#news

https://www.fool.com/investing/2026/10/14/3-reasons-to-buy-intel-stock-before-2027/

Seems like the buyout hype came and went pretty quick. Is it safe to say this has passed?

https://l.smartnews.com/p-8GnM2kJG/G0V0yL

AI researchers smoke because they think cancer will be cured: Palantir CTO

(NewsNation) — Palantir CTO Shyam Sankar says AI researchers are now smoking cigarettes to show their peers how much they believe in the technology.

"I believe so much in AI that it's going to cure cancer," Sankar said of the researchers' mindsets during a CBS News interview over the weekend. "So I'm showing you my chips are all in."

'AI robots are supposed to' cure lung cancer
"By the time you do get lung cancer, our AI robots are supposed to have cured that," the founder of AI wearable startup Friend, Avi Schiffmann, told Business Insider.

Game is rigged for the pawns….

Frontier is done, Brightspeed is next and rather soon.

This is just a sample:

https://www.reuters.com/business/kroger-plans-cut-about-third-corporate-roles-over-next-three-years-bloomberg-2026-10-12/

https://apnews.com/article/30f0a5d88377e9969ce8994644e14498

https://www.fastcompany.com/91622849/kroger-layoffs-news-today-thousands-jobs-slashed-ceo-memo

https://www.businessinsider.com/kroger-cutting-3-000-corporate-employees-over-3-years-2026-10

https://qz.com/kroger-corporate-layoffs-3000-jobs-101326

https://www.the-sun.com/money/17137923/kroger-cut-3000-jobs-devastating-layoffs-ai/

https://www.investing.com/news/stock-market-news/kroger-to-cut-over-onethird-of-corporate-workforce-in-major-restructuring-4945218

https://economictimes.indiatimes.com/world/business/3000-kroger-jobs-at-risk-as-ceo-greg-foran-launches-sweeping-restructuring-to-take-on-rivals-in-the-battle-for-cheaper-groceries/articleshow/134911280.cms

https://timesofindia.indiatimes.com/technology/tech-news/kroger-one-of-americas-oldest-grocery-chain-to-layoff-thousands-in-its-143-year-history-heres-what-ceo-told-employees-at-townhall/articleshow/134906399.cms

https://www.grocerydive.com/news/kroger-corporate-layoffs-3000-employees/832811/

https://progressivegrocer.com/kroger-cut-3000-corporate-roles

https://www.bizjournals.com/cincinnati/news/2026/10/12/kroger-to-lay-off-thousands-of-corporate-employees.html

https://www.wvxu.org/local-news/2026-10-12/kroger-cut-3000-jobs-cincinnati

https://gvwire.com/2026/10/12/kroger-plans-to-eliminate-3000-corporate-roles-memo-shows-as-it-expands-ai-use/

https://www.news4jax.com/business/2026/10/13/kroger-to-layoff-3000-corporate-employees-over-3-years-as-it-leans-into-artificial-intelligence/

https://www.the-journal.com/articles/associated-press/kroger-to-layoff-3000-corporate-employees-over-3-years-as-it-leans-into-artificial-intelligence/

https://www.bizjournals.com/philadelphia/bizwomen/news/latest-news/2026/10/kroger-to-lay-off-thousands-of-corporate-employees.html

I’m hearing more on the 15th of October

Anybody have more info?

Any news on Lori Ames org for layoffs? Been awfully quiet. Anything planned for this year?

https://www.sas.com/en_us/news/press-releases/2026/october/casey-mcgee-cso.html?utm_source=LINKEDIN&utm_medium=social-advocacy&utm_content=22164182292&utm_campaign=SAS+Brand

Get me out of this trucking place!!!!!!

https://finance.yahoo.com/technology/article/spacexs-starlink-could-pose-3-big-risks-to-apple-bofa-warns-175500290.html

• Amazon - cutting fewer than 1,000 corporate jobs across its retail and Stores operations, affecting employees in the US, UK and India. The reductions follow approximately 30,000 job cuts in previous rounds.
• Netflix - reportedly preparing to eliminate about 5% of its global workforce, potentially affecting 800 to 850 employees, with announcements expected as early as this week.
• HubSpot - eliminating approximately 660 positions, nearly 7% of its workforce, as the software company reduces management layers and reorganizes its operations around AI-enabled products and services.
• FICO - planning to reduce its global workforce by approximately 15% as part of a restructuring scheduled for fiscal 2027, with hundreds of positions potentially affected.
• Flock Safety - reportedly preparing to eliminate about 18% of its workforce, amounting to several hundred jobs at the automated license plate recognition and surveillance technology company.
• Paramount / Warner Bros. Discovery - warning employees that layoffs will accompany the newly completed Skydance merger, as management seeks to consolidate overlapping operations and reduce costs.
• 3M - hundreds of customer service employees facing potential layoffs as the manufacturing company reorganizes support operations and shifts work toward a new global service structure.
• Crumbl - closing 57 cookie stores across the US and reportedly eliminating positions at its Utah headquarters following declining sales and operational restructuring.
• ECM Energy Services - warning that up to 200 workers in West Virginia could lose their jobs beginning October 18 after the company lost a long-running contract providing traffic management services to Antero Resources.
• Terrace of Hialeah - planning approximately 175 layoffs at its skilled nursing and rehabilitation facility in Hialeah, Florida, with workforce reductions scheduled to begin December 6.
• Aramark / Guinness Open Gate Brewery - 174 employees facing permanent layoffs when the brewery and visitor attraction in Halethorpe, Maryland, closes on November 1.
• Grunt Style - closing multiple retail locations nationwide, including stores in Texas and Missouri, as the military-themed apparel company restructures its business. At least 38 jobs are affected at the identified locations.
• Cardinal Glass Industries - closing its laminated glass manufacturing facility in Statesboro, Georgia, eliminating 115 jobs as the company responds to changing market conditions. Layoffs are scheduled to begin December 6.
• Kings Food Markets - shutting down two New Jersey grocery stores, resulting in 122 layoffs as the supermarket chain consolidates its retail operations.
• Beachbody - permanently eliminating 80 jobs at its El Segundo, California operations, according to a state WARN filing, with layoffs scheduled for December 7.
• Caribou Biosciences - undertaking substantial workforce reductions and discontinuing its CAR-T therapy development programs, with 87 employees affected at its Berkeley, California operations.
• Lear Corporation - closing its automotive manufacturing facility in Sterling Heights, Michigan, resulting in 67 layoffs scheduled for November 9.
• Dakkota Integrated Systems - closing its Lansing-area Michigan automotive supplier facility, affecting 67 employees in production, material handling and engineering roles.
• Markdom Plastics - closing its Bellevue, Ohio molding facility, with 78 employees facing layoffs beginning in December and the plant expected to shut down by May 2027.
• True Food Kitchen - closing restaurants following a Chapter 11 bankruptcy filing, with 89 employees affected by closures in New Jersey and additional locations shutting down in other states.
• Bank First / Peoples State Bank - permanently eliminating 47 jobs across three Wausau-area Wisconsin locations following their merger, with layoffs scheduled between December 4 and December 18.
• Provider Partners Management Services - planning 39 permanent layoffs at its Columbia, Maryland operations beginning December 7, according to a state WARN filing.
• Cloudforce Group - reporting 33 permanent layoffs at its Oxon Hill, Maryland operations in an October 6 WARN filing.
• Cayuga Centers - filing notices affecting employees at its operations in Florida and California, with 13 jobs listed in Fort Lauderdale and 12 in Los Angeles as part of planned January 2027 reductions.
• Starbucks - planning 51 layoffs connected to store closures and corporate reductions in Washington state, affecting locations in Seattle, Redmond, Vancouver and Spokane.
• Stockton University - cutting 21 positions, including 14 faculty and seven staff roles, as the New Jersey institution confronts financial pressures.
• Baltimore Orioles - eliminating 16 positions in business operations, along with additional jobs tied to its regional sports network, affecting ticket sales, creative staff and game-day entertainment personnel.
• LDG Development - the Louisville, Kentucky-based housing developer confirmed a significant round of layoffs amid rising construction costs, high interest rates and difficult market conditions. The company did not disclose an exact headcount.
• Hawaiian Airlines - planning workforce reductions involving nonunion employees in Hawaii as the carrier adjusts operations and staffing. The number of affected positions has not been publicly established.
• Ninja Theory - layoffs have begun at the Microsoft-owned game developer behind Hellblade, with employees publicly confirming departures amid uncertainty about the studio's future.

#Manufacturing #Staffing #News

Who got the email just a few minutes ago? Any ideas?

I always hate it when there's nothing, not even rumors. Makes me feel like something major is coming and we're just being kept in the dark about it.

https://finance.yahoo.com/technology/ai/articles/oracle-orcl-faces-ai-balance-131348705.html

Verizon posts worst day since 2002 as SpaceX U.S. network plans whack cell provider stocks

https://www.cnbc.com/2026/10/09/verizon-att-tmobile-stocks-spacex-network.html

https://www.tmz.com/2026/10/10/barbie-fans-upset-over-alleged-na-i-salute-packaging/

No More WFH Monday. Everyone back to the office. Heard it here first

https://www.cnbc.com/2026/10/08/pepsico-pep-q3-2026-earnings.html

Netflix intends to reduce its global headcount by roughly 5%, with an internal announcement potentially arriving as soon as next week, according to Reuters, which cited Puck News. Netflix declined to comment on the report to Reuters.

https://finance.yahoo.com/media-advertising/articles/netflix-layoffs-company-planning-cut-131741881.html

Hurricane Isaias brought widespread cellular outages to the Southeast. Major news channels publicly thanked AT&T and Starlink for their mobile disaster response teams and getting a cellular network up and running for those impacted by the storm. No mention of Verizon. Is this because of cutbacks and reductions.

https://www.cnbc.com/amp/2026/10/10/vance-microsoft-h1b-layoffs-visa-data.html

No layoff news coming here first

T is in trouble. Starlink is on the move. Look at dismal T stock. John S. Has no answer and need to leave his position asap. He has been gaslighting for years. Elon will decimate T.

VZ requested FCC approval disinvestment in copper landlines in 9 states in 9/25/26, FCC gave temporary denial or pause, estimated final decision estimated 9/30.

ExxonMobil blocked a proposal for partners in the Kashagan oil field in Kazakhstan to make a settlement with ​the country's government over a disputed $5 billion environmental fine, ‌Bloomberg News reported on Friday, citing people familiar with the matter.

https://www.reuters.com/business/energy/exxon-blocks-kashagans-settlement-proposal-over-kazakhstans-5-billion-fine-2026-10-09/

to He-l... I hope

From Doug McIntyre:
Ford’s Terrible Five-Year Stock Performance
While the S&P 500 soared and rival GM recovered, Ford kept finding new ways to stumble under CEO Jim Farley, and the reasons behind its five-year slide reveal a company struggling to hold its ground in almost every market it…

Ford stock fell 18% over five years while the S&P 500 gained 75% and GM rose 40%, with Jim Farley overseeing most of the decline.

Ford's Europe sales dropped 18% to 171,670 units, falling behind Chinese EV maker BYD, which surged 163% to over 177,000 registrations.

Ford's upcoming Fathom EV pickup launches on an unproven production platform a year from now, highlighting the company's slow model-to-market pace.

https://247wallst.com/investing/2026/10/09/fords-terrible-five-year-stock-performance/

Any official news on a continuation?

Stanley knows this business, Stankey has a plan.

The hits just keep coming:

https://www.timesnownews.com/technology-science/openai-faces-fresh-copyright-lawsuit-accused-of-using-news-stories-to-train-chatgpt-article-156301263

AT&T’s $T CEO spent September telling everyone $SPCX Starlink’s mobile plan was “not a viable strategy.”

His exact words: satellite solves the last 2%, not the 98%. It can’t penetrate buildings. Small cells won’t fix it. It would cost as much as building a macro network. “A whole bunch of reasons why that won’t effectively work.”

Then SpaceX bought nationwide 800 MHz low-band spectrum today. The exact band Stankey himself admitted gets decent penetration into buildings.

The one he said satellite doesn’t have.
Then the FCC cleared 15,000 Starlink Mobile satellites at 330 km, up to 150 Mbps per user, with a waiver letting SpaceX sell service on spectrum it owns instead of leasing from a carrier.

Then, on October 1, AT&T, T-Mobile, and Verizon launched a joint venture to blanket US dead zones with satellites. Their own words: pooling spectrum, common standards, direct-to-device.
So the timeline is: “not viable” in September. “We need satellites too” in October. Same month.

Stankey also said fiber is three times faster than satellite and nothing beats it. True. Fiber also doesn’t fit in your pocket. Nobody is choosing between a fiber line and a phone plan.

The 2% he dismissed is a $200B+ market. And the company he called non-viable just bought the spectrum layer he said it was missing.

Meanwhile the stock is in free fall down over 10%

That Elon’s so hot right now

Netflix is reportedly preparing for substantial layoffs across the company. Sources indicate that these cuts are expected to be significant in scale. The exact timing of the reductions remains uncertain, with some anticipating them to begin imminently. This news follows a period of increased scrutiny on the streamer's viewer engagement metrics. Netflix has not yet officially commented on the reports.

Los Angeles, California

https://deadline.com/2026/10/netflix-layoffs-1237150620/

Are layoffs affecting a specific part of the company Tuesday or will it be across all brands? Or are other rounds coming later

Looks like OpenAI won't be able to meet its financial obligations to Oracle.

https://futurism.com/future-society/ai-financial-bubble-openai-billions-failure