Stock has done nothing in 5 years. I'm surprised the they haven't started selling more parts of the company. Typical of tanking companies.
Posts mentioning hashtag #divestiture
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Mention #divestiture in your post to continue the discussion!
Pharm systems - is it being sold off?
Mike Garrison is leaving BD “retiring”, the projects are not doing well.. what’s happening to that business? No leaders can stay
What is happening with Patient Care Solutions?
Patient Care Solutions saw a YOY change of -13.3% and a net loss of 26 Million (EIBT). GE Healthcare is officially reviewing all strategic options
#ThatsAGoodQuestion #ThisIsShell
I’ll go first:
Q: Why did Shell exit Guyana?
A: #ThatsAGoodQuestion #ThisIsShell
Ca-ching
First Marcellus, now, EF and Powder. That’s 12 billion in divestitures. Take that to the bank.
Still won’t help the share price.
Is Cigna planning to sell the Dental business?
In the past 6 months many people have been laid off, including some of our best leaders. We’re seriously understaffed now. Also, there is NO investment in this business and our IT portfolio has been cut to the bone. I never hear Sean C. even talk about Dental and he doesn’t seem to meet with Dental team members. I’m not even sure who’s really in charge now. There are no signs of real leadership anymore and the communication is terrible.
This used to be a great, highly profitable business with great employees. But it’s a pathetic shell of that now. This all makes me wonder if it is being stripped down in preparation for being sold, like IFP, Medicare and (soon) EviCore. Am I missing something?
OpenText is the worst company ever!
This company is the worst ever. They have no clue what they are doing. SMBC is for sale, probably sold already. Just let us go already. I'm not giving in though; they are going to pay me severance. Treating people like sh!t is going to work, and they aren't going to voluntarily leave.
Latest update
It sounds like everything is out now.
We sold a significant amount of doors to the agents... The good news is, those employees will have a job. I’m told we’re keeping a thousand corporate doors and that my team and I are safe for at least 3 years, do we trust that? Looks like operations took a significant hit, who is going to do that work?
Overall, I feel lucky, but feel awful for anyone who is impacted.
US wireless carrier Verizon to sell 274 stores, lay off another 500 corporate employees
https://www.reuters.com/business/world-at-work/verizon-shed-274-stores-lay-off-another-500-corporate-employees-2026-07-16/
July 16 (Reuters) - U.S. wireless carrier Verizon (VZ.N), opens new tab said on Thursday it will sell 274 company-owned retail locations and cut about 500 corporate jobs as part of its restructuring.
The moves will affect about 3,000 retail and corporate employees. Verizon will own 1,000 stores after the sale, effective August 16. Verizon eliminated several hundred jobs in May after announcing in November it was cutting more than 13,000 jobs in its largest single round of layoffs.
If you have the invite for 3:30 from Jenny
It’s to diverse your store got confirmation blood bath
Oregon?
Anyone know what stores are closing or divesting?
california layoffs
has anyone heard of any stores in california closing or turning indirect?
New York stores being impacted tomorrow list inside
From another district and just got off a call these stores will be impacted and or going to indirect with options to either take the package or continue with indirect once fully transforms
New York / Long Island
Lawerence
Manhasset
Rockville center
57th and broadway
Are all stores being divested?
Are all the stores getting divested or are there stores that will just simply be closed? Have all the stores in East Region been notified?
VZW STL CLOSURES
St. Peters, Creve Coeur, & Kirkwood are divested!!!!!
Notification today?
Did anyone else get an email about rekeying the store for agent?
I was laid off in December. If you're divested to Victra, be careful.
Victra will make all kinds of promises to you that everything will be the same or better than it was, but they're full of bullsh-t. If your store is bought by them, you're better off taking the severance and going on unemployment
Tomorrow is the Day
Just hearing from 4 Indiana stores that have been divested. Good luck to everyone out there!
AT&T is going nowhere, they had something with
Time Warner and should have left it alone. That was a gem of an asset that could have had significant growth but the SBC blockheads had to get their grubby paws into it and dirty up the punch bowl. You think about all the M&A over the years and what they botched, divested, ruined etc...The hubris for an SBC Telco Executive team to think they could do better than the entertainment talent of Time Warner. With AT&T Executives I see little to no connection with the masses of customers or the overwhelming majority of the employee base. I left 2+ years ago and it was the best decision I ever made. Those hanging around based on some mythical package they think they will get.....times have changed and those days are over.
Meg does not like bpx so expect trouble soon
No matter how successful and value creative bpx advertises itself to be the new bp will take exception and possibly even divest the assets as it has been done in the past. Expect Hainsville to rename unscathed…gas matters.
BPX to be divested?
Will MO divest BPX an asset she has already divested in a previous lifetime as CEO of Woodside?
Your comments and opinions matter and do have effect on the company
MVNO Wholesale Channel Divesture
Private Equity apparently putting up decent chunk of cash.
Stankey cost AT&T $106 billion!!
Stankey cost the company $100+ billion over his career.
Here are the smart business decisions he made:
Bought DirectTV for $67 billion in 2015
Bought WarnerMedia for $108 billion in 2018
Sold WarnerMedia for $43 billion in 2022
Sold DirectTV for $26 billion in 2025
Net loss over these deals is $106 billion
Here is what we should have bought:
T-Mobile in 2015 for $45 billion in 2015
Level 3 Communications for $34 billion in 2016
CenturyLink for $55 billion in 2016
DISH Network for $35 billion in 2017
Net valuation gain would be $182 billion for AT&T.
This would have moved AT&T’s spot on the Fortune 100 to the top 10 and position us alongside companies like Alphabet and Microsoft. Current we are ranked 32. Our employee headcount would have increased to 240,000 instead of the current 133,000 and the 80,000 target. AT&T would have likely be the #1 U.S. wireless carrier instead of being #3 behind T-Mobile and Verizon. Our share price would have been roughly $45 instead of $22.
Stankey talks a big game. He says that our #1 priority is fiber investment and convergence. That he wants to make AT&T market based. But he never tells you what AT&T could or should have been if he and Randall did not ruin it. When confronted with any serious question at a town hall he deflects with “convergence” or “fiber investment”.
I have been in Texas my whole life and I know a con when I see one. We call that “big hat no cattle”.
Shell stock is tanking.
I know there should be no surprise with the price of oil dropping, but Shell stock is tanking. I thought the company would have been doing better after all of the massive layoffs, divestments and stock buy backs. Have they gone too far?
Hospice divestment
Does the Gentiva Hospice divestment mean anything or just a fund raising move to generate cash to prop stock price up?
Activist Jana wants Fiserv to sell more assets, refresh board
https://seekingalpha.com/news/4601923-activist-jana-wants-fiserv-to-sell-more-assets-refresh-board---report
North Sea UK assets on sale and no takers
BP has finally realized that the UK North Sea sector is unsustainable and needs to divested and/or decommissioned. UK taxation authorities have made investment and upkeep untenable with a 78% tax rate. The asset condition are atrocious and will negatively impact BP permit to operate.
BP needs to to leave the UK while its easy.
divvyDOSE - did UHG offload this?
anyone heard this? there is a news going around that UHG offloaded Divvy.
Will PVH be sold?
All Cardiovascular OUs except PVH have been consolidated with others... Is MDT gearing up to sell the PVH business?
Next non-core unit sold?
With rumors of an announcement this week, anyone have info? Which product line is getting released?
F&F being sold
All 15 “stand alone” in Des Moines
Johnson & Johnson Cuts 56 New Jersey Jobs
Johnson & Johnson is dismissing 56 employees. These cuts affect its corporate headquarters in New Brunswick, New Jersey. The layoffs will be effective on August 21. They are related to the planned divestiture of its orthopedics business. This action follows previous job reductions at the same facility.
New Brunswick, New Jersey
https://www.fiercepharma.com/pharma/jj-separates-its-orthopedics-business-it-lays-56-new-jersey
Is Oxy being marketed for sale?
This is the first time since coming to Oxy 10 years ago that I have really convinced myself that we are actively trying to get bought. Between the aggressive debt reduction, new CEO, divestiture of non core assets (Oxychem), delaying long term project investment, and the countless asset summaries I've created it really seems like the writing is on the wall. I've been a part of sales teams in the past and this feels eerily similar. Anybody else feel the same way?
Omnicare Sold
https://www.insurancebusinessmag.com/us/news/mergers-acquisitions/cvs-offloads-omnicare-pharmacy-unit-in-250m-bankruptcy-sale-575756.aspx
When is Chevron divesting Hess Gulf of America trash assets
When will Chevron simplify its GoA business unit? Too many assets at varying levels of profitability and liability. Some Hess assets certainly qualify for divestment or decommissioning. Note to Chevron LT ….get some NYSE bonus points by reducing scape and improving balance sheet…
Note: Many assets that are challenged have excellent, capable staff that do a great job maintaining and exceeding expectations.
Out of here
AW in his TH in Asia Pacific is so full of himself. It just goes to show how out of touch the leaders are. Employees, you are nothing but a commodity, like a cow or horse for sale. Imagine telling the entire population who were present that your wife accompanied you on the trip (which is fine) and was out sightseeing and shopping, while you messaged to the livestock why they are being sold. And sarcastically replying to one employee who asked about what's left with his job scope. For those impacted, stay positive, you might be better off in the new company. Chevron has zero interest in Asia Pacific.
Berkshire Hathaway: Oxy needs to simplify
Time to simplify and monetize Oxy asap. The games and PowerPoints no longer work…serious integrity issues in the field coupled with disappointing performance results. New CEO will soon need to create a vision and reduce company footprint to only the highest performing assets. The rest need divestment asap.
Can Oxy Coast doing the same thing with the same people on the same assets…
Will Oxy pivot or concentrate on areas of strength or continue this bifurcated shyte show for ever…Oxy Greenway, Oxy Woodlands, Oxy International…when are all parties collaborating and when will Oxy have the courage to divest assets that no longer make sense