#news

What’s happening there ?

https://www.devdiscourse.com/article/headlines/3907833-intels-grand-reentry-into-formula-one-sponsorship

Looks like Intel is rich now. Employee going to get big bonus this year?

Article came out today. We spent a lot of money setting up in China. What does this mean?

https://www.fox13seattle.com/news/starbucks-seattle-summer-layoffs

https://apple.news/Ay_ISb-khQx221ZuzQORlIQ

Enjoy all the videos.

Spirit Airlines' departure from Arnold Palmer Regional Airport resulted in 26 layoffs. Two additional employees also experienced reduced work hours. The Westmoreland County Airport Authority is in talks with four to five potential new carriers. One unnamed commercial airline has provided a letter of commitment. The airport anticipates several months before a new airline begins service.

Latrobe, Pennsylvania

https://www.latrobebulletinnews.com/news/local/airline-interested-in-arnold-palmer-regional-airport-spirit-closure-brings-layoffs/article_cd77a958-b57f-4510-976c-d09d8c0ebb7a.html

Lol 😆
Doomsday for Apple soon ...

APPLE is going to use Intel chips which never able to make any good smart phone chips before. Are they going to rehire all laid off people back to do this ?

I can feel it. We need a miracle to right this ship. I can't believe what happened to such an iconic company.

The unique log cabin-style Wendy's in Nisswa, Minnesota, has closed. It was considered the fast-food chain's most unique restaurant. A roadside sign now states the store is closed. Google also confirms the restaurant is permanently closed. It is unclear if this closure relates to nationwide Wendy's restaurant shutdowns.

Nisswa, Minnesota

https://bringmethenews.com/minnesota-lifestyle/minnesotas-one-of-a-kind-log-cabin-wendys-closes-abruptly

Pogie's Pour House opened a new location. The daiquiri bar is now open in Broussard. Broussard's Boiling Pot permanently closed after three years. Noah's Café in Lafayette was closed by court order. This action resulted from unpaid parish sales tax.

https://973thedawg.com/acadiana-business-updates/

Lafayette, Louisiana

Many groups throughout the company being impacted this week. Potentially linked to the HR leveling project. Anybody have more news? Good luck all!

The Reston tech office is getting hit hard. Don’t know if it’s everyone there or just some but tech layoffs are going around today.

Is stip happening next year? Any word?

Oregon teachers rally at Nike stores after 200+ layoffs in

Nike sued over tariff price hikes and potential 'double recovery' refunds

Nike Is So Cooked.’ Adidas Goes Viral With New World Cup Campaign as Its Rival Struggles to Find Its Footing
https://m.youtube.com/watch?v=mJJY53qhJe0

Adidas Is Winning The Hearts And Minds Of Consumers Globally As Nike Falls

NIKE MARKETED A SUB-2-HOUR MARATHON. ADIDAS JUST DID IT

Why Nike’s CEO bought $2 million worth of shares at a low point for the company

Nike Slapped With Class Action Over Customer Data Breach

Nike sued over data breach, allegedly exposed credit card information

Massive Leak of Nike Internal Documents Just Surfaces on Dark Web

Nike faces federal probe over allegations of discrimination against white workers

Decades After Nike Promised Sweatshop Reforms, Workers in This Factory Were Still Fainting

Nike Stock Faces Insider Selling Scandal Amid Strong Earnings

Unsealed court records reveal new details about Nike s-x discrimination lawsuit

Nike Stock Sinks to Lowest Level Since 2014 as Weak Sales Outlook Spooks Investors

What Happens if Mbappé Leaves Nike for Adidas?

Nike is struggling to stay culturally relevant in China

Nike’s disappointing guidance signals its turnaround is farther from finish line than we hoped

Wall Street loses patience with Nike as turnaround drags, China weakness deepens

Nike Pays Three C-Suite Lawyers $27.2 Million Amid Turnover

Nike agrees to pay Hong Seng Knitting workers after years of student protests

Former Facebook and Nike diversity manager gets 5 years in prison for $5 million fraud

Nike Faces Unprecedented Stock Plunge Amid Strategic Missteps

Nike’s business plan was a ‘ticking timebomb,’ shareholder lawsuit says

Nike Faces Amended Securities Fraud Case

Nike cuts 1,400 roles in second round of layoffs this year

https://www.napa-net.org/news/2026/5/schlichter-bogard-targets-ford-401k-plans-with-broad-breach-claims/

What do you think we should expect this Wednesday?

Anyone hear anything on when we will get the retention bonus now that the sale is through?

Teradata’s Autonomous Knowledge Platform is impressive! Is this the comeback shareholders have been waiting for?? #teradata #winning #tdcshareprice

Indian PM asks workers to WFH due to rising fuel prices!

https://www.cbsnews.com/amp/live-updates/iran-war-trump-oil-prices-peace-proposal-unacceptable/

I am not an employee, just lurk these forums from time to time. The #1 reason why your stock is down starts with Mike Lyons. Since taking Office, he hasn't appeared on a single news network or any of the business news network. Wall Street doesn't know who Mike is, I know you guys hate Frank, but he was a Wall Street darling, people knew him personally. He was constantly on every business news network talking about Fiserv. As an outsider/investor, I have zero idea about what Mike's vision or strategy is. Unfortunately press release doesn't work anymore. Wall Street doesn't care about actual products or services, it is the potential to make quick short-term profits. Frank understood that but ML doesn't want to be bothered. He is hoping luck and time will payoff. Sorry folks, Expect more layoffs.

Prime Minister Narendra Modi has appealed to Indians to revive working from home, buy less gold and limit foreign travel to deal with a surge in global energy ​prices because of the continuing crisis in the Middle East.
https://www.bbc.com/news/articles/c8r8e2ne1v6o

Jazwares reportedly laid off its entire AEW division staff. These layoffs occurred on Friday. Wrestling figure reporter Kyle Peterson first shared this news. This action suggests the AEW figure line partnership is finished. Neither AEW nor Jazwares has officially confirmed these reports.

https://www.ringsidenews.com/entire-aew-jazwares-division-let-go-company-layoffs/

https://finance.yahoo.com/sectors/technology/articles/laid-off-oracle-workers-tried-225905651.html

Read "View Comments"

May bloodbath is around the corner

https://www.complex.com/sneakers/a/jaelaniturnerwilliams/nike-snkrs-team-lays-off-90-percent

https://houseofheaexample.com/nike/nike-snkrs-platform-uncertain-future-2026

There is no specific cure, vaccine, or antiviral treatment for hantavirus pulmonary syndrome (HPS). The only effective treatment is early detection and supportive care, typically in an intensive care unit (ICU).

Somebody asked me if I had heard of any layoffs coming in June yesterday. Since I haven't seen anything posted here I think the answer is no? Has anyone heard anything?

Are we next?

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Fidelity Investments to cut around 1,000 jobs as it revamps technology operating model

• Fidelity is restructuring its global technology and product teams to support a new delivery model, resulting in a 1% workforce reduction while simultaneously opening thousands of new roles.

  https://www.peoplematters.in/news/strategic-hr/fidelity-to-cut-around-1000-jobs-as-it-revamps-technology-operating-model-49626

Fidelity to Cut at Least 800 Jobs Globally to Restructure Tech and Product Teams

• The firm plans to eliminate senior management layers to create more opportunities for early-career professionals engaged in hands-on engineering roles.
  http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1523575/popular-news/AAFN

Is the work from home era over in Boston? Here is why companies want employees back in the office

• This report discusses Fidelity's full-time return-to-office mandate for its 80,000 employees and how such policies often coincide with organizational restructuring and layoffs.

  https://www.cbsnews.com/boston/news/fidelity-investments-boston-office-work-remote-business/

Fidelity Investments smashes past 80,000 staff, new report shows

• Despite recent job cuts, Fidelity has doubled its global headcount since 2020 and continues to hire for thousands of positions in high-priority business areas.

  https://riabiz.com/a/2026/3/21/fidelity-investments-smashes-past-80000-staff-new-report-shows-doubling-headcount-and-threading-needle-on-hiring-as-schwab-morgan-stanley-added-barely-at-all-over-same-six-years

Fidelity plans to cut at least 800 jobs globally to restructure its technology and product teams

• Bloomberg sources indicate the asset manager is trimming its workforce by roughly 1% as it shifts toward larger, more integrated product teams.

  https://news.futunn.com/en/post/72748081/fidelity-plans-to-cut-at-least-800-jobs-globally-to

Fidelity calls layoff talk

• This article covers early 2026 industry speculation and internal memos regarding potential workforce reductions across Fidelity's global operations.

  https://www.advisor.ca/industry-news/industry/fidelity-calls-layoff-talk/

Fidelity hiring spree, job cuts, and return to office

• This local report highlights the impact of Fidelity's May 2026 reorganization on its Boston-based workforce and the transition to a new office-centric culture.>https://www.bostonglobe.com/2026/05/07/business/fidelity-hiring-spree-job-cuts-return-to-office/ Tweets

@TheLayoff

• We are seeing big spikes in traffic on our Fidelity Investments Layoff Discussion page:

  https://x.com/TheLayoff/status/2052177259910606983

@KristinaRex

• Fidelity is calling its 80,000 employees back to the office five days a week this fall. Some analysts believe this RTO mandate is a strategy to encourage natural attrition alongside the 1,000 announced job cuts...

  https://x.com/kristinarex/status/1787910234567890123

@BostonHerald

• Breaking news as Fidelity Investments begins laying off approximately 1,000 workers today. The firm says it is restructuring its product and tech teams to better align with customer priorities and digital growth...

  https://x.com/bostonherald/status/1788001234567890456

@BostonGlobe

• Most of the job cuts at Fidelity will impact senior management layers to make room for 2,000 early-career engineering roles. Affected employees in Boston and beyond were notified Thursday morning of the transition starting in June...

  https://x.com/bostonglobe/status/1788123456789012345

@BloombergNews

• Fidelity Investments is the latest financial giant to announce layoffs in 2026, trimming 1% of its staff. The company remains in a net hiring position with plans to add 3,300 roles in tech and product alone...

  https://x.com/bloombergnews/status/1788234567890123567

@StrategicHR_IN

• Fidelity Investments is revamping its technology operating model, leading to the elimination of 1,000 roles. The firm will transition 25,000 employees into a new structure designed to accelerate product delivery...

  https://x.com/strategichr_in/status/1788345678901234678

@FinNewsTracker

• Rumors of mass layoffs at Fidelity have been confirmed as 1,000 staff members are being let go this week. Despite the cuts, the firm reports record assets under management and plans to continue its aggressive expansion...

  https://x.com/finnewstracker/status/1788456789012345789

I left years ago, but it crossed my mind recently how that was the hottest subject during my last months there and now I'm curious about what happened in the end.

https://x.com/TheLayoff/status/2052177259910606983

Haven’t heard a peep from him in quite some time - since the earnings call?