#europe

I know ... you are going to ask about a source but I rather do not want to provide it.

https://www.cio.com/article/4222500/european-cloud-watchdog-slams-broadcom-over-vmware-licensing-practices-issues-warnings-about-sap.html

Oracle’s Licensing Terms Draw the Same EU Scrutiny that Just Cost SAP Concessions
https://www.insidermonkey.com/blog/oracle-orcls-licensing-terms-draw-the-same-eu-scrutiny-that-just-cost-sap-concessions-1834238/

"Business as usual" is going to cost them! EU customers will get some relief.

Any cuts so far? I'm wide awake, hoping for any info.

Given that Deutsche Telekom is a majority owner of T-Mobile US and that it will reduce the satellite spectrum that US competition may want to purchase. Does the BT Group partnership keep Verizon at the table or are they trying to out maneuver Verizon?

Europe’s biggest mobile operators in talks for satellite-to-mobile venture

https://www.reuters.com/business/media-telecom/europes-biggest-mobile-operators-talks-satellite-to-mobile-venture-bloomberg-2026-09-07/

Sept 7 (Reuters) - Deutsche Telekom (DTEGn.DE), Orange (ORAN.PA), Vodafone Group (VOD.L), and Telefonica (TEF.MC), are in early talks to ​create a consortium to bid on European Union ‌satellite spectrum and offer direct-to-mobile services, Bloomberg News reported on Monday, citing people familiar with the matter.

The group would jointly bid ​for a share of 2 gigahertz airwaves that ​the EU has proposed reserving for a local ⁠operator, a plan aimed at increasing sovereign satellite capabilities, ​the report added.

No final decisions on the consortium or ​plans to bid have been made, Bloomberg said.

Vodafone, Orange, and Telefonica declined to comment, while Deutsche Telekom did not immediately respond ​to requests for comment.

In May, the European Union announced ​plans to allocate the bulk of valuable satellite spectrum for mobile ‌phone ⁠service to European companies while reducing the share that U.S. operators can acquire, in a push to promote domestic businesses and reduce reliance on Big Tech.

The ​European Commission designated ​two-thirds of ⁠the spectrum on the bloc's IRIS multi-orbit array of 290 satellites for commercial ​use, divided equally between EU and non-EU ​operators.

The ⁠consortium would bid on the EU operator portion.

IRIS is Europe's response to Starlink, and is led by the ⁠European ​Commission and a consortium made ​up of SES SA (SESFg.LU), Eutelsat (ETL.PA), and HispaSat.

So LP is on a Europe tour. Do these things really make a difference to the bottom line/ROI/customer decisions at all - or just useful for sycophants to post photos on LinkedIn?

I think for US employees it is 2 months on payroll + 10weeks of pay + 6 months of insurance. Is that correct?

I’ve been asked to interview for a role in Europe, anybody have insight?

There are rumours circulating about a huge RA across Europe this September due to the company's poor financial results. The RAs are expected to affect most business units. Does anyone have more information about this? Is it true?

Are managers in European countries making up excuses to put people on PIPs and then lay them off?

They suddenly deactivated my account without anyone warning me. I was working on an important project and have a delivery next month. I know there are various layoffs happening in Europe, but usually they warn you before canceling your account. Has this happened to anyone else here? I don't understand if it's a mistake or a layoff.

How about elsewhere?

I'm wondering how log do PIPs last in Europe? (1-3 months?) After the PIP what should I expect?

It feel like the European markets has become the last target. Managers, mid level engineers and data scientists are being laid off like leaves falling in autumn. The way it is being handled makes it seem like they want to abandon much of the remaining EU markets. All veterans almost let go.

If feels as if minions were simply told, "keep removing people until you hit the quarter target numbers" , layoff is Nielsen new innovation, regardless of the consequences. The irony is that they seemed sorting employees by compensation in Excel and working their way down. R.I.P

Digital asset prime broker FalconX has reduced its global workforce by approximately 10%. This action comes as the cryptocurrency market continues to experience a significant slump. The company is also withdrawing its license application in Singapore. FalconX plans to pivot its focus towards crypto derivatives trading. Additionally, the firm intends to expand its presence in Europe.

https://en.cryptonomist.ch/2026/08/04/falconx-crypto-layoffs/

Do we know anything yet?

I heard the UK lost a lot of staff in Q2 but have any other European countries been affected ? Some Euro colleagues I spoke with said things were on hold due to the BT merger.

Anyone know what that seems to imply? Europe cannot account for 45%??

Replacing Visa and MC with a local alternative could hurt us majorly. And we all know it's not those on top who'll pay the price, but the rest of us. I've been so nervous about this since the news first came out.

Does anyone from you, working in the DXC located in any EU country, has already demanded disclosing the salaries for job positions and gender wage gap? What were the results for DXC?

Any news on something similar happening here?

The emea HR director should be fired. They doing illegal hiring and firing practices.

Emea hr director don't have formal B school education. Zoology education they have must fit for managing zoo not corporate.

Romania
Italy
Netherlands
Spain
Germany
France

Any managers in EU, please weigh in whether you know the dates when the notification goes out.

https://www.retaildetail.eu/news/fashion/strike-at-nikes-european-distribution-center-in-protest-against-the-restructuring-plan/

Is it true that they will lay
off less than 30 people? Is this the total number or the number for each legal entity? End of May is when people will need to leave or when they'll be notified?

There's now evidence that IBM does the "buyout" spiel to shake the tree and see what fruit falls. Later the chipping of the branches will commence.

https://techrights.org/n/2026/04/28/IBM_is_Already_Doing_Voluntary_Layoffs_This_Year_in_Europe_Buyo.shtml

Wonder what is the valid reason they going to give...

An increase of $5,000,000,000+ in debt in just 3 months!

https://techrights.org/n/2026/04/24/IBM_s_Debt_Increased_Over_5_Billion_in_3_Months_While_IBM_Laid_.shtml

The question was when will the European internal hiring freeze be lifted and is there another layoff coming soon. It was responded by effectively “Hiring freeze will not be lifted any time soon. Anyways I think everyone should be building agents. Next question!”

Yikes. No comment on the layoffs is quite telling but I could be reading too much into it

I mean, why not. Many of us will either be laid off soon or will leave anyway. I am not counting on any raise, but why not try it? Why make it easier for them, if they are not doing it easier for us, what is the worst that can happen, we have nothing to lose really.

European oil refining margins turn negative, bucking global trend
4/14/2026 12:00:00 PM

European refining margins turn negative despite record fuel prices, IEA and traders report
Asian refiners' competition for crude drives up costs, squeezing European margins
Simpler European refineries may cut runs if margin pressure persists, analysts and sources say
European oil refining margins have turned negative, lagging stronger margins in Asia and the U.S., as competition for crude from Asian buyers due to the Iran war drives up costs even as fuel prices hit record highs, according to IEA data and trade sources.

Northwest European light sweet hydroskimming margins dropped to an average of minus $6.45 a barrel in the week beginning April 6, the IEA said in its monthly report.

Margins for medium sour cracking were also in negative territory, the data showed. Light sweet cracking margins remain positive, though they have also weakened significantly.

The margin squeeze is a consequence of the surge in physical crude prices to record highs as the war in Iran disrupts Middle East flows.

The narrowing European margin effectively shows that these plants would be running at a loss, and is likely to prompt some to process less crude into fuels, analysts said.

Simpler European refineries, which lack upgrading units to extract more higher-value products such as jet fuel, could be forced to trim runs if margins remain under pressure, though there is no sign of widespread cuts yet, trading sources said.

"As things stand, Europe is going to cut utilization," Sparta Commodities analyst Neil Crosby said, adding that runs could fall by as much as 500,000 barrels per day.

Asian competition for crude drives up prices. By contrast, in the U.S. Gulf, heavy sour coking margins strengthened last week compared with the March average, IEA data showed. In Singapore, similarly, medium sour cracking margins were also stronger last week than their March averages.

The squeeze in Europe reflects rising crude costs as Asian refiners compete aggressively for cargoes, several trading sources said, as well as higher operating costs such as for electricity and natural gas.

"It's typical of these crises," said a trading source at a European refinery. "Fuel cracks rise first, but as crude and other costs adjust, margins get dented." He added that their margin dropped from about $30 a barrel in the first week of the conflict to just over $4 currently.

The squeeze comes after margins globally soared in March, with those in Europe reaching record highs.

In Singapore, the IEA said, margins in March were some 14-fold higher than February levels, while in northwest Europe light sweet hydroskimming margins in March were more than nine times higher than in February at $15.20 a barrel.

Some refiners even delayed planned shutdowns to take advantage of the higher fuel prices.

Italy's 300,000 barrel per day Sarroch refinery, for instance, pushed a maintenance shutdown from late March to mid-May, industry monitor IIR said. The refinery's operator, Vitol, declined to comment.

https://www.hydrocarbonprocessing.com/news/2026/04/european-oil-refining-margins-turn-negative-bucking-global-trend/

Hard to believe greed would just skip over an entire region.

AFAIK no one has been affected in EU during this round. Last time it took about 1-2 months for layoffs to arrive there, so I would expect end of this month or end of May. Does someone have any intel? Or has someone in EU been affected already? I would not count on this round being over already.

Does anyone else think with the price of oil being pegged above $100 a barrel for the foreseeable future, ongoing bo----g campaigns of oil infrastructure, and Europe already rationing oil / encouraging as little travel as possible that we might see a softening on the four day RTO?

Wasting gas to drive into the office to call into a remote meeting doesn't make any sense.