#merger

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Glencore Layoffs

Glencore is cutting 1,000 jobs to reduce costs as it focuses more on the growing demand for copper. The company is also merging its nickel and zinc operations. Glencore employs about 150,000 people worldwide. It plans to spend a lot of money to increase copper production, aiming to become one of the world’s largest copper miners.


4,000

Omnicom plans to lay off more than 4,000 workers and shut down several well-known advertising agencies after buying rival Interpublic Group for $13 billion. The advertising industry is under growing pressure as artificial intelligence changes how ads are made. Big tech companies like Meta are also making it easier and faster for businesses to create ads on a large scale.


NJCU Layoffs Begin, also see: Kean University Merger (Jersey City, New Jersey)

A merger between NJCU and Kean University is underway. This transition has caused initial job reductions at NJCU. Some staff members were issued pink slips. The exact count of affected individuals remains unstated. Officials from both universities declined to provide specifics.

https://jcitytimes.com/njcu-kean-merger-yields-first-layoffs-officials-mum-on-details/


How are the G-B Stores doing?

Have the stores been getting non stop deliveries of pallets of merchandise to sell off along with its currently own goods? Positions starting to open up at nearby locations to help colleagues who want to stay with the company? I know fixture sales will probably start beginning in Febuary. Hope everyone is doing OK. Closing a location can be fun.


Frontier deal set to close January 20th

https://www.lightreading.com/broadband/california-approves-verizon-frontier-deal-with-conditions

20 Billion dollar deal negotiated, lots of conditions and agreements to include employment guarantees for Frontier employees, and DEI considerations.

How will this affect future non-union employee layoffs going forward?


Thousands of Verizon Jobs Could Vanish This Spring — Here’s Why

With Verizon’s acquisition of Frontier moving toward completion, industry analysts expect a first wave of layoffs in March–April 2026. Estimates suggest roughly 4,500–9,000 Verizon employees could be affected, mostly in corporate, administrative, and overlapping network operations roles, while frontline technicians are likely to be spared initially due to regulatory broadband obligations. Some of these reductions may come through voluntary buyouts or early retirements, but the merger will still represent one of the largest workforce adjustments in recent Verizon history.


Comerica Bank is set to lay off nearly 200 employees in Frisco following its acquisition

Comerica confirmed it will cut 184 jobs at its Frisco Star Tower site, according to a filing with the Texas Workforce Commission, following shareholder approval of its nearly $11 billion merger with Fifth Third. The company has not announced further layoffs in Dallas.

https://www.keranews.org/business-economy/2026-01-09/comerica-bank-lay-offs-frisco-fifth-third-merger


Mass layoffs leave hundreds of Texas workers without jobs

Nearly 600 Texas workers are facing layoffs in early 2026 as part of a new wave of mass job cuts tied to company restructuring and operational changes. FedEx plans to cut 89 courier jobs at its Fort Worth facility, Comerica Bank is eliminating 184 positions in Frisco amid its merger with Fifth Third, and Telvista is shutting down a Dallas call center affecting 110 jobs. Southern Methodist University’s contract change will also impact more than 200 janitorial and support staff. These layoffs reflect ongoing corporate shifts and mergers that are leaving hundreds in North Texas seeking new work as the new year begins

https://www.mysanantonio.com/business/article/mass-layoffs-texas-21277157.php


Eisp will be the regular on the associates side in march

Sounds pretty sure thing there will be a regular eisp in march for union side.Pretty much after the frontier communication merger is over.Sound alike it will be across board to all groups but with limited head count.Not to say if an area has some more people in one location that want it yet not so many in another they can’t shuffle it around under that director .But no way if they ask for 2 they let a whole gang leave just not sensible !Good luck 2026


Comerica considering possibility of layoffs after merger with Fifth Third Bank OK'd

It's unclear how many employees could be impacted. Before the merger with Cincinnati-based Fifth Third was officially approved, data from Downtown Dallas Inc. showed Comerica as one of 19 Fortune 1000 companies based in Dallas.

https://www.wfaa.com/article/news/local/dallas-county/comerica-considering-layoffs-merger-fifth-third-bank/287-1581d5b0-8e1a-400a-9c9d-afe1e3938cf9


Catalyst/JCP 2026 Paid time off

Rumor has it that with the merger, Catalyst will be reevaluating how they determine Mto. I can say for myself if they pull a stunt like they did two years ago (which they reversed after the uproar), I am leaving. After more than twenty years, the only reason I am still there is because of my six weeks paid time off.


Here we go again layoffs

I mean why do we need to deal with this again .Hearing now they want to riff about 10-15,000 more in April after the merger.Like sitting on the edge of seat.At this point thinking everyone starts looking for a job to jump ship if possibly comes up.Cause this is no way to live .I mean we’re all like we survived it’s over .Now new year it’s not over yet round 2 then what round 3


Bd workers have protection against waters takeover

TUPE a legal framework in the UK and Ireland that protects employees' rights when their business or part of a business is transferred to a new owner (like in a merger, acquisition, or outsourcing). It ensures employees automatically move to the new employer with their existing terms, conditions, and continuity of service, preventing dismissal just because of the transfer and maintaining their benefits.


Happy Holidays

As we all gather to spend time with family this holiday season dont forget to educate them about our beloved company...

  • Tell your MAGA in-laws how many of your American coworkers have been replaced with offshore Indians by Cigna.
  • Tell your Mom and Pop that despite working for a Health Insurance Company that Cigna has still increased your health insurance by thousands of dollars a year.
  • Does little Sally need a bedtime story? Maybe read her one about how a brave knight slays a parasitic PBM middleman like Express Scripts.
  • Is your uncle into the stock market? Bond over talking about how bad the Cigna stock is doing. Its okay CEO David Cordani's pay is almost completely based on stock but yours isnt.

You wont get a lump of coal for doing any of this because Cigna said during the Townhall that they have set aside money to spin a more positive image of the company. Funny how there is always money for that and mergers but never for paying talented American humans.


Five9 being sold soon

https://www.sec.gov/Archives/edgar/data/1288847/000128884725000177/fivn-20250729.htm

Now sale will only need to be approved by a implement majority, not 2/3rds that doomed Zoom’s $15B takeover bid

Removal of Supermajority Vote Threshold
Since its initial public offering, the Company has maintained a voting threshold in its Certificate of Incorporation of at least sixty-six and two-thirds percent (66 2/3%) in voting power of the stock of the Company for (i) amendments, alternations, changes or repeals, or adopting provisions inconsistent with, certain sections of the Company’s Certificate of Incorporation, and (ii) amendments, alterations, changes or repeals of the Company’s Bylaws (the “Supermajority Vote Threshold”). While the Board believes that the Company’s stockholders have benefited from having the Supermajority Vote Threshold, the Board determined on July 29, 2025 that it is advisable and in the best interests of the Company and its stockholders to remove the Supermajority Vote Threshold.
The Board intends to approve and recommend to the Company’s stockholders at the 2026 Annual Meeting an amendment to the Company’s Certificate of Incorporation to replace the Supermajority Vote Threshold with a majority vote threshold, effective at the conclusion of the 2027 Annual Meeting.


Impact of Judge's Motion for hold separate order on SD 1

Looks like if Judge Casey Pitts grants the motion for Hold separate order on Monday, the sales day 1 program (go live scheduled for Jan 2) specifically the effort to combine both companies sales data into one tool would be immediately frozen. The companies would be legally prohibited from scrambling of the eggs. Merry Christmas.