#company

Let me know your plans working at this dump.

“A great railroad is not conquered from without until it has destroyed itself from within. “

BlackRoCk

Why has the WARN not submitted yet for the layoffs that happened last week.

We all know the company is collapsing, automating and outsourcing. Comcast Advertising is laying off everyone at all levels rapidly. Christ they laid off the GM last year and dismantled fulfillment and ad copy. Xfinity and Comcast Business are in turmoil as well. The whole company. If youre an actual employee like I am you know this. Its been crumbling for years. When I started 12 years ago it was at its peak imo. Recently they've been laying off every several months to avoid a mass fallout. Only this time it's going to be massive and unexpected, maybe not this month but definitely when the split occurs and after that point. It is what it is. They are not d-mb enough to tell us in advance. It will be unexpected as it's always been.

After all, I always considered Larry to be the king of vaporware sales. He's been doing that since writing DB software for his very first government customers. Nobody has more experience selling vapor than Larry and yet, somehow Scam's pitch passed the smell test. Go figure.

The guy has to be slipping cognitively. He decides to become a very late entry into an already over-inflated, over-hyped, non-proven, questionable market. Now here we are 12 months later and the economic forces are all finally converging against him - all because of his own poor judgement.

RIP Oracle.
RIP Larry.

https://www.golem.de/news/stellenabbau-neue-entlassungswelle-bei-nokia-in-europa-2610-214163.html

Any guesses? I think there will be a major change on the print side?

Are there several upstream ppl now in downstream like I see so many senior downstream ppl in Upstream roles. Is the reverse also true?

What is going on with the over subscriptions? Is the company and union negotiating a resolution to this? People have received an email stating it is being reviewed. How long does the process go on for?

Ticketmaster has implemented significant global workforce reductions, impacting approximately 350 employees across 25 countries. The layoffs primarily targeted engineering, product, and design departments, alongside a decrease in contractor roles. This strategic move aims to enhance prioritization and consolidate ownership within these key areas. Company leadership stated the restructuring is focused on long-term positioning and future initiatives rather than immediate performance. The executive team at Ticketmaster remains unchanged by these changes.

West Hollywood, California

https://www.ticketnews.com/2026/05/report-ticketmaster-cuts-global-staff-live-nation-earnings-report/

30k employees by Nov. 20th... ;_)

What have people heard about layoffs and earnings? Quiet role eliminations or a big announcement?

Tulenko destroyed this company. Worst CEO I have ever known. Clueless pompous a hole.

Netflix has replaced its Chief Content Officer, Bela Bajaria, following a significant workforce reduction. Bajaria, who had been with the company for a decade, will be succeeded by former Disney executive Peter Rice. This executive change occurs as Netflix faces investor pressure to produce more hit content and increase viewer engagement. The company's stock has seen a notable decline over the past year. These moves signal a strategic shift in response to market challenges and competition.

Los Angeles, California

https://www.latimes.com/entertainment-arts/business/story/2026-10-15/netflix-bela-bajaria-leaves-company-after-major-layoffs

I am one of those who have advanced career after being laid off from Q. My sincere advice to those finding jobs is that never post, share, or like any LinkedIn posts associated with politics. Those who review your cases are much more diverse than you think. Act smartly and remove any such footprints from your account. Sad to see that a junior candidate for my team was not given a chance due to this foolish mistake.

Really hoping this all turns out to be a big nothingburger.

Haven’t heard of any layoff as of yesterday p.m. Does anyone have numbers or locations?

My Lawd, what a waste of time. Wonder how much money we burned for this "enlightenment" training of AI.

Interestingly, I saw a posting from a pp executive recruiter for the following new roles. Sr Director Chief Risk Officer UK, Sr Director Head of EU Revenue Operations in Dublin, and Sr Director for, Head of EU Payment Operations and Strategy in Luxembourg. These are new roles which means new teams. How does this tie into layoffs and shrinking our workforce?

Oh dear , dear oh dear

With the sale of RAC and LightStream, the next logical target is Sheffield. Anyone hearing anything?

and that's just medical!
How many of us are going to get a raise that covers that!
What a pathetic company.
100% agreed and confirmed. Opentext Execs are a bunch of aholes

The Strategy. What is Cengage and what do we do? One voice one approach. and this guy JE he is so full of himself after 53 weeks being employed.

JE - Biggest challenges - how do we show up? Challenges what do we have in common what is our purpose. blah blah blah.... damn he talks so fast its like he's just trying to get through this stupid call.

That's the new thing!

Curious as an outsider what is actually made in Webster now. Any machines at all? Is there still a union there?

No layoffs for the foreseeable future , our CEO said our new plan will be built around our most important asset, our people

Rest easy people and collect that cheque

Where does it stop? Is the end goal to just outsource everything except management?

As expected didn’t take ML long to kick him out

Universal Music Group's MCA division has initiated significant layoffs. At least eight senior employees, including the COO, have been let go. This action impacts various departments, including promotion and e-commerce. The restructuring signals a shift within the company's operations. Further details on the extent of the changes are anticipated.

https://ramp247.com/label-love/umg-layoffs-reach-mca-staff/

New York, NY

Build a flying car

https://www.instagram.com/reel/Deien_7ONHV/?psln=dWtneWFkNG5nYXB5

Seriously, we think “spectrum” is our moat? Good luck.

It's failing in every way imaginable, including failing its employees and its customers. Smart people are already looking for a way out.

This is AT&T all over again when they laid off 28,000 people in less than 2 years. And quadrupled executive bonuses within that timeframe.

Barron's argues that Citigroup shares could rise approximately 30%, reaching $165 by mid-2027, as the bank's multiyear restructuring begins delivering stronger financial results. Under CEO Jane Fraser, Citi has simplified its operations, reduced costs, exited less-profitable businesses, and focused on improving shareholder returns. Despite these improvements, Citi remains the only major U.S. bank trading below its pre-2008 financial crisis peak. At approximately $127 per share, Citi trades at roughly 10 times expected 2027 earnings, making it one of the cheapest major banks. Some investors believe the company could eventually approach JPMorgan's profitability while trading at a substantially lower valuation.
The investment case centers on improving profitability, earnings growth, and operational efficiency. Citi's return on tangible common equity (ROTCE) is projected to increase from 7.7% in 2025 to 11.4% in 2026 and 12.2% in 2027, potentially reaching 15% by 2030. Earnings per share are expected to rise more than 60% in 2026 to $11.20, followed by another 14% increase to $12.79 in 2027. Citi's global payments business remains a major competitive strength, and the bank is gaining market share in large corporate mergers and acquisitions. Additional improvements could come from divesting its Mexican operations, reducing regulatory capital requirements, and continuing to streamline its organizational structure.
Despite the optimistic outlook, Citi faces meaningful risks, including regulatory scrutiny, consumer credit exposure, economic uncertainty, and the possibility that its stock already reflects much of the anticipated turnaround. Its credit card and consumer banking operations remain sensitive to weakening household finances, while profitability and balance-sheet quality still trail stronger competitors. Nevertheless, analysts and portfolio managers cited by Barron's believe Citi's restructuring has substantial room to deliver additional benefits. Morgan Stanley projects a $164 share price, while technical analysis suggests $165 is achievable by mid-2027. The central argument is that Citi does not need to become the best-performing bank to generate attractive shareholder returns. It only needs to continue closing the profitability and valuation gap with its peers.

www.barrons.com/articles/buy-citigroup-stock-trail-financials-3da35db6

Does anyone know if layoffs are coming to the cybersecurity org specifically?

Us folks at the health plans would be interested if anyone wants to share the highlights/lowlights.

I always get a bit of a chuckle out of those LinkedIn posts from university students talking about what an amazing summer internship they had at Enbridge.

Then I notice the last name looks awfully familiar. Sure enough, scroll down to the comments and there’s Mom or Dad, who happens to be a VP or SVP at Enbridge, saying something like, “So proud of you and all your hard work!”

I’m not suggesting these students aren’t capable or didn’t work hard. But you have to wonder how many equally talented students without family connections ever had the same opportunity in the first place.

It’s not a great look for a company that talks so much about fairness, equal opportunity and hiring the best people for the job.

If we heard nothing about layoffs so far today, I doubt we'll hear anything for the rest of the day. Another false alarm, I think.

I've heard rumors going back a few years that employees will eventually be required to work in the same location as their manager. Is this still the plan?