#merger

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Synergy?

Do you guys hear anything about plants shut down or layoff by AMP taking over CCS soon? AMP and Com they both have heavy management, eventually, AMP will sink as Com in my 2 cents (like swallow a poison pill).


Oxy and Chevron merger? Lots of efficiencies

As Oxy gets smaller, less complex and has less runway…it’s time to think about an exit plan…the leadership has to be thinking that Buffet is less than 600 days from expiration and self enrichment is the best strategy for the company.

Oxy will not drill its way to prosperity in 2026.

What do the boots on the ground think? About the adventure ahead?


Chevron has single handedly destroyed the oil and gas work force in Colorado!

We’re talking betrayal. We’re talking families packing up U-Hauls in the dead of night. And yeah, we’re calling it out: Chevron’s big-money grab on PDC Energy back in ‘23? It straight-up gutted our oil and gas workforce here in Colorado. Let’s unpack why this merger turned our bo-m into a bust.

Remember when Chevron swooped in with that $7.6 billion all-stock deal for PDC? They painted it as some powerhouse combo – “largest producer in Colorado,” 1,000+ drilling permits, free cash flow for days.  Sounded like job heaven, right? PDC was us – Denver-based, boots-on-the-ground in the DJ Basin, keeping rigs humming and paychecks steady. But fast-forward to 2025, and Chevron’s playing a different game. Global cuts? Up to 20% of their workforce gone by ‘26, slashing $3 billion in costs.  Here in the Mile High? 125 souls from their Denver office shown the door starting July 1st.  That’s not just numbers – that’s roughnecks, geologists, admins who coached Little League and bought rounds at the Water Course.
But wait, it gets uglier. Brownfield sites? The ones PDC was reworking like pros? Work’s nearly halted. Companies that sunk cash into upgrades for Chevron’s “efficiencies”? They’re idling equipment, laying off crews, folding tents.  And the rigs? Man, the DJ-Niobrara rig count cratered to just 5 by May – lowest since the pandemic slump.  Chevron’s not immune; whispers from the patch say they’re down to a skeleton crew – one rig spinning where PDC had multiples turning ’round the clock. Drilling deferred, completions paused. Why? Centralized hubs over local know-how. Sell off $2 billion in pipelines to some faceless buyer, ship decisions to Houston. Efficiency, they call it. Devastation, we call it!

Our communities – Greeley, Windsor, the whole Front Range – built on this black gold. Schools funded, diners packed, youth football thriving. Now? Ghost towns in the making. Chevron’s “stronger future” pitch?  It’s stronger for their shareholders, weaker for us.

Look, I ain’t anti-big oil – he-l, this industry’s in my blood. But when a merger like Chevron-PDC promises growth and delivers ghost rigs? We have to speak up!

Now they are moving in ksi and pushing out what’s left of the family owned local companies. Chevron will be using fortress, 1888/4x and KSI so good luck to all you contractors here soon you will be replaced and chevron does not care one bit they will just weed you out and make you want to leave!

LET ME REPEAT CHEVRON DOES NOT CARE ABOUT YOU. YOU ARE JUST A NUMBER NOTHING MORE OR LESS.


Clemmer Seals The Deal

Clemmer did the same thing with AGERE and LSI in the early 2000's. Starboard sees a huge return on share price, sells of course. Good call on Starboard's part brining Clemmers to the table.

There is going to be be some major reorgs and fat cutting. I don't think the Triquint-RFMD Lackeys will survive overall. Arrangements like five supervisors for the the same group of people will not bode well.

There will be massive duplication of services. Redundant groups will be addressed.
Watch the management! True test of character now, watch what your manager shares with you. More than likely only concerned about themselves. And rightfully so.
This is an IP grab for Skyworks. Maybe some niche designers will be absorbed. Personally, I feel it couldn't happen to a more deserving management group!

Just in time for Christmas too!


Can we show a little sympathy to DE?

I mean the guy just saved Paramount and took on this immense task of building the studio back to its former glory. He has this massive weight on his shoulders being the new CEO, and now on top of it he’s forced to do lay offs? I just can’t imagine what’s going through his mind. I know layoffs are a guarantee with mergers, but still, it can’t be easy for the guy. I hope he’s doing all right and I hope we can show him some sympathy.


Anyone ever had an all hands scheduled for a live slack event and ask your leadership and business partners ‘ ask us anything’ ? Slsck?

Seriously, ever heard of an all hands ‘ live via slack? this is VBG and a massive organisation in VBG; that is everything under the CRO besides direct sales…
All hands via a slack channel ‘ask leadership and business partners anything slack channel…
Also hearing via a via that a merger with BT global ( international) isn’t off the cards yet. … who have been for sale for 2 years or so.
Anyways also heard it’s 20 to 30 percent reduction.

Reminds me of 2003 when Mci world com fired people via sms…


Reported by CNBC as a merger but further in the article it is referred to as a BUY.

"Skyworks Solutions will BUY smaller rival Qorvo, they said on Tuesday, forming a $22 billion combined company that supplies radio-frequency chips to Apple and other smartphone makers."

The stock-and-cash deal, which will create one of the largest U.S. suppliers of radio-frequency chips. The aim is to repositoon the new company for a recovery in the smartphone market.


More layoffs coming

They're being super quiet about it, but the fact of the matter is that there are more layoffs happening inside this company and it seems mainly due to the merger with Juniper. The surprising thing is that it isn't just traditional overlap functions like marketing or accounting, but actually in functions such as engineering. There is clearly a technology strategy but it is not being shared. Instead, they're just laying off staff to cut costs predominantly in the United States. For those of you that hoped the $1 billion dollars in savings would happen over time and might come out of other things like real estate consolidation, surprise, it's happening very fast and at payroll levels. The hypocrisy inside the company about the well-being and the pride that we have as well as being the best place to work and is ridiculously misplaced.
To make matters worse, HR is pushing forced distribution for end-of-year ratings. They may think they're telling you otherwise, but it's literally what they're doing. When questioned about this, they hide behind senior executives and their wish to do this.


To merge or not to merge?

Is the merge happening? Media has been pretty quiet about it. the most recent report was a clean team meeting was scheduled and it went well. Hope all goes well if the merge does happen but what's going to happen in certain markets. If pfg and usfood both delivering in the same area.who's going to take over those markets when you have delivery drivers and sales reps for both sides. I guess only time will tell if it's even going to happen or not happen.this is slow seasons but usfoods jist hired 10 drivers in my area.while we still have stand days going on. Doesn't make sense


Does anyone expect SPT to be impacted?

I've seen a lot about Merch being impacted. SPT also already runs really lean in the Specialist/BP/E2E SBP area and a merge with RBX was JUST announced less than a month ago. Seems to me like they would have just done layoffs then with the merge, but I don't know? With already having made most SBP and some BP roles E2E I can't fathom having any capacity for more workload if they merge further....


F&B Impacts Theory

I have no insider knowledge, this is just my theory for what could happen on Tuesday:

F&B reports up separately from other pyramids for pretty much every function (Merch/Planning, IM, Store Ops, etc.). Eliminating that separate reporting structure could remove some duplication of work and a lot of middle managers. For example, Food Supply Chain would be absorbed into what’s left of GSCL.

Thoughts?


Offer rejected

Reuters exclusively reported that the company's board rejected a mostly cash offer of nearly $24 a share for the company, whose assets include the Warner Bros film and television studios, its CNN and other cable television networks and its HBO Max streaming service, according to a source familiar with the matter.

https://www.reuters.com/business/warner-bros-discovery-initiates-review-strategic-alternatives-2025-10-21/


New name, ChampionX acquisition

SLB Ltd., formerly Schlumberger and the world's largest oil field services company, reported that its recent acquisition of Sugar Land's ChampionX Corp. added $579 million in revenue during the third quarter, the company's first full earnings report since completing the deal.

https://coveringkaty.com/news/fort-bend/schlumberger-changes-name-completes-championx-acquisition-re/


Since L3Harris has shifted from growth to profits. Layoffs are common.

Following the most recent merger and the creation of the current company in 2019, L3 leadership has shifted from a growth oriented company that made strategic acquisitions into new businesses, to a purely profit driven entity. Perhaps the disastrous acquisition of AR was enough to make them g-n shy about buying any more companies. The entire focus is now on profits for investors or "stake holders". Having established that, it would seem foolish for any perspective job applicant to hope for a long term career with this company. Layoffs have become common place with no regard for talent or an individuals' contribution. Considering that and the blatant reverse discrimination practiced during its' failed "woke phase", it is no wonder the company is avoided like the plague by savvy job seekers.
Read the posts on this site carefully, They are not hyperbole.


3Q Financials

I’m confused about what’s next. We have a mediocre-to good quarter financially but in the details there is info about us losing customers with close to 2-3% attrition per quarter. Does that mean our profits were the results of financial engineering or are we just racking up fees on our customers? If we aren’t growing or merging, someone is going to merge with us.


Jefferson Health laying off roughly 650 employees

It’s also not too far off from closing its major acquisition of Lehigh Valley Health Network, back in August 2024, the latest in a decade-long stream of merger deals that swelled the organization to 32 hospitals. Jefferson had already cut 171 workers in January by outsourcing several back-office functions after the merger, and before, it that had cut around 400 as part of a 2023 restructuring.

https://www.fiercehealthcare.com/providers/jefferson-health-laying-roughly-650-employees-amid-significant-financial-headwinds


Duplicate Teams

Any tea on what may happen with some of the duplicate teams that are being merged (SD & insert legacy paramount brand here)? Marketing everywhere, MTV/Skydance TV, animation, legal, etc.). Do you think they will finally be merged properly with some grand plan explained to the company?


Oh my god, 3 more years of this loser!!!

Wirth now has three priorities.

First, complete the restructuring and rebuilding of Chevron's corporate culture; second, integrate Hess; and third, extend the concession to develop the giant Tengiz oil field in Kazakhstan, which expires in 2033.
The latter is crucial. When the initial 40-year agreement was signed in 1994, it was dubbed the "deal of the century," as it gave the company access to the oil of the former Soviet Union.

Our concession is valid for another eight years…We have begun working with the government to discuss its extension. I'd like to finish this, not delegate it to someone else," Wirth said in an interview with Bloomberg.


Writing is on the wall!

Fifth Third Bank has officially acquired Comerica, marking another significant move in what appears to be a growing trend of regional bank mergers under the current U.S. administration. Industry analysts expect further consolidation as economic pressures and regulatory shifts continue to reshape the financial landscape.

Meanwhile, Truist is undergoing internal restructuring. Sources indicate that between 500 and 700 contractors were cut last Friday in Digital and Technology divisions. While the company cited "policy concerns" raised by its legal department, insiders suggest the move was primarily driven by cost-cutting objectives. The timing coincided with contract renewal periods, and many agreements were allowed to lapse without extension.

Additional reductions are on the horizon, including cuts to employee benefits, further contractor downsizing, and full-time staff layoffs. Truist has faced ongoing challenges in the market, with underwhelming stock performance fueling speculation that the bank itself may become an acquisition target in the near future.


Merger?

Has anyone been reading the media articles bout the information sharing plan on our US Foods website and upcoming merger with PFG in the media? Will that cause layoffs? Will that be a chance for the powerful on the board of directors to select better executives? Some of our executives have sh-t the bed on some of their decisions and do not have the gonads to do what needs to be done. We do like our CEO and he has proven his worth on the stock. But some of his posse don't share his intelligence nor his heart. They may just not give a fu-k about what they need to do since they will be given a golden parachute when the merger arrives. Let's all hope the board reads these posts and proves what we are writing is true and just terminates the d-mbasses for dereliction of duty without the severance.