#merger

Did anyone catch the question during the AMA event where SM admitted they were seriously considering combining Ops Risk and Compliance? She said she thought it was a good idea and that our peer banks have already done it... Is Compliance done for??

**I just got the confirmation that VEC MDU will be reduced from 7 client executives “Fios/5G” to 4 client executives per Team…..YOU HEARD IT FIRST** ask your AD/Sr.Directors to be transparent this time, apparently its to help with the transition of the frontier merger happening in less than 4 months., hopefully they wont be clueless and dont know cause it seems the employees know more than the leaders these days.

Seems like this merger is only to satisfy Vena's ego. He knows he has to fire people and he is still making lifetime employment deals with the unions. He just wants to get this merger through to be recognized as "the first person who connected both coasts with rail". He will then quit like Boris Johnson had to quit after Brexit. He will be known, but at what cost?

Does this look OK? If we buy PayPal and bring all those people in, those numbers may actually go up.

I see where the BRC union has signed the post merger job agreement. A question for anyone reading this that is an official in the union, what do these agreements say? What wording is there in these agreements that makes it worthwhile? Are the members voting on this? None of this is making sense. It seems strange to me someone that has cut about 10,000 jobs is interested in anybody’s job security.

I continue to hear rumors about an upcoming future layoffs AND a merger. I'm hearing that the VSP and additional layoffs are being done to position us well for a merger (GuideWell???).

Skyworks has created a new severance plan for top executives.
It was approved on November 11, 2025 and filed on November 14, 2025.

This plan only covers Vice Presidents and Senior Vice Presidents who report directly to the CEO.
Directors, managers, engineers, and all non-executive employees are not included.

If a VP or SVP is laid off in normal times, they receive:
• One year of base salary
• One year of company-paid medical insurance
• A partial bonus they have already earned
• Some RSUs that would have vested within the next 12 months

If a VP or SVP is laid off after a merger or company sale, they receive:
• One and a half times their base salary
• One and a half times their target bonus
• Eighteen months of company-paid medical insurance
• Full vesting of all RSUs
• Extra time to exercise stock options

To receive these benefits, they must sign a legal release and follow non-compete rules.

This plan gives very strong protection to VP and SVP executives.
Regular employees do not receive these benefits.

Heard from a buddy in M&A that this is being discussed.

Don't ask "how do they expect [any function] to continue?". They don't. Verizon will look completely different very quickly and your job, if you still have one, is going to change. Whether it's a sale, merger, or complete dismantling, the old phone company is no more.

Will Repsol decision to merge with an unreputable company like APA Apache be a good or bad decision? Will it create or destroy jobs?

This 15000 is only the 1st round of layoffs mostly lower management.The next round in new year will be upper management levels .Its real and happening if you survive this round done get complacent.You need to start preparing getting situated financially mentally and looking for potential jobs.This does not end well for a huge majority of management levels especially once the frontier merger finalizes

What is Charter's retirement age and years of service is needed to retire? Also, does Charter offers subsidized health insurance in retirement? With the merger, I'm sure this policy will change to either Cox's terms or stay as Charter after the merger. Hopefully people can hold on to receive those retirement benefits.

That is what chatGPT told me. Ansys never had a mass layoff but Synopsys did a few times in the last a few year.

The merge was good initially if you sold all of your Stocks a few days after the merge. Otherwise, you lost 30% minimal.

... is Ajei. He and 5 generations of his offspring are good now. Everyone else suffers.

Synopsys to Cut 10 percent of Workforce, Close Sites in Restructuring
Source WSJ
Summary Synopsys will eliminate about 10 percent of its workforce and close some sites after its Ansys acquisition. Most reductions land in fiscal 2026 with completion expected in 2027.
URL https://www.wsj.com/business/synopsys-to-cut-10-of-workforce-close-sites-in-restructuring-b4d735f3

Silicon Valley tech giant cutting up to 2,800 jobs after 35B merger
Source SF Chronicle
Summary Synopsys plans up to 2,800 layoffs as part of a restructuring tied to its 35 billion dollar Ansys merger. The firm expects 300 million to 350 million dollars in pretax charges and aims to finish by fiscal 2027.
URL https://www.sfchronicle.com/tech/article/synopsys-layoffs-ansys-acquisition-21169869.php

Synopsys plans 10 percent job cuts after Ansys deal closure
Source Reuters
Summary Synopsys will cut about 2,000 jobs after closing its 35 billion dollar Ansys acquisition and missing revenue expectations. It expects 300 million to 350 million dollars in restructuring charges with most reductions in fiscal 2026.
URL https://www.reuters.com/business/world-at-work/synopsys-cut-about-10-its-workforce-2025-11-12/

Bay Area tech company Synopsys to lay off more than 2,000 workers
Source SFGate
Summary Synopsys will lay off over 2,000 employees during fiscal 2026 with WARN filings showing early cuts in California. The move follows the Ansys acquisition as resources shift to higher growth segments.
URL https://www.sfgate.com/tech/article/synopsys-layoff-more-2000-workers-21169492.php

Another major tech company just announced thousands of layoffs
Source Gizmodo
Summary Synopsys is preparing about 2,000 layoffs tied to its Ansys acquisition and broader restructuring. Most cuts will occur in fiscal 2026 with completion targeted for 2027.
URL https://gizmodo.com/another-major-tech-company-just-announced-thousands-of-layoffs-2000685222

Synopsys to cut about 10 percent of workforce in major restructuring
Source Yahoo Finance
Summary Synopsys will remove about 2,000 jobs after its 35 billion dollar Ansys deal and a recent revenue miss. The firm expects 300 million to 350 million dollars in pretax charges largely related to severance and site closures.
URL https://finance.yahoo.com/news/synopsys-cut-10-workforce-major-143726076.html

Synopsys to cut 2,000 jobs after 35B Ansys deal
Source Benzinga
Summary Synopsys will cut roughly 2,000 positions to redirect resources toward faster growing areas after the Ansys deal. The move follows several disappointing quarters and will carry significant restructuring costs.
URL https://www.benzinga.com/markets/tech/25/11/48810282/synopsys-to-cut-2000-jobs-after-35-billion-ansys-deal-shifts-focus-to-faster-growing-businesses

2,800 employees face layoffs as tech giant cuts 10 percent of workforce
Source MassLive
Summary Synopsys will eliminate about 2,800 jobs after integrating Ansys in a 35 billion dollar merger. Layoffs will occur mainly in fiscal 2026 with some already underway in California.
URL https://www.masslive.com/news/2025/11/2800-employees-face-layoffs-as-tech-giant-cuts-10-of-workforce-after-35b-merger.html

Synopsys to eliminate 10 percent of staff following Ansys integration
Source Computerworld
Summary Synopsys will cut up to 2,800 positions as it unifies chip design and simulation capabilities post Ansys acquisition. Analysts describe the move as strategic to accelerate synergy capture and strengthen competitiveness.
URL https://www.computerworld.com/article/4089177/synopsys-to-eliminate-10-of-staff-following-ansys-integration.html

Synopsys to lay off 10 percent of workforce
Source Businessworld
Summary Synopsys will remove about 2,000 jobs to streamline operations and refocus investments following the Ansys acquisition. It expects 300 million to 350 million dollars in restructuring costs through fiscal 2027.
URL https://www.businessworld.in/article/synopsys-to-lay-off-10-of-workforce-579532

Apache may get 19 billion dollars of assets for a mere handshake 🤝 they only have $350mm cash…and stock is a dumpster fire. How will this affect employees and jobs?

Let’s convince MW to intervene

Any insight from the water cooler?

Will this breath life into APA?

Let's talk about the possibility, consequences and impact, timing, possible stumbliing blocks, people, layoffs, pay, locations, etc.

Way and his band of merry VPs and directors are leaving us all in peril, one more time.

"The hack job they did during the merger have led to a wave of dissatisfaction among investors, who are now seeking their rightful compensation. It remains to be seen who will ultimately bear the cost of these developments". This is clearly a straightforward decision, and HR is well-equipped to handle the situation effectively.

Happy bean soup Thanksgiving and merry humble pie for Christmas, y'all!

Looks like the Fireman and Oilers union has agreed to the merger with a “Job for life” by Vena.

https://www.up.com/news/people/merger-protect-jobs-it-251110?utm_campaign=Union%20Pacific%20News&utm_source=facebook&utm_medium=Union%20Pacific%20Railroad

MSU said rr carload peak was in 2006. Interesting read. https://www.trains.com/pro/freight/class-i/msu-professor-up-ns-merger-cant-turn-back-the-clock-on-carload-decline/

A very simple question now all you Lexmark folk are part of Xerox - a warm welcome, or a shock awakening ?

I keep seeing posts on LinkedIn and places that it’s a reset and Fiserv is a legacy company etc, I worked at Fiserv for 9 years and loved the place. What I saw post merger with First Data, is atrocious. The amount of layoffs and the total dismantling of a great company for short term goals should be downright illegal.

Frank is absolutely responsible for where Fiserv’s stock sits today. Instead of building on what made Fiserv great—long-term, recurring contract value driven by core processing relationships—he chased short-term gains. The repeated rounds of layoffs might have bumped margins for a quarter, but they stripped out the expertise and continuity that sustained core revenue for decades.

He never truly understood the value of the core franchise. Instead of strengthening those contracts, he diverted focus to Clover, which is built on shorter-term merchant agreements that simply don’t offer the same stability or lifetime value. That shift toward quick wins and short-cycle contracts is exactly why the long-term fundamentals have weakened.

In the end, he traded durable revenue for momentary optics—and the stock price reflects that.

Illinois companies reported 1,722 mass layoffs in September 2025, with Capital One leading job losses following its merger with Discover and restructuring in Riverwoods.

Chicago saw 726 layoffs across six employers, including Spirit Airlines, Weiss Memorial Hospital, and Brookdale Senior Living.

Nearly 45% of layoffs affected suburban Cook County workers, while 39% occurred in nearby collar counties, with the rest spread across Champaign, Winnebago, Macon, and Stephenson counties.

Of the total cuts, 650 were standard layoffs, 430 were due to business closures, and 97 were furloughs or temporary layoffs, with about 63% expected to be permanent.

The report suggests Illinois could strengthen its job market by reducing its high property, corporate, and unemployment insurance tax rates to create a more competitive business environment.

https://www.illinoispolicy.org/capital-one-leads-illinois-mass-layoffs-as-companies-announce-1722-job-cuts/

Even if you are safe, be sure and pack your stuff. As you know, the executives love to restack the offices and pay movers to move everyone’s crates. It’s a timeless tradition: Musical offices. it’s immensely satisfying and is a fun way to waste money.

I remember one year my office was moved 4 times: once for new office furniture, once for bathroom remodeling, once again after remodeling was complete, and finally again for the Concho merger. It got to where I quit unpacking and just kept all my stuff in small boxes I could easily sit inside the crates - saved time…

You might also want to invest is Scott Rice stock - they’ll be getting plenty of business from us next year.

Mostly impacted middle management in marketing and engineering. However, some teams are entirely gone and being merged into different units. This has been going on in smaller batches throughout the year, but this is one of the first times leadership kind of addressed it. Coincided with Q3 earnings call, unsure whether c-suite discussed with investors.

This merger is really making me think about who bought who? So far looks like a lot of Xerox folks got cut in favor of Lex and their processes. I guess that’s the big solution? As always, it’s just rearranging chairs on the deck of the Titanic.

Analog Devices + Maxim Merger (Closed: August 2021)

✅ Total Layoffs: ~1,800 – 2,000 employees globally

This reduction came from both Analog Devices (ADI) and Maxim Integrated as part of the post-merger integration.
✅ Types of Jobs Impacted

1. Duplicated Support & Corporate Functions

These are always the first cuts in semiconductor mergers:

Human Resources (HR)

Finance

Sales administration

Procurement

Information Technology (IT)

Corporate functions that overlapped between ADI and Maxim

1. Overlapping Product & Business Units

Maxim had:

PMIC (Power Management ICs)

Battery charger ICs

Serial interface products

Automotive ICs

Sensor products

ADI already had large, established groups in these same categories → redundant orgs and product teams.

1. Redundant R&D Sites

After the merger, multiple smaller Maxim design centers were shut down, including:

Some Dallas groups

Selected Asia-based design teams

These were consolidated into ADI’s larger R&D hubs.

✅ Layoff Timeline

2020–2021:

Deal announcement
Planning for integration

Q4 2021:

ADI officially begins structuring the combined organization

First waves of integration layoffs

2022 (Peak Layoff Year):

Heaviest job cuts

Consolidation of overlapping business units

Closure of duplicated design sites

Corporate restructuring

2023:

Final “synergy cleanup” layoffs

Optimization of product lines

Rationalization of sites and teams

Total integration timeline: ~24 months

Wonder how much more bad news is out there now that Rick is out. Doesn’t instill confidence and I wish that we at Ansys were not acquired.

I suspect the initial set of layoffs will happen tomorrow now that we have an all hands call tomorrow.

Someone had leaked this year ahead of the Sept 30 transformation announcements.

Their info was good haha.

EMPS and Upstream to merge

Indeed, Zip Recruiter, LinkedIn, Monster! Keep applying the reality will hit soon. No transferable skills. No keeping current. Just gliding along. Thinking it would last forever. Enjoy those checks while they come in. The merger may be in 2027, but they arent going to merge the whole wagon and then start evaluating cuts. Skyworks is not paying out severance packages. Clear that noise from any future considerations. And if you live in one of those places with no semiconductor companies around, well I guess there is always coding like Joe said! Karma for every poor soul that got su-kered into working for the failed merger of RFMD and Triquint and lost their positions due to poor business management!

Anyone have any insight on potential impacts to Retail Ops?

In my mind retail ops and CS ops should merge so that the processes are aligned. I know it didn’t work with OPOO, but that was because of a terrible rollout and execution. It was basically, you also support retail now too.

Why does UP stock su-k so bad. They are always painting a picture of rainbows and unicorns. With earnings, safety, merger talk. Shareholders must know they are full of s$$$. Because the stock just wants to drop no matter what.

Tomorrow, 31 Oct 25, is Juniper's last day as the company.

The sadness of seeing something valued come to an end.

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).

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?

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.