#news

Xerox and Lexmark Secure Majority of $385 Million of USGPO Contracts in 2025. (Google this)

What happened with the coin toss? People are saying it was botched but I didn’t see anything that indicated it went poorly? In a strange video she said she trained for the coin toss….and I don’t think she was joking. Lastly, it has been reported that PP was crying a lot signing the new partnership agreement - is that true?

The General Services Administration is abandoning plans for additional layoffs within its Technology Transformation Services after a federal judge ruled on Wednesday that the Trump administration must pause any layoffs underway and rescind layoffs issued since the start of the government shutdown on Oct. 1.

https://www.nextgov.com/people/2025/12/gsa-backs-planned-layoffs-within-its-technology-team-after-court-order/410304/

A multibillion-dollar federal delivery contract awarded to FedEx coincided with a sharp rise in the company’s use of foreign workers, even as it carried out large-scale layoffs of U.S. employees across multiple states.

https://finance.yahoo.com/news/fedex-wins-2-2b-federal-180028951.html

https://www.yahoo.com/news/articles/trump-summon-insurance-execs-demand-212014626.html

None of us small folks needed this deal.

https://www.djournal.com/news/business/cadence-bank-layoffs-begin-company-maintains-it-is-committed-to-tupelo/article_05b780fe-6373-4bb7-a31e-c9da3b8be5f3.html

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.

39.82 USD

• 1.37 (-3.33%)past month
  Closed: Dec 19, 7:58 PM EST • Disclaimer

https://www-cnbc-com.cdn.ampproject.org/c/s/www.cnbc.com/amp/2025/12/19/unitedhealth-group-results-independent-audit-investigation.html

Franklin Foods is closing its Casa Grande facility. This closure will result in 83 job cuts. The company had previously reduced seven positions. These earlier cuts included key leadership roles. The plant is located in Pinal County. Casa Grande, Arizona

https://www.bizjournals.com/phoenix/news/2025/12/18/dairy-cream-cheese-layoffs-casa-grande.html

Has anyone heard? Seems management knows but haven’t officially announced

https://old.reddit.com/r/ATT/comments/1ppowek/att_staff_outrage_prompts_ceo_stankey_to_regret/

Any news? The WCs keep hiding behind the confidentiality.

Billionaire Darwin Deason The Man Who Sold ACS To Xerox for $6.4 Billion in 2010 Passes Away at 85. (Xerox's Largest Chairholder)

https://www.newsweek.com/h1b-visas-banned-republican-proposal-11226290

https://www.newsweek.com/h1b-visas-banned-republican-proposal-11226290

Guess this puts to rest any concerns re financial challenges and ccc+ credit rating.
https://www.news.xerox.com/news/xerox-and-lexmark-recognized-as-sustainability-leaders-in-quocirca-2025-report

https://www.wsj.com/business/retail/pepsi-worked-to-keep-prices-higher-at-retailers-to-protect-walmarts-prices-ftc-found-e2c46883

How much did we lose on that deal?

Any updates on Shell buying LLOG, what will happen to the people working offshore on the platform?

PepsiCo is reportedly preparing for job cuts, with layoffs potentially announced as soon as this week. A key indicator is the company's instruction for employees in some major North American offices, including its headquarters, to work from home. These potential changes follow a memorandum from PepsiCo outlining initiatives to enhance shareholder value, focusing on organic revenue growth, productivity savings, and improved operating margins. These strategic shifts are widely interpreted as a response to activist investor Elliott Investment Management's demands for cost reduction and operational efficiencies. While no official layoffs have been announced, PepsiCo executives have used the term "right-sizing the workforce," which often refers to job eliminations.

https://www.inc.com/fast-company-2/pepsi-layoffs-job-cuts-pepsico-right-size-workforce/91279159

Ford’s $19.5 Billion write-down marks the largest impairment taken by a company in Detroit’s history!

Bill and Farley should be getting an award!

7.8 million people out of work.

Per CNN article.

Let that sink in.

Is it true?

This is what I've heard

Barely 3 years ago, will history repeat itself for CE1? Hmm

https://www.cleantrucking.com/battery-electric/article/15353055/ford-ceo-dubs-their-next-electric-truck-millennium-falcon-as-construction-of-mega-ev-factory-continues

Ford plans to hire 2,100 employees for the new iteration of the Glendale plant, and a company spokesperson said Monday that all those laid off will have the "opportunity to apply" for those new jobs.

https://www.wdrb.com/news/business/ford-will-lay-off-all-1-600-kentucky-battery-plant-employees-as-it-pivots-away/article_32ef2a58-eb9d-4bf4-820d-c2417b6793ea.html

It is with a heavy heart that I post the waiver approval pushed by the AAR....It is unfortunate that those who currently sit in charge of official agencies make it no less than a perfect storm for the railroads to get what they want. I do not yet know the current status for the waivers for signal inspections, but they are sure to get approved as well.

Geometry cars are already being set aside, and some track inspectors are to be impacted slowly until %'s are satisfied.

This will be the topic today.

Merry Christmas!

“The acquisition of Armis marks a clear entry by ServiceNow into cybersecurity”

https://www.calcalistech.com/ctechnews/article/qagxm0z4y

Bloomington hit today!

Am I reading it right, Athina is a CEO now !!

Any news on transfer partners? Is this card coming back on market after the reward restructure?

Cisco Having Cramer’s Blessing should say it all…enjoy!

https://finance.yahoo.com/news/jim-cramer-cisco-company-heart-153450841.html

https://www.reuters.com/world/us/us-invalidates-union-contract-covering-47000-tsa-officers-2025-12-12/

Chatter about a big announcement. Anyone got any deets?

Aldevron is laying off employees again this year, reducing its workforce by roughly 7%, mostly at its Fargo sites.

https://www.inforum.com/business/aldevron-announces-additional-layoffs