#company

It seems like the beginning of a trainwreck.

I was a part of NOV for 15 years. I made it up the management ladder.
I loved what I did for many years. Until the internal split the company made in 2012 or 2013. An accountant was put over our business unit. That was just stupid. so was bringing back the yes sir man back from Singapore
It all went downhill from there. the hardest decision I made was to leave my product line.
Now few years later I am happy and I am so glad I made the jump. I would recommend anyone that is currently employed with NOV get out while you can. The ship is sinking
lol the ship has already gone down. Counting down the days until you get laid off is not the way to live.

In 2008
I was told you train at NOV and when you decide you want to make real money you leave. Its not just about the money, but that is true.
The stress relief is the best part. No one telling me to do more with less.

Coming next week.

My manager told us that Optum Care on the west coast lost over a billion dollars last year, and that we have until the end of this year to break even. I can’t help but think that means layoffs.

• Amazon's job cuts to affect AWS, retail, HR units
• CEO Jassy attributes cuts to company culture, not financial or AI reasons
• Layoffs represent nearly 10% of Amazon's corporate workforce

https://www.reuters.com/business/world-at-work/amazon-plans-thousands-more-corporate-job-cuts-next-week-sources-say-2026-01-22/

I’m leaving. Too many days wondering if this is the life I’d have built for myself, no one to blame but me & my hope of brighter days that get increasingly dimmer.

Reorg. is helping. I don’t have bad news yet, but I know it’s coming. I’ve seen too many of the wrong types of people slither ahead, theyre now the next generation of decision makers. No visionaries, just folks who impressed the current and prior generation of bad decision makers.

I dream of the day I’m working at a company that buys up all of Shell’s valuable assets but none of their leadership.

Hearing directional change. Don't know what that means.

All of senior management. That’s why they are outsourcing

Nobody should be surprised Blackbaud is getting worse and worse. You literally have no excuses. Find anything better as soon as you can!

I left years ago and it‘s the best decision I‘ve ever made. Hearing about Mike‘s latest email is awful. You only have yourselves to blame if you keep your head in the sand and think either things will get better or you won’t be affected soon.

Everyone has an expiry date. Don‘t let them trigger it early on their terms.

Everyone in the company should do a sick call out!! Legally the company cannot make you attend a meeting or perform work( which is what a layoff meeting is) if you are out sick. It doesn’t change the end result— just messes their plans up, and gives you a sense of control in this.

There was a CEO named Whelan
Who set up his company for failing
They missed all their targets
We're punished by markets
Was surprised when Woods started wailing

Of course, under Alvind and the Pipmunks, IBM didn't make the top 10 companies to work for in the US, but maybe they were #1 in India for Alvind's National Vindaloo Curry Toilet Infrastructure. And don't forget the Krabanaugh contributions.

Link --> https://www.msn.com/en-us/money/careers/the-10-best-us-companies-to-work-for-in-2026-according-to-new-glassdoor-report/ar-AA1UEQqi?ocid=msedgntp

New thread to include but not limited to...
Financial (Market cap, earnings, debt load, %of short interest float, and of course, stock, stock, stock and more stonk!)
Various xerox initiatives that have led to past, present and future(?) demise (Product: 3D metal printers, Drupa 2008, Java UI?) Smooth movery of Fuji M00NING, Lean 6ix Sigma, HP, Lexmark debt deal sans ADF Roller assembly part numbers...)
Really too much more to list but will make another thread for, “Bottomless Word Salad via Leader Beanery.”

The RTO is a bunch of Horse_sh*t, if your team is not all in the same office.
But speaking as someone with 20+ years of experience, I learned a lot from watercooler conversations, hearing a hallway conversations or people in the next cube discussing something. New people working remotely miss out on a ton of extra learning. It's bad for them and it's bad for the company.
So, a respectful exec team would have been thoughtful about their ask.
Does it benefit you and your team if you are all together in the same office? When the answer is Yes, you should put your big boy/girl pants on and get your a-s into the office.
If you are all truly masters at what you do, you do not need to be in the office unless you are hiring young people to learn your craft and then yes, you should be in the office.
If the people being hired to eventually replace you on on a different continent; f'em.

Apparently there is a big PepsiCo brand PR announcement tomorrow. Anyone know what it could be?

Any weird blocks or interesting meeting titles today or tomorrow? I see one called program transitions later today.

What happened? Can anyone share how it went down?

Any updates ? It would have been done by now.

When a clown moves into a palace, he doesn't become a king; the palace becomes a circus.

Things have gone downhill ever since he started at Edward Jones.

Any word on layoffs in ECS?

Its time to short this pig down to a single digit mid-et.

Some anti-layoff in Virginia..

https://www.youtube.com/watch?v=A-lBRc4Qm0U

I’ve been in the Minneapolis office and it’s so empty. Are people taking PTO or did some managers actually care and give waivers due to the extreme cold and everything happening here? Personally my manager has not even pretended to care one bit or said anything

Let’s keep this thread for Wellmed only layoff updates

Please keep this thread alive by sharing any updates or new information. Let’s keep each other updated.

This layoff has a special experience. What a shameless Sr Director, Director and Sr Manager taking any position. These people are taking low level positions. Shame shame. What is your comment??

Email tomorrow? North America only?

July or September?

Does anyone know anything for sure ?

Are the gates at the FSC up or down today?

For anyone who has a large balance of Standout points (Point Perks program) you may want to use them now, just in case you get whacked over the next few weeks.

Aside from managers, any FOPS techs get hit yet?

Did they announce a VERP this year?
I know they did it in 2023 (I accepted), and it also happened in 2020 - pretty quietly with COVID going on... seems to happen every 3 - 4 years.

Wondering how many folks have lost their jobs. OPKS HQ hit pretty hard.

What do you all think of Mikes email this morning that he won't won't serve as chairman after his term is up? I got to believe that the rest of the board and Ammit wanted it that way. Maybe paving the way for a sale?

i.e. retire

I am considering joining Chase in the US, but is it full 5 days in office? I am coming from another company that is not fully 5 days in office. Do they track attendance here strictly?