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Metropolitan Opera Announces Layoffs

The Metropolitan Opera announced layoffs and salary reductions for executives. A new production for the 2026-27 season will also be postponed. The company is considering selling naming rights to its theater. It may also sell two Chagall murals, which would remain in the building.

https://operawire.com/metropolitan-opera-announces-layoffs-salary-cuts-postponement-of-a-new-production/


Ok now this is funny.

There’s articles out there now that mentions future layoffs at Citi if you can imagine that but the twist on it is that it mentions focusing on MD and directors as the target.

The funny part is that before these articles this board was littered with, in my opinion, manager and HR replies heckling other people’s posts or cheerleading Citi as an awesome place that its not so bad on and on.

Now since those articles, you don’t hear all of that rhetoric. I guess since they are now on the chopping block, its a different story. Its all quiet now from those people. I mean, what’s changed? Where did all of the Citi cheerleaders go?


Cronyism at highest level

Head of a BU (L1) appointing his old (kisser) report to be the head (L3) of a highly technical domain which the kisser has no education, training and experience.

I'm not talking about the old head of HR with engineering background moving to a business role in wealth which you may say she just get this extradentary business sense that makes her a perfect fit. I'm talking about the reverse: a leader of low tech appointed to be the leader of high tech which Fido desperately needs some external leadership.

I guess it doesn't rise to the level of unethical behavior on the L1's part, but apparently he either is so d-mb or just doesn't care about the wellness of Fidelity. How can I lodge an complaint? Chairman's Line? As DARN won't work since the L1 is up on my report chain. I don't particularly care about my career in Fidelity as can't wait to get out of here after my fifth anniversary after all things vests.

Mobility for the bottom echelon is a joke at Fidelity I know for a while. Every time those
"leaders" invoke the word "mobility" I chuckle. This appointment just once more affirms that mobility is only for the higher ups at Fido!


Rick Rieder’s Commitment to America

With Rick Rieder poised to become the next Federal Reserve Chair, the direction of U.S. economic policy is no longer ambiguous. He has stated repeatedly and publicly that the American job market must be protected and strengthened, and that current interest rate policy has already harmed job creation for American workers. This is a clear signal that domestic employment is now a top national priority.
If BlackRock truly stands by its claim that it “cares about America,” then this moment demands action—not slogans. Corporate patriotism must be reflected in hiring decisions, especially at a time when millions of capable Americans are seeking stable, well-paying jobs.
BlackRock currently employs a substantial number of H-1B visa holders in roles that do not require rare or irreplaceable skills. These are jobs that qualified American workers can and should be doing. Continuing to rely on foreign labor in such roles directly undermines the stated goal of strengthening the U.S. workforce and suppresses opportunities for American citizens.
The conclusion is straightforward: BlackRock should phase out foreign workers in roles Americans can perform and fill those positions with American workers. Anything less is inconsistent with both the priorities articulated by the incoming Federal Reserve Chair and BlackRock’s own claims of commitment to the United States.
If BlackRock wants to be seen as aligned with America’s economic future, it must put American workers first—clearly, deliberately, and immediately.


Directors who cant spell basic words right

Verizon downfall can be easily summed up. Cant post work emails here but 90% of these foreign born directors (guess what country?) cannot spell basic first grade words right. Do they forget that VZ has gemini built into google workspace for a few years now??? Its as simple as hitting autocorrect. Who is hiring these lazy directors.

End H1Bs now!


If you see me quiet at work i am not anti social... i am merely mourning the original cast?!

Guys have you ever been in a workplace where all the original coworkers have left and you are the only one who remembers season one like a walking histroy???
now it feels like season four with new charactors and wierd energy and everyone asks questions you learned in colege years ago??
inside jokes are gone group chats vanished and the one co worker who made it tolerable was written off and i definately felt it!!
So you stand there smiling while new hires are enthuastic and say they love it here even though it was better before the reboot!!!

you keep doing the job you know where everything is how things really work and no one asked for that so you just watch them learn the hard way and never recieve credit...
it feels odd to be the last extra who survived too many seasons here for the paychek and thier stories..

If you see me quiet at work i am not anti social i am mourning the original cast?!
.... season one was elite and season four is just showing up for the check.


The obvious

Zuckerberg paid 1 hire $1.5 BILLION.

Then laid off 600 long-term employees.

The hire? Andrew Tulloch from Thinking Machines Lab, an AI research monster.

This just reinforces the obvious:
Companies do what’s best for them.

Here's what I noticed when working at Nokia Networks:

You’re a cell in a spreadsheet with a dollar value attached.

They highlight your row, hit delete, and you’re gone.
A state of constant stress and instabilility.

The worst part?
The leadership team enjoyed it:

During headcount meetings I heard a VP utter:
"cool they'll work harder with the news"

So do what’s best for you.
Build something you own.


????

Management feeling now they actually have to do some actual work... no more sitting at a desk acting like you are working.

Wonder if management were tested on knowing job functions listed how many would pass? the company saved laying off management? i hear they are happy and plan on AI management lol


MSU Call Feedback

So far, who’s buying this BS ???

Same old CSA marketing vomit being upchucked. Camera & copier story but your here to support other groups ? Thanks for another original idea Marketing. It’s amazing how you all can continue to get promoted and paid more for the same old stuff.


I don't believe a single word he says

“I recognize the weight of this news, particularly as it follows the organizational changes we made last year,” Anagnost wrote. “I want to be clear that this will not become an annual process at Autodesk and these changes are not driven by the external environment or an effort to replace people with AI.”

https://www.sfgate.com/tech/article/sf-autodesk-ceo-layoffs-21309689.php


This Is What Value Destruction Looks Like

Since the notorious 8/1 email, the stock is down 16%. In just the first month of this year, it’s already down 6%. That’s not volatility or bad luck, it’s sustained value destruction.

Billions lost on bad acquisitions, billions spent on buybacks at higher prices, rising operating costs from rigid RTO and unnecessary real estate, and now plans for even more capital intensive projects. None of it has produced better execution, stronger cash flow, or improved shareholder returns. The market sees it and has rejected it.

RTO didn’t create culture or discipline. It increased costs without creating value. You can’t talk your way into confidence or mandate your way into performance. Investors don’t reward slogans or control. They reward results. And the results, both in stock price and capital efficiency, are undeniable.


Best thing I did was leave NOV

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.


Favouritism and how does it end??

There has been blatant favouritism going on since past two years within our team.

This manager has been dangling the carrot right in front of me in the name of opportunities, yet has never recognized me for my efforts.

All while pushing this pet on my a$$ to "learn my tasks"

What's that supposed to mean for me?


Post pandemic

We’re definitely far removed from the Covid pandemic, and it’s gone back to how it was pre March 2020. Employees are coming into office sick due to fear of corrective action for attendance or not meeting the 4 day RTO requirement. But we need to build that culture, which is 100% BS by the way.


Intel still paying for Pat's shopping spree

IDM 2.0 was never a bad idea. In fact, it was necessary to save the manufacturing side of the company. But Pat’s mistake was investing in fabs before fixing yield and before we could reliably produce competitive chips for our own products again.
Lip-Bu Tan is doing all the right things to right-size the ship and inject discipline back into the company. I expect we will soon see changes to the focal process to align with that expectation from employees. But none of it means anything if yield does not reach industry-leading levels.

The fixed costs of underutilized fabs designed for future yields and future customers are ki-ling our bottom line and shortening the runway to get us there. If not for the investments Intel received last year, it would be over already.


Amazon plans thousands more corporate job cuts next week

  • 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/


Worst Leadership Team Ever

I’ve been around long enough to see multiple versions of Nike’s SLT come and go. This one is easily the worst. Even with natural turnover over the years, I’ve never seen a group this ineffective or directionless. There’s no real vision, no sense of how to move the company forward. Even the person at the top seems to be winging it. Hard to see how this ends well. The company feels beyond saving.


Engineering Career Over

I'm in tech. Involuntarily moved to a different team with an entirely different stack for the year. Umm I don't know how to code in their language. I'm expected to just start contributing right away. Like... What? So I have busted my a-s for years here, fixed tons of other peoples' mistakes to keep the lights on before anyone in BL can notice. Always good reviews. Sure people don't like my personality sometimes but you know what I always deliver. If I lead a project it completes on time and on budget while others flail around & never deliver. I've not been promoted in years & my career has stagnated - now this. Go code in this totally unfamiliar stack & fail at it & then come back later to my original team? It's fcking insulting af, there's no way I'll last that long, I'm set-up to fail. This place is so demoralizing & dehumanizing I should have bolted long ago but now... The economy is so flooded by laid-off Americans due to Indian replacement & outsourcing to India (& they only hire other Indians, happened to me even internally wheh I foolishly tried to help myself to move-up) I'll likely never be an engineer again or have any kind of financial security. This su-ks. It's worse for the MANAGERS they picked for this who are now listed as line engineers on the project. I can't even imagine their headspace right now. I DON'T KNOW HOW TO CODE THIS OTHER TEAM'S PROJECTS WTF. I'm going to try to make it work by focusing-on aspects of their tech I do know, but jesus this is senselessly stressful & I can't help but look at it as anything other than pushing me out by claiming I couldn't contribute enough - because I don't know the fcking stack. Just outrageous shenanigans here. I'm so sc--wed.


I dream of the day

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.