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Exxodus Again

Every week a talented colleague is leaving. And it’s not just malcontents, but includes people who drank the cool aid from a Big Gulp. Just found out another one today. The talent/brain drain is staggering! The executives are getting what they wished for. I hope they are happy. Once this train accelerates it will be tough to slow down.


Peasants stay in Middle East but not Executives

We hasn’t evacuated families from the Middle East even though the U.S. government has and our competitors have. Oh yeah and then there is this. The executives are cancelling their trips due to safety concerns. Nothing to see here. Keep working peasants. Is executives will stay safely at home. U.S. executives don’t get paid enough to take such a risk!

https://oilprice.com/Latest-Energy-News/World-News/Exxon-Chevron-Executives-Cancel-Gulf-Visit-Over-Security-Concerns.amp.html


Netflix Internal Strife Fuels Layoffs

Internal conflicts at Netflix, stemming from a clash between its content and technology divisions, have contributed to recent layoffs and executive changes. These tensions have intensified since the transition to a co-CEO structure, leading to disputes over business expansion and content promotion strategies. The company faces pressure to reignite growth amidst increasing competition and subscriber saturation in the U.S. Failed attempts at diversification, such as the gaming venture, have also exacerbated internal disagreements. These challenges are occurring as Netflix navigates a complex market and investor scrutiny.

Los Gatos, California

https://www.latimes.com/entertainment-arts/business/story/2026-10-26/shake-ups-layoffs-reveal-culture-clash-inside-netflix


Insult To Injury--Stock Buyback After The Layoffs

It was a slap in the face to see the Forrester exec team issue share buy backs funded by laying off of a significant chunk of its workforce. When you look at how the exec team is compensated, this move really shows its priorities. Would be curious to hear other's opinions.


AI Layoffs May Require Costly Reversals

Many companies are reducing staff in anticipation of AI automation, but this strategy carries significant risks. Gartner predicts that a substantial portion of employees let go due to AI will need to be rehired. This is because the actual productivity gains from AI may not fully replace human capabilities, leading to unexpected costs. Executives must carefully assess AI's true impact before making staffing decisions. Failing to do so could result in a costly cycle of layoffs and rehiring.

October 19, 2026

https://www.okoone.com/spark/leadership-management/ai-driven-job-cuts-could-lead-to-costly-rehiring/


ceo office hours on the 27th and leadership news today....

does anyone know with any certainty if we'll see layoffs before the ceo office hours on the 27th, given the email today about the reduction of our exec leadership and change in reporting structure for exec ed and degree?


Town Hall

Florida blue recently had a Townhall the feedback is it was demotivating and demoralizing. The CEO explained that when culture is up performances down with no further explanation. The consensus among folks is when he talks about heart and hustle. All you hear is the hustle there’s no heart people that work in Florida Blue love Florida Blue and they love what they do. Unfortunately the culture is subpar, and the executive team appeared to only know subpar cultures so they don’t understand what used to be. They truly believe what exist today is the norm.


Skydance Sports Merger Sparks Broadcasting Rights Consolidation

The recent merger of Skydance, Paramount, and Warner Bros. Discovery has created a new media giant with extensive sports broadcasting rights. This consolidation brings together significant assets from CBS Sports and T-T, leading to anticipated changes in programming and staffing. Executives expect a substantial streamlining of operations and a potential reduction in broadcast rights as the new entity seeks to realize promised financial synergies. The full impact on sports fans and the industry remains to be seen, but significant adjustments are already underway.

New York, NY

https://nypost.com/2026/10/09/sports/cbs-sports-t-t-sports-merger-expected-to-be-bloodbath/


Elon trolling Stink on X

AT&T CEO John Stink: Starlink Mobile won’t be able to penetrate walls.

Elon Musk & SpaceX: We’ve acquired 800 MHz spectrum, which will allow Starlink Mobile to provide better indoor coverage, including signals that can penetrate walls and other obstacles.

C suite are underestimating Starlink Mobile.

Just keep building the fantasy factory and prison like tracking systems your employees hate you for - instead of fighting this existential threat. Bunch of m0rons in Dallas.


Leadership Shakeup in Wholesale Division

Heads up to everyone tracking the recent organizational shifts. There has been a major leadership shakeup within the Wholesale division. Several high-level executive and management positions were impacted today as part of a broader structural realignment.
Word is this is tied to the ongoing corporate restructuring to flatten the organization and shift strategic focus.


Transformation a euphemism for layoff

I would never have believed I would say this 10 years ago, but I miss the days when executives would just come out and say the word layoff. All this bullsh-t about transformation or transforming the way we do business is ridiculous. We all know at the end of a transformation there will be less people in the team.


Another 52 week low

So based on the reporting I’m seeing, we have no real insider buying by our executives. While they tell us the market doesn’t understand our business, we are undervalued, blah blah blah… they rarely really buy when our stock is at a low not seen since 2012. They are just holding out for an exit package.


Elevance Investor Advances Post-Pandemic Medicaid Costs Lawsuit

A federal judge ruled that Elevance Health and four of its executives must face an investor lawsuit. The lawsuit alleges the company recklessly misrepresented the severe financial impact of rising Medicaid costs after pandemic-era enrollment protections were lifted. The ruling highlighted "unusual stock sales" by top executives as a factor strengthening the case.

https://news.bloomberglaw.com/securities-law/elevance-investor-advances-post-pandemic-medicaid-costs-lawsuit


Something big

I know the title says something big but this is not about Matt Carr, this is about October layoffs. Possibly November. Something big is obviously coming. Who cares about the rumors just look at the executive actions. They have a goal to cut cost up to 5b which they still haven’t met. One last thing next time Dan is up there talking about the Verizon turn around and AI ask him why aren’t any executives doing any open market buys? If the company is having such an amazing turn around why aren’t they buying? Dan needs to put his money where his mouth is and buy some Verizon stock


Exec Calls to increase "voluntary turnover" on "leadership development" call

Was anyone else listening in on the Leadership Development call on Tuesday? Things were going as expected, until the final comments when the male leader suggested that the way to increase our revenue per employee is to encourage people to leave voluntarily. Did anyone else catch that? Seemed like they said the quiet part out loud


And away we go...

"On September 16, 2026, Adam L. Rosman resigned as Chief Administrative Officer and Chief Legal Officer of Fiserv, Inc. (the “Company”), effective September 30, 2026. Eric C. Nelson, the Company’s current General Counsel and Secretary, will succeed Mr. Rosman as Chief Legal Officer on October 1, 2026."


When does it end?

Many believe that the board/HY has a medium term headcount goal, a specific number to which they'd like to reduce the domestic internal employee numbers to. If so, what's your guess? I think it's around 120k. Basically two more years of downsizing. Sometime around 2030 the current regime bails with huge golden parachutes and a real team of executive leaders is brought in to grow the business.


Don’t Blame Finance. Blame the Executive Team That Created This Disaster

Finance Layoffs??? Why be mad at Finance? Seriously. They can only play the shell game for so long before the truth catches up. If leadership is failing, if the products are failing, if sales is failing, that’s not on Finance. Finance didn’t create this mess. They just finally stopped covering it up.

Firing Finance?
For what , telling the Executive Team the truth?
Finance didn’t make the decision to jack up pricing across the catalog. They only executed what they were instructed to do by the same people who have been making bone‑headed decisions for years.

And if anyone wants proof of how reckless these price hikes are, go look at the actual numbers:

Pride Foundations of Business MindTap:
• 2024: $80
• 2025: $105
• 2026: $160 depending on the option
• As high as $214 if you choose the MindTap with Mike Bikes SmartSims — a repurposed relic that should’ve been retired years ago.

Intro to Psychology MindTap:
• 2024: $80
• 2025: $105
• 2026: $127

Sellnow Comm MindTap:
• 2024: $52
• 2025: $58
• 2026: $105

These aren’t strategic increases.
These are panic‑driven revenue patches designed to cover massive losses the Executive Team doesn’t want employees or Apollo , to see.

And the pattern is obvious:
The biggest price hikes landed exactly where Cengage has the most volume and the most market share. That’s not coincidence. That’s volume‑based revenue manipulation.

Meanwhile, leadership shoved all existing business into the hands of Customer Success , a team already drowning , and then rolled out these price hikes in August, when schools were closed and faculty were on summer break.

Who risks their entire installed base like that?
Who gambles the business that pays the bills?
Who destabilizes the only revenue stream keeping the company alive?

Only an Executive Team that is completely disconnected from Higher Ed and obsessed with forcing numbers to look good for an IPO.

Apollo cannot possibly think this is acceptable.
You don’t increase revenue by punishing existing customers.
You increase revenue by winning business, not by pricing your way into a retention crisis.

Finance didn’t cause this.
Finance didn’t design this.
Finance didn’t push this.

Finance just stopped hiding it.
And now leadership is scrambling because the truth finally broke through the shell game


Promotions

There is a plan being carried out to reduce promotions. Be ready to be offered only lateral moves at best or be given additional responsibilities with no CL promotion.

The target is to reduce CL 28+ 50% by 2030 and even more by 2033 through retirements, attrition, and PIPing.

Executives are exempt from these rules and will continue being promoted.

Technical Career Ladder employees are doomed.


Too Much

The company is packing too much negativity into too small a time frame, continuous impacts of layoffs and PIPs coupled with failing projects, executive hubris and nitpicking cuts. The untouchable exec class are failing and it's the peasants that take the hit over and over again. XOM is heading towards a cliff edge.


Executives Invest Heavily Post-Layoffs

Uber's CEO and COO have collectively invested approximately $15 million in company stock. This significant purchase occurred shortly after the company announced substantial layoffs. The executives' actions signal strong confidence in Uber's future strategy. These buys represent the largest insider stock acquisition in the past year. The investment comes as Uber focuses on streamlining operations and expanding its robo-taxi division.

San Francisco, California

https://finance.biggo.com/news/b82520a7-f1ee-4e7a-ad99-1ded12d75a3f


Roberto Jacobo Isaias Zanatta, Executive Vice President Dumps Nearly 40,000 Shares After an 18% One-Year Decline in the Stock

https://finance.yahoo.com/markets/stocks/articles/mattel-executive-dumps-nearly-40-212237190.html

Roberto Jacobo Isaias Zanatta, Executive Vice President and Chief Supply Chain Officer of Mattel, Inc. (NASDAQ:MAT), sold 39,083 shares on August 31, 2026, according to a recent SEC Form 4 filing.


New store level leadership changes coming

Oh boy wait until yall see. The rumors on here are true. Manager cutbacks at the store level to align with reseller ops. October announcement. Obviously they are preparing for a total divesting within a few years. No wonder executive
Leadership is all moving out of retail.