#company

How did we go three more months with no information or meaningful layoffs? This seems weird to me given the original timelines mentioned.

EyePoint announced significant layoffs affecting approximately 53% of its workforce following a disappointing clinical trial result. The company's experimental eye treatment, DURAVYU, failed to meet its primary endpoint in a Phase 3 study for wet age-related macular degeneration. This setback has led EyePoint to reallocate resources towards its diabetic macular edema program. The company anticipates these reductions will yield substantial annualized savings. Jefferies downgraded the stock and drastically cut its price target due to the trial disappointment.

https://www.barchart.com/story/news/8206671/eypt-stock-layoffs-what-to-know-about-the-latest-eyepoint-job-cuts

Do we finally have a ceo who is dealing with the weight of the top shelf? Are fall 26 layoffs exec level? What is happening?

https://www.mediapost.com/publications/article/418816/mrc-revokes-denies-nearly-two-dozen-nielsen-ppm-m.html

We were advised in risk regarding layoffs on the first week in September to expect an update due to the external company needing to review the org ; between 6-8 weeks time for risk. Has anyone heard if this is still to be expected ? Should we hear by the end of October?

It’s just all ads for cr-ppy companies. I tried to send money and bank not go to a carnival looking to get a tshirt for 10% off.

Anyone file for UIdue to turning down relocation? Company contested it. What did you state in response?
By laws in my state I’m entitled to UI if the company moves X number of miles. I didn’t accept the relocation package.
I can’t afford to hire an attorney and the company knows that it’s lopsided.

Anyone know if HR is outsourced? Seems many are now.

Too many changes in fees. Not the same company I started at!

I find our ads business pseudo-sleazy

https://www.beet.tv/2026/10/advertisers-must-find-the-friend-who-pays-for-everyone-paypal-ads-asaf-davidov.html

Rumors are east coast just got a lot more parking spots..... and temporarily less represented.

Look at Block

What exactly were the protests at 3M center today about?

Not that there isn’t enough to go off of.

Everyone saying we haven't had confirmation needs to wake up fast. The company is losing close to 500k subs a quarter and its increasing close to the millions. Stocks are worth nothing. Thats all you need to know. Stop waiting for answers you won't get until it's too late. We all know their strategy.

How do you answer that in an interview, without sounding like you were fed an answer by ChatGPT?

Make it make sense. Forcing many Directors and GPO’s to travel to India early 2027 to meet with the rebadged teams now reporting to Accenture. What a waste of money and time when the stock has fallen each year. Not senior executives meeting with key Accenture personnel to discuss planning, execution or personnel changes but regular Directors meeting with teams that do not report or indirectly report to them. Good job FIS!

Eisman @18:53: "Wells Fargo has a history of occasionally disappointing and did so once again....Wells Fargo has not grown revenue in multiple quarters. The company seems to have trouble growing its revenue. If you are looking at investing in a large bank, this is not the one I would look at."

Gee, maybe because the c-suite is more focused on 8 hr butt-in-chair productivity metrics than growing revenue?

Why would an employee row for a company that's mostly focused on getting the oarsmen and oarswomen to walk the plank?

https://youtu.be/y45yqiCdfI4

Heard there was a drop of layoffs today affecting TES? Anyone know what's going on

PayPal takes the top award.

Its funny seeing the LinkedIn posts of all the new joiners. FactSet was ok with getting rid of senior people who made the company what it is

Has anyone been successful getting another role within the company? Is Centene actively interviewing current employees.

Very confused. It was non stop talk a few weeks ago and more a month ago. Still nothing though.

https://investingnews.com/starteepo-sends-letter-to-xerox-board-in-advance-of-third-quarter-earnings/

They sent a letter to the board:

As we have made clear in our discussions with management and in our public communications, we expect Xerox to use its upcoming third-quarter results announcement on October 29, 2026, to update shareholders regarding certain crucial initiatives.

The Crumbl cookie chain has closed at least 57 locations nationwide in 2026 due to financial challenges. Co-founders stepped down in May, and the company reported a significant decline in sales and traffic. Layoffs have affected employees and franchise support staff. While closures have occurred in states like Alabama, Florida, and Kentucky, no Michigan locations have been announced as affected.

Michigan

https://www.freep.com/story/entertainment/dining/2026/10/19/michigan-closing-crumbl-stores-cuts-layoffs-sales/92326461007/

Layoffs to happen again in Q2 and every year after until comcast is bought or merges.

Well that was a waste of an hour.

CFO is leaving? Is this a bad sign?

Imagine having to beg for a tablecloth to do community days or having to drive hours to meet a peer to get one. This company is a JOKE.

Any idea why DXC's stock price has gone up from ~8 in May to ~14 now?

While we all know how the company is performing from the inside, wonder what is making investors confident that is spiking up the share price to this level?

How does just making announcements on deploying AI and making deals with anthropic alone lead to such spikes when historically the company has shown poor performance?

So I was reading company email last and see another VP is retiring! Man ain’t it ashame, when anyone else retires in the company that’s not an A$$ kisser, no email about there retirement of thank you! AT&T , what you gotta say! Sounds like Walmart for sure

I am hearing rumors that there will be another VSP in December 2026. Does anyone know if there is any truth to that?

Some serious questions have to be asked

OPS All Hands (non-exempt) today in Malabar.
“Update on job structure and career paths in operations”

This isn’t going to be good.

I think they'll let us live in suspense for a while, hoping many will quit on their own to escape the stress. It's been done many times by many companies and I'm pretty sure this "leadership" will use the same playbook.

I just stepped down from a store management position. Don’t believe anything you are told. It’s all lies. Every bit of it. Belk is struggling to stay relevant in this day and age. Does Belk look like it’s progressing? The only thing they have managed to do this year is close stores and lay off folks. Real talk.