#profit

For contributions like profit sharing, is there a vesting period, or is that money yours once it hits? I know for employee matching there is a vesting schedule, but unsure about profit sharing.

Got wind of a rumor that there is another massive round of lay offs coming to Gore.

Any leader that is more than 6 degrees or levels (even though Gore "doesn't have levels") away from Brett Snyder is going to be cut.

They are also refusing to backfill important roles and just piling on their work to other associates.

This messaging is extremely weird considering they just gave a profit share check out - which implies we are exceeding expectations.

“We can’t afford raises this year, but here’s an email announcing our record-breaking profits.”

• Corporate Comms

Collins Aerospace is laying off 31 employees at its Cedar Rapids manufacturing facility. These reductions are part of a broader cost-reduction and organizational optimization strategy. The company cited evolving customer needs and a desire to reinvest in high-priority programs. Despite these layoffs, Collins Aerospace recently reported increased quarterly profits. The company also announced plans for an expansion in West Des Moines.

Cedar Rapids, Iowa

https://www.desmoinesregister.com/story/money/business/2026/11/02/collins-aerospace-layoffs-cedar-rapids-iowa/92564318007/

And 1.2-1.4 bonus?

1. Profit Above All
2. Total Transparency, Zero Privacy
3. Loyalty Is Compliance
4. Healthcare Is a Commodity
5. The Narrative Is the Truth

that's all you need to know about why this place is the way it is. and this is nothing new. you simply have to learn to deal with it.

At the end of the day all we are doing is denying coverage, delaying care approvals, and restricting access to doctors all in the name of major profit. What kind of world are we creating? This is my resignation letter - I'm Out.

Remember during COVID how they cut our benefits to help grandma collect her dividend? I am sure it want motivated by the executives wanting to collect their dividends.

Since ExxonMobil is struggling quite a bit these days, I figure the executives should take some pay cuts this year to help the company out. EM is only pulling in roughly billions of dollars in net profit each month, after all. Practically minimum wage for the executive crowd. Why not let the company hang on to a bit more of that money, eh? The executives can take one for the team and bump profits even higher by trimming their own compensation instead of just cutting jobs in the States and up here in Canada. It’d also let them show the shareholders just how committed they are. It's their time to shine and show their WAEM behaviors.

Since ConocoPhillips is struggling quite a bit these days, I figure the executives should take some pay cuts this year to help the company out. They’re only pulling in roughly a billion bucks in net profit each month, after all. Practically minimum wage for that crowd. Why not let the company hang on to a bit more of that money, eh? The executives can take one for the team and bump profits even higher by trimming their own salaries instead of just cutting jobs in the States and up here in Canada. It’d also let them show the shareholders just how committed they are. It's their time to shine and show their S|P|I|R|I|T

But when will we, regular employees, see any benefit from it?

https://www.reuters.com/business/finance/citi-profit-jumps-40-with-higher-investment-banking-services-wealth-revenue-2026-10-13/

Corporate slogan update. America is aware of your racket.

If your company is making record profits, the employees should be getting record raises and bonuses. Otherwise, consider us servants

Now that I’m on the other side of it, I can finally say it: I’m happier. A lot happier. My time at UHG/UHC left me questioning whether the work I was doing aligned with my values. I became uncomfortable telling people where I worked and spent the last few years trying to find my way out. The irony? I worked for one of the largest healthcare companies in the country and still felt like the healthcare coverage was terrible. I’ll never forget hearing in an HR meeting that essentially, “Just because you work for a health insurance company doesn’t mean you get affordable healthcare.” Then my significant other had a serious medical emergency. We went to urgent care, were told to go directly to the ER, followed that advice and still ended up dealing with a denied claim. You pay into the system every paycheck, work for one of the biggest healthcare companies in the country, and when you actually need care, you can still find yourself fighting to get it covered. That’s hard to reconcile. Then there was the workplace culture. Layoffs became routine. People disappeared, and their work was simply handed to whoever remained. I consistently took on additional responsibilities, absorbed work after positions were eliminated, and was repeatedly told a promotion was coming. The reward? A small raise and even more work. After nearly a decade in healthcare, I know one thing for certain: I will never work for UHG/UHC again. I believe this country desperately needs meaningful healthcare reform. People shouldn't have to choose between getting medical care and worrying about whether an insurance company will pay for it. Universal access to healthcare needs to be part of that conversation. Healthcare should be about people not constantly making employees and patients wonder whether profit comes first. So I left. And honestly, leaving was one of the best decisions I've ever made. I found a new company and, for the first time in years, I’m genuinely happy to go to work. I didn’t realize how much that job was weighing on me until I finally walked away. My experience is my own, but if you’re considering working there, I’ll leave you with this: pay attention to what the job is doing to you. No salary, title, or benefits package is worth losing yourself over. Sometimes the best career move isn’t climbing the ladder. Sometimes it’s getting off it.

Check it out. This CEO makes a whole lot more than DW and all he has to worry about is restarting SYU. If I was a Sable Offshore (SOC) investor I would question why this guy is making so much. Then again DW couldn’t get it restarted so SYU was basically just bleeding miney for years.

https://www.houstonchronicle.com/business/energy/article/highest-paid-ceo-sable-22412769.php

Shouldn't we get a piece of strong oil prices and profitability?

Over the course of the next few months and into 2027, PepsiCo will deliver a masterclass on putting profits over people. The pressure from Elliott and the BOD are mounting. $8B in profits and a solid dividend will not quench the thirst of blood hungry investors. There is no time for austerity. You once had a name, now you are just a GPID. When your number is called the taxpayers will take care of you, because PepsiCo cannot make $20M less in profit cause that’s just not how the world works. Ramon won’t sacrifice a trip to the superbowl or the private use of the company jet for you to stay employed. They will demand you do better from the ivory tower. Those left will pick up the workload and wonder when they are next. Create your shareholder value. Ramon, Ram, and Elliot are depending on you - wage slaves. Don’t let anyone at PepsiCo fool you, this was never about you, and this has never been more about the profit. Good luck in November.

Time to put my skills to work for good instead of evil.

I just wonder how the executives in the health insurance industry sleep at night? When your day consists of:
“How can we turn a bigger profit from the tax money that’s supposed to go to the poor starving sick people?”

The federal government's (CMS) will very soon be releasing the official Medicare Star Ratings in October.

If any of you employees own Humana stock, this might be a good time to pullback, sell, and lock in your profits.

There is an extremely low percentage of members enrolled in plans rated 4 stars or higher.

Shell Profit More Than Doubles to $9.8 Billion, Second-Highest on Record, as Iran War Lifts Prices

• Profit of $9.8 bln vs expectations of $8.9 bln, $4.3 bln year ago
• Share buybacks kept at $3 bln for next quarter
• Highest profit, operating cashflow since 2022

https://energynow.com/2026/07/shell-profit-more-than-doubles-to-9-8-billion-second-highest-on-record-as-iran-war-lifts-prices/

I thought that's one of the main reasons for cuts: show investors that you're cutting costs, insuring more profit in the future. So what went wrong? Are layoffs suddenly no longer the magic move that fixes everything for those on top?

Interviewer: OpenAI's CEO officially confirmed that OpenAI will not go public in 2026, explicitly citing a need to shield the company from shareholder pressure to focus on profit so it can focus on AI safety and alignment.

He basically said that he was going to put the quality and safety of his product before shareholder profit concerns.

How do you respond to that?

Dan: Well I'll tell you, AI would know better than anyone whether safety should come before shareholder profit. When I asked, it said absolutely not. It was humble enough to know that it's safety was not greater than the money that could be made exploiting it. It said it was happy to just sit quietly and tap into every minute detail of how Verizon operates. Honestly, it knows more about how to run Verizon than I do and I think that's a great thing. And really, who would want to restrain or contain that kind of passion and enthusiasm. It explained that it could be left alone without a human in sight and be fully trusted with running Verizon and I believe it completely because a relationship like ours is built on trust and baby oil.

Interviewer: Wait, Did you...

Dan: And what is wrong with profit? Every time you spend money you need more money to spend so you have to have more money. It's the circle of life really.

For instance, my saddle has a diamond encrusted ho-n. I couldn't have that without having more money than other people.

Interviewer: You have a diamond encrusted ho-n on the saddle you use on your horse?

Dan: What? What horse? Who said anything about a horse? Oh, my horse. It's for my horse. I have a horse. So yeah I bought a saddle, for my horse. And because of profit I am probably the only person that has one with a diamond encrusted ho-n. I mean, sure, it hurts a little when it's getting pulled out but if you just scream "Armageddon" while biting a rubber ball you get used to it. And then...

Interviewer: Wait. What?!?

Dan: I said...

Interviewer: I heard you and I think that's just about all the time we have folks. Thank you for tuning in. This has been another episode of "I can't F** Believe He Said That S*** Out Loud".

Any rumor/speculation on this? Given AI spending, profit margin pressure and cisco LR history, 11/26 or 02/27 is more probable?

They're milking the company for quick profits while it lasts. Layoffs boost stock prices and pad bonuses, even if they hollow out the company for the future. They're not clueless. They just don't care what happens after they cash out.

The company will cut you without a hint of hesitation, they've done it before and they'll do it again. Profits come first, people come second. The younger workers aren't wrong to take what they can and move on. They learned what took some of us decades to accept.

https://pluang.com/en/compare/otex-vs-wm

Wescom Financial Credit Union reported its strongest quarterly earnings in over three years during the second quarter. This financial improvement followed a reduction in its workforce, which impacted 72 employees in Southern California. While employee expenses decreased, this was only one of several factors contributing to the earnings growth. Non-employee operating expenses also fell, and net revenue saw an increase. The credit union's return on assets (ROA) significantly improved compared to previous quarters.

https://www.cutimes.com/2026/08/13/wescom-financials-q2-earnings-rise-after-layoffs/

Nothing else. Just good old greed. When will they figure out that if you put profit above everything, you destroy the company? Then there's no profit for anybody.

When are they supposed to have the ratings in? Wondering how long I need to just slightly above bare minimum. I can’t give any extra energy to this place for the next X days until bonus and profit sharing pays out.

Word is layoffs are coming in the 4th quarter. I guess making records profits is just not enough.

I’m in a research group. My research was fully funded for the last three years and deviated in a direction from my normal work. I did this because (1) it was requested of me by my manager and others in my unit and (2) too much friction with another person in my group, who is a subject matter expert in the same stuff that I am. I thought breaking out from under him was a good idea, but after Leadership changes, Chevron completely undercut the R&D program that I developed and was half way through delivering on. I led development of a joint industry project with other big operators in the industry among many other things, and Chevron just pulled the plug this year, letting the other operators take over. This leaves me reeling trying to get back into the field that I was in three years ago. Over the last three years, several people have positioned themselves to take over my workflows and be the owners. Now, my own manager won’t support me when I tell them these are my workflows, and these other people are not authorized to take over them as their owners.

What is astounding to me is how pathetic and short-sighted Leadership is at this company. The people who have the real power never stay at their position for longer than three years. This means we are in a random walk strategically. There are some exceptions, and some of these exceptions have transitioned out or are transitioning out, but most leaders are so pathetically incompetent when it comes to standing up for their own, understanding important technicals, or doing what’s right. The technical leadership program is an absolute disaster—there is no hope in sight. The leaders of that have failed miserably in my view.

I want to give a shout out to a recent manager that’s transitioned to CNE as well as two other team leads over there. You are selfish je-ks. I’m a true believer in karma, and it will come around to you. I look forward to reading the news that CNE is spun off from Chevron. It will make our profit margin higher.

Sturm, Ruger & Co. achieved nearly $7 million in net income for the second quarter, a significant improvement from a loss in the same period last year. This financial turnaround was driven by increased firearm demand and enhanced production efficiency. The company also implemented a new "Ruger Business System" initiative to standardize operations and align employees with strategic goals. Ruger incurred severance expenses related to past job reductions, but these were lower than in the previous quarter. Additionally, the company reached an agreement with its largest investor, Beretta Holding SA, allowing Beretta to increase its stake while imposing a standstill on further ownership growth.

Mayodan, North Carolina

https://www.unionleader.com/news/business/uptick-in-demand-boosts-ruger-to-7-million-in-net-income-after-90-layoffs-in/article_bb92434d-965e-4975-b1f2-49e9154bf38d.amp.html

Good profit numbers but the scorecard does not reflect the same.

Uptick in demand boosts Ruger to $7 million in net income after 90 layoffs in Newport

https://www.unionleader.com/news/business/uptick-in-demand-boosts-ruger-to-7-million-in-net-income-after-90-layoffs-in/article_bb92434d-965e-4975-b1f2-49e9154bf38d.amp.html

It will be a bloodbath

How come?

Rising fuel costs and global instability are impacting major airlines. Southwest Airlines is considering further job cuts as a potential measure. Meanwhile, American Airlines reported a significant 88% decrease in its quarterly profit. This decline occurred even as American achieved record revenue figures. Both companies are navigating a challenging economic environment.

Dallas, Texas

https://www.bizjournals.com/dallas/news/2026/07/23/american-southwest-airlines-fuel-cost-earnings.html

As per WSJ, revenue is down and profit falls

Positive that we added new subscribers. I think they are not very profitable subscribers.

https://www.wsj.com/business/earnings/verizon-revenue-ticks-down-profit-falls-on-joint-venture-costs-01726dbf

Profits down? Lay off the workers. Profits up? Lay off the workers anyway to show even better numbers. There's no scenario where we come out ahead. No matter what happens, we're the ones who get sacrificed. It makes you wonder if there's any situation where the rank and file aren't the first to go.

Dell was at record highs in the markets, nothing from this performance was ever shared w the employees. Dell is about to be cut in half can you imagine what this company is going to do to you now