#europe

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My last week in Verizon Europe

This is my last week in Verizon (Europe). In some ways I am sad, as I will miss my colleagues that I have worked with for the last 25+ years. In other ways, I am happy, as I will not miss what has happened to Verizon and what it has become, especially with amount of staff who have already been let go and those that will be following soon. Good luck to those who have managed to survive the latest cull.


Qualcomm Europe?

No info, just came here to write a prayer!
Wars in our neighbourhood, high inflation, high energy costs, $hittiest tech job market in the history of tech, mortgages refusing to cool down, and everything else we have been watching on the news lately that doesnt need a mention here. This memo was the only missing piece to complete the jigsaw of doom CA you b4stard.


Employment claim with IBM

There’s a lot of talk about PIPs and I was just wondering if anyone in Europe has successfully perused a claim against IBM in their labour court or similar?

I’d be surprised if not becuase there seems to be a lot of PIPs in Europe despite it being illegal.


Oracle is terminating its legal entities in Europe

In following months several legal entities (and offices) in many EU and non EU countries will be terminated, local workforce fired.
Starting with smallest ones ASAP (up to ~100 headcount).
Sales will be taken over by local partners.
Contracts (CSS, health, projects, office...) will also be terminated (with due penalties).


More Layoffs coming

Heard from someone close in Galway, that the office visit wasn't a normal check-in. Leadership flew in (higher ups haven't been to office in forever), held a handful of closed-door sessions with site heads, and apparently the word "consolidation" came up a lot. My source says there's a plan to cut operations roles across the EU offices, not just Ireland, and that it kicks off in January 2027. Supposedly the timing is meant to land after year-end peak and Q4 so it's "clean." No idea on numbers, but people are saying it's big. Take it with a grain of salt, but I'd start updating your CV.


And the Hits Just Keep Coming

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.


Does this satellite to mobile venture help or hurt Verizon

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.


Sudden layoff

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.


Canceled Townhall and more layoffs

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


FalconX Reduces Staff Amid Crypto Downturn

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/