins amidst external economic pressures. The company will focus on redeploying savings into growth, brand building, and innovation initiatives.

https://finance.yahoo.com/markets/stocks/articles/procter-gamble-pg-plans-7-190737889.html

What’s the progress? Anybody been there recently? Is T sleeping on it or being fast tracked?

Brookshire Grocery Company is closing four of its stores this month. The affected locations are in Ashdown, Arkansas; Rayville, Louisiana; Winnfield, Louisiana; and Grambling, Louisiana. These closures follow an evaluation of the company's retail footprint. Employees have been offered positions at other Brookshire stores. Customers can still redeem fuel points at remaining locations.

Ashdown, Arkansas

https://www.the-sun.com/money/16668080/brookshire-closing-stores-arkansas-louisiana/

People keep posting that they are safe from layoffs.

Just got my PDS review and told that I was going to be terminated immediately as I had already been on a PIP within the last 5 years under the MLRP scheme

Was told that I would not be getting my retrenchment package initally promised for 4Q26

Company using PIP/PIL program to rob employees of their retrenchment packages. Watch out

Merck KGaA's U.S. research division is implementing a mandatory three-day-a-week in-office policy for its R&D staff. This new requirement applies to employees previously hired for remote work. Those unwilling to relocate or commute to the Billerica office will face potential layoffs. The company is offering relocation assistance to affected employees. Up to seventy individuals may be impacted by this policy change.

Billerica, Massachusetts

https://www.fiercebiotech.com/biotech/merck-kgaa-institutes-office-requirement-us-research-team-could-lead-70-layoffs

https://finance.yahoo.com/markets/stocks/articles/cisco-csco-eyes-sentinelone-italy-061043025.html

If you post about the misandry at Cummins stating facts....it gets deleted. Strange.

Many years ago when I heard some of my friends had landed jobs at Cisco I thought "wow Cisco is smart to hire them". I even considered buying the stock.

All of them got laid off.

So when Cisco bought the company I worked for I already knew what was coming. The day the deal was announced I should have updated my resume and left. But I stayed anyway. I lasted longer than I expected but those years were mostly wasted.

I watched good friends and talented people get cut. After about a year I made a decision. I was done working extra hours or giving my soul to the company. If someone asked where I worked I would say Cisco but I always added that it was not the company it used to be back in the 90s. These days I even wonder if it was ever really that great.

In the end I gave them way less than my best effort. Sometimes I felt guilty about it. Then I would see someone busting their a** working weekends and late nights only to get laid off anyway. That made the message pretty clear.

Now it is my turn to be let go and I am still not sure which path was better. Should you work hard on principle even when the system does not care? Or do you push back against a machine that punishes loyalty?

I used every bit of that unlimited PTO. I never worked extra hours. Part of me is glad I fought the system in my own small way.

The other part wonders if it would have been better to go down still believing in the mission like Old Major in Animal Farm.

I know, share price means nothing.

GOOD NEWS: Xerox Wins Maryland DocuShare Contract to Keep State Document Systems Running ( Google this!)

Fonts and Colors. And has an army of yes people to crack the whip. Spent more time walking the line activities than driving OI there. Total knucklehead operation.

The waiting is excruciating. So ready to go. And no I am not just gonna leave just here for support. Centene is not the same anymore.

The dark cloud is upon us.

Many from my UK team have been silently let go, and the remaining are looking to jump ship.

While I suspect the July 16th date is accurate, I believe VZ upper management is leveraging this platform to foster an environment of anxiety. This narrative feels designed to artificially drive up productivity and force compliance through job insecurity. We should anticipate VZ to run continuous fake info such as these supposed fake weekly upcoming layoffs. My strongest recommendation is to disconnect from this forum and proactively channel your energy into finding a better opportunity elsewhere. This is my last time ever opening this site. This is a psyop. Wake up.