#merger

Posts mentioning hashtag #merger

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'Same Old Playbook, Empty Billionaire Promises'

Marvel hero "Hulk" Mark Ruffalo, a frequent advocate for social issues, recently voiced strong criticism regarding the proposed acquisition of Warner Bros. Discovery by what the article refers to as "Paramount Skydance Pictures." In February, he slammed Oscar-winning director James Cameron for his "double standard" in supporting the merger. Just days ago, Ruffalo also joined over 3,000 Hollywood professionals in signing a petition to oppose the acquisition.

https://www.toy-people.com/en/?p=109246


Woodside taken to the Woodshed

Woodside employees are freaking out the their nice supportive environment and prospects are going to be severely impacted and if the XoM deal goes through substantial cultural adjustments will need to be made. Most Woodside employees not ready for the treacherous work environment at XOM Spring campus. HR hosting a teddy bear 🧸 and blanky crying session next week.


Budget cuts related to DT merger?

Everyone is being asked to cut back on everything from coffee supplies, toilet paper, janitorial, repairs, etc. and it’s barely halfway into second quarter… what’s going on? We usually don’t see this until late in the year. Plus with the staffing cuts, it’s not making sense this early. Does anyone think this is for a DT merger?


Pittsburgh Public Theater Cuts Staff Amid Merger Plans

Pittsburgh Public Theater announced the elimination of 11 staff positions on May 19. This decision follows the theater's board vote to merge with Pittsburgh Civic Light Opera. The merger is set to finalize in January 2027. Financial constraints and foregoing a traditional fall season necessitated the staffing changes. Former managing director Shaunda McDill's contract was also not renewed days prior.

Pittsburgh, Pennsylvania

https://www.americantheatre.org/2026/06/08/in-pittsburgh-a-partnership-leads-to-layoffs/


Pensions

Kelly King and Bumbling Bill made an agreement when Gargamel took over that he wouldn’t remove the pension for 10 years. Not sure if that was the day of the merger or the day Gargamel took over. But the pension will cease to exist in way less than 10 years.


Dow Jones Eliminates Multiple Union Positions

IAPE 1096 confirmed Dow Jones is reducing staff. Editors were asked to volunteer for layoffs in a department merger. This merger aims to cut ten editorial positions by August. Additionally, 28 union positions in Technology departments will be eliminated. In total, 42 IAPE-represented employees are affected by these changes.

New York, New York

https://talkingbiznews.com/media-news/wsj-union-confirms-editors-asked-to-volunteer-for-layoffs/


HMSers

Does anyone know why all of a sudden there is a huge divide between Gainwell and HMS? The messaging at first it was we are one company. These past couple of months it’s been shown we are NOT one and was verbally told to separate from them. You see it in their actions. W are treated like the red headed stepchild! We bring in so much money but we’re treated like we don’t even exist. They never wanted us and that’s okay. Does anyone know if we will be sold soon or the sudden direct change of heart? Is it time to move on?


BT x Verizon (VBG) partnership / buyout / merger: what have you heard?

As someone in EMEA in professional services (cyber security consulting) at Verizon, we're hearing a lot regarding the potential for certain business units to be sold off to BT to boost their capabilities. What you have you guys heard? In EMEA it was looking like a collective dismissal first, but now it's looking more and more likely that a sell off will take place instead.


Board shenanigans

What were these secret foscussions that caused a clash between a board member and AM? The discussions have been described as a “deal” and “sensitive negotiations” and “essential discussions”. The plot thickens. It could range anywhere from something relatively small to - dare I say it - a merger/buyout. Let the speculation begin.


The lack of quality people leaders is to be expected

You have to understand that leadership rolls at Verizon are often essentially glorified IC positions. It’s a remnant of all the mergers and acquisitions that formed Verizon. There is not enough pay growth in actual IC positions here. There are not enough band 5 level IC positions. So IC’s take manager rolls simply because there are more of them. Then they get those rolls because of their performance or relationship’s established while being a decent IC. So the lack of quality people leaders is to be expected. The reality is you could collapse Senior Manager, Associate Director into one roll across the company and not miss a beat. I suspect you could even collapse Director into that single roll with little impact depending on the business unit.

Bumped from @aq+1kr3jr1wf.


Terex Closes North Bend Facility

Terex plans to close its North Bend plant. This decision follows a recent company merger. Terex merged with REV Group. Up to 117 employees may face layoffs. The plant is located in North Bend, Washington.

North Bend, Washington

https://www.bizjournals.com/seattle/news/2026/05/26/terex-genie-rev-north-bend-washington-aerials.html


Pittsburgh Public Theater Staff Reductions Precede Merger

Pittsburgh Public Theater confirmed staff layoffs. This action occurred amidst its merger with Pittsburgh CLO. Ongoing financial constraints led to the reductions. Artistic director Shaunda McDill was among those affected. The new merged entity may create future positions.

Pittsburgh, Pennsylvania

https://www.wesa.fm/arts-culture/2026-05-20/pittsburgh-public-theater-announces-layoffs-in-advance-of-merger


Bill is Hot mad

I’m hearing that Bill is super angry that some wall st analysts caught him over dinner and informed him that our advisory fees in Wealth are way lower than the industry. Word is the old Scott & Stringfellow advisors gave giant discounts and they complain anytime they are minority inconvenienced so Wealth leadership ignored it for years. Turns out we were leaving hundreds of millions of lost revenue on the table. Guessing some leaders in Wealth that have presided over things since merger might be feeling their seat get warm finally.