#news

https://www.vogue.com/article/isaac-mizrahi-is-targets-first-creative-director-at-large

https://investors.fiserv.com/news-releases/news-release-details/fiserv-announces-leadership-transition

Whoops. We sent someone a replacement device and then wiped it because it was flagged as a demo phone in our system.

https://www.youtube.com/watch?v=9UKliRxYI14

Takeda Pharmaceutical, Massachusetts’ largest life sciences employer, is preparing to lay off 247 employees in Cambridge, with cuts beginning as soon as July 1, 2026 and some possibly extending into 2027.

The article is posted here: https://finance.yahoo.com/sectors/healthcare/articles/largest-mass-biotech-employer-axing-181441933.html

The layoffs are part of Takeda’s broader Transformation Program, approved in March, which aims to save about $1.2 billion annually by 2028. Globally, Takeda plans to cut around 4,500 jobs by March 2027, which is less than 10% of its workforce. The Massachusetts layoffs are included in that global figure, not an additional round.

A major driver is the sharp decline of VYVANSE, Takeda’s ADHD dr-g, after it lost U.S. patent protection in August 2023. U.S. sales reportedly fell 63% last fiscal year as generics entered the market.

Takeda said many affected Massachusetts employees have already found other roles inside the company, and it has about 2,100 open positions globally, including in Massachusetts. The company says it is prioritizing internal candidates.

The article also notes that Takeda recently lost an antitrust case involving AMITIZA, but the company said that verdict is not connected to the layoffs.

Takeda is now relying on several experimental dr-gs, including oveporexton, rusfertide, and zasocitinib, to help replace lost VYVANSE revenue.

Just wanted to let you know that VOYA Financial laidoff (we believe) 80% of the acquired employees from their One America Retirement Services purchase in April 2026

Wow. Have you seen this? I just saw it. They’re talking about it all over—everyone is talking about it. Dan Schulman, the guy from Verizon. Great company, by the way, very big, very powerful, though frankly, the signal in Mar-a-Lago could be better. We’re looking into that.

But Dan—fake news Dan—he’s writing love poems. Can you believe it? Love poems! To his wife! And let me tell you, I’ve seen the poems. Total disaster. Weak. No vocabulary. Sad! He tells his wife her eyes have "low latency." Incredible. If I told Melania she had low latency, she’d lock me out of the penthouse. Total catastrophe. Dan is out there dropping calls in the bedroom. He’s got zero bars, folks. Absolutely zero bars. Sad!

Heard wind of activity tracking being implemented on PCs sometime next week

Heard a big announcement was coming next week ? Anyheads up ?

https://www.thelayoff.com/post/@OP+1kryy7b2b

Let's blow that one up.. add your layoff Intel there.

Genentech has reportedly eliminated its infectious disease and physiological chemistry units, losing key executives including Vishva Dixit and Man-Wah Tan.

https://www.bizjournals.com/sanfrancisco/news/2026/06/11/genentech-layoffs-infectious-disease-job-cuts.html

I'd remove it from here

https://www.theautopian.com/the-30000-ford-ev-pickup-is-way-smaller-thank-you-think-we-got-an-exclusive-look/

https://www.cnbc.com/amp/2026/06/10/citigroup-shares-outperform-down-market-after-trump-endorsement.html

https://www.azcentral.com/story/money/business/jobs/2026/06/09/arizona-layoffs-eased-in-may-labor-market-still-mixed/90462646007/

Ouch! another blow to our company

https://www.fcc.gov/document/fcc-fines-att-57m-location-data-violations

what is the latest and greatest ?

Just curious.

The news comes in an especially delicate context for tech employment. In just five months of 2026, companies in the sector have accumulated nearly 140,000 layoffs worldwide.

https://www.escudodigital.com/en/technology/artificial-intelligence/google-announces-ffresh-layoffs-deepening-tech-industry-turmoil.html

Stink is a genius, RTO is working!!!

A couple of places says the 401k lawsuit will be this Friday, June 12. A couple of places say no set date has been established.

Anyone know anything more official-like?

https://www.aol.com/news/charlotte-business-week-longtime-plaza-092500635.html

Supercell has reduced staff within its North American division. This news emerged from social media posts by former employees. A co-founder of one US branch, Steve Desilets, was among those impacted. His studio's game project was canceled, leading to the team's disbandment. Supercell has not yet publicly commented on the situation.

https://wnhub.io/news/hr/item-51064

Maria Aspan, a finance correspondent for NPR, was laid off. She spent two years covering Wall Street, the economy, and corporate power. Aspan joined NPR from Fortune magazine, where she was a senior features writer. Her career also includes reporting for American Banker and Reuters. She has received numerous awards for her journalism.

New York, NY

https://talkingbiznews.com/media-news/npr-finance-correspondent-aspan-among-the-layoffs/

Stop stealing other company chip patents !
Stop the layoffs immediately !

https://allaboutlawyer.com/vlsi-intel-3-billion-patent-lawsuit-appeals-court-2026/

Anything yet?

https://hrexecutive.com/why-uber-is-cutting-nearly-1-4-of-its-hr-team/

Excessive DNS traffic overwhelming infrastructure limits

USAA just return 1 billion to its policyholders in Florida. Does State Farm have the ba--s to do the same in more states?

https://www.theinformation.com/articles/google-nvidia-consider-intel-backup-chip-manufacturer

Hearing strong chatter about WB buying naps in west haven.

This new interview by Dan is the nuke. Feels like everything everyone will be impacted by the news from Dan. He is literally telling us major cuts in high volume will be the norm. Expect layoffs in perpetuity. Everyone in CS is vulnerable. No such thing as safe roles. This will create a lot of chatter in the company expect aggressive moves coming from the top

I’m convinced “nunchucks” has no idea what he’s talking about.

https://finance.yahoo.com/sectors/technology/articles/verizon-ceo-sends-shocking-message-163300683.html

"'Misunderstood'", eh?

https://stocktwits.com/news-articles/markets/equity/ibm-stock-hits-52-week-high-citi-raises-price-target-to-375-on-quantum-push/cZ00XlqReDj

Here's the link to a very detailed article from the UK Daily Mail regarding the current state of affairs:-

www.dailymail.com/news/article-15878351/amp/GUY-ADAMS-BP-death-British-oil-giant-war-fossil-fuels.html

Though not for good reasons. I guess this is as close to relevance as they can get these days though.

https://www.reddit.com/r/technology/comments/1ty2vto/ceo_says_there_will_be_no_raises_because_he_spent/

Heard that SCM was gutted this week. Anyone have details?

ESPN expects another round of layoffs. This follows its recent acquisition of NFL Network. The NFL gained a 10-percent interest in ESPN in the deal. The NFL Network purchase is a major factor in these upcoming job cuts. Both off-air and on-air employees are expected to be affected.

https://www.nbcsports.com/nfl/profootballtalk/rumor-mill/news/report-nfl-network-acquisition-will-spark-more-espn-layoffs

https://www.freep.com/story/news/politics/2026/06/04/trump-says-ford-gm-want-bill-to-restrict-owners-from-fixing-their-own-vehicles/90410359007/?tbref=hp

"pump and dump"