Someone commented on another board that they are expecting notable layoffs in Abbvie Patient Services. Anyone heard anything?
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Wellsfargo
https://www.thelayoff.com/wells-fargo-and
One more round before year's end
I’d bet my paycheck on it.
I Heard from a Reliable Source…..
Fill in the blank….
How many Lexmarkers were let go in this last round?
Does anyone know?
Store Closing 2026
any news of store closings next year
No Business Update Invite Yet—Anyone Else?
Just wanted to follow up—still no invite on my end. Curious if anyone here has received theirs yet or heard anything through the grapevine?
Also, for those tracking layoffs.com/dell, keep an eye on the bot activity. Historically, when things start shifting, the upvote/downvote patterns tend to flatten out. Might be worth watching over the next few weeks.
Share what you know.
First RIF then VSP
Yes, it's true that RIF is due later this month. However, I heard that since Dan wants to make the org extremely lean, they are also planning for a VSP in 2Q'2026. Anyone heard about that?
Wouldn't that be interesting? Trim the fat once and then trim the folks sitting on the edge again?
Let's say you didn't get RIFed, would you take the next VSP?
Arctic Frost Scandal
Hans was fired in 10/6 and documents to scandal were unsealed 10/30. He was fired over Verizons compliance to the subpoena while ATT REFUSED! The board didn’t fire him for abismal leadership (the board was complicit in destroying a great American company and allowing TMO to takeover telecom) they fired him because Hans didn’t have the brains to refuse to comply while competitors did. This puts the Frontier acquisition in jeopardy which is VZ only lifeline.
This means that Dan is just coming in to save face, fire as many people as possible, remember VZ absorbing 15k frontier employees so the VZ cuts will be nasty and Frontier employees will eventually get the boot in early 2027. Dan will not do anything revolutionary outside of what was already being planned prior to Hans leaving. Get ready to su-k for 2 more years until Dan steps down when he unsuccessfully gets VZ off the ground and hands it over to DRUM ROLL…..
John muthafkn Stratton.. sorry Scampath. That’s when VZ will have a small renaissance but won’t ever come close to TMO. Also remember that SpaceX which owns Starlink will IPO within the next 5 years and they will be the ones who take out TMO. VZ will be a distant 3rd.
Come back in two years and congratulate me when it all happens. Buying lotto tickets tonight. Take care lads.
Looking for confirmation of CPM announcements on Nov. 10
Any truth to the latest news of upcoming CPM announcements on Nov. 10? Specifically in the AI group under Sachin Katti?
MH hits all-time low - $11.16 - Layouts are coming...
With a stock that is plummeting at record pace, anyone hearing about new layoffs?
Rumor: Andy Jassy Retiring Soon
If you thought that minor stock price bump was big....
RIFTs
I heard people got let go today. At least some.
Anyone care to share their story?
Layoffs?
With Amazon and others announcing big layoffs and since this is a layoff blog , when is fds going to announce some ?
Any word on the street regarding layoffs for 2026?
Has anyone heard any rumor or gist from leadership or a manager regarding if there will be any layoffs planned for 2026?
Thanksgiving RIF incoming
Pre holidays RIF is coming fasten your seatbelts
Any more scoop on 1RP?
So they are moving forward with renovations at 1RP. I’ve heard rumors (so take it with a grain of salt) that there will be more of an open concept floor plan (gross) and that they are fixing up the building to sell (more likely if OH doesn’t change the laws around generation). Anyone heard anything else?
Layoffs
What is happening with layoffs at Congress St in Portland ?
Next RIF date?
Anyone heard of the next layoff? Confirmed please, don’t want to cause anxiety but worried about RIF before the holidays!
Hiring freeze
Is there a current one?
140
Working at In-House agency 140 in NYC. Been hearing layoff rumors for years now. Have a feel it this will be it.
Advisor Hub article about Stifel
Stifel Chairman and Chief Executive Ronald Kruszewski on Wednesday sent a memo to the company’s employees, including 2,300 advisors, seeking to counter rising speculation that he could sell the 135-year-old firm.
“Let me be clear. Stifel is not being sold to Raymond James or to anyone else,” Kruszewski wrote in the memo, which referred to a report in industry publication WealthManagement.com.
The article had linked Stifel to a potential deal with regional rival Raymond James Financial. The publication cited anonymous sources who said that legal pressure and rising costs tied to barred Miami broker Chuck Roberts could put pressure on Stifel to sell and that Raymond James was discussed as a “likely buyer.”
Kruszewski called the report “ridiculous and misleading” and compared it to a “White House leak.”
“I’m just surprised Stifel isn’t being linked to Russian collusion,” Kruszewski wrote in the memo, titled “Setting the Record Straight (With a Smile).”
A Stifel spokesperson confirmed the memo but declined further comment.
Raymond James did not return requests for comment. Wednesday’s article noted that, “[I]t is unclear how formal the talks are between the firms or if an agreement is imminent.”
Raymond James trades at a market capitalization of around $31 billion compared to Stifel’s $12 billion. The St. Petersburg, Florida-based firm has around 8,900 brokers.
“I know the folks at Raymond James,” wrote Kruszewski, who has led Stifel since 1997. “They’re a nice company, but let’s be honest, I believe Stifel is number one.”
The question of a sale surfaced last week on Stifel’s third quarter earnings call during which BMO Capital Markets analyst Brennan Hawken asked about whether the company was for sale and noted that, “Many investors believe that [it] can make for a good target.”
Kruszewski, 67, responded that there was “no need” to sell the company and that questions seem to be driven by concerns about whether he could run out of energy and want to sell.
“That ain’t the case here,” Kruszewski said on the call. “I’m not looking to do anything.”
A source close to the company said that Kruszewski was concerned following the earnings call that plans to sell its non-core independent brokerage business had been conflated with an intention to sell the company.
Stifel on Monday announced it had agreed to sell its $9 billion-asset independent contractor unit to Equitable Advisors, confirming a report earlier this month.
Common Wealth said the same thing and they sold like 4 months later. I definatley think they are selling now.
10/30 master thread
Lots of rumors around today. Can we use this thread for updates?
Level 6 and above?
I heard they will target higher ups, level 6 and above. Can anyone confirm?
Next Layoff - Please share
When is the next layoff for ATT?
The "Ask your supervisor" guy/gal - please don't response.
Look below for proof
That this blog is senseless. All the talk about the benefits being slashed… woohoo… no such change! Things don’t have to be as bad as you make them.
Who/what will be hit 2nd round?
Streaming has been heavily hit. Will it be hit heavily again 2nd round?
Huge Layoffs like other Tech Companies?
Does anyone have inside info on whether Emerson will be laying off same huge number of employees like other big tech companies?
This feels too slow
Are we sure today will be the main day?
FirstEnergy Divestiture Rumors
So which one will it be?
BG&E buys PE Maryland
Dominion buys MP and FEPA
JCP&L merges with a local "waste management" operator for investment opportunities.
Apparently the Rick Gomez rumor was false
someone posted the other day that rick gomez was part of the cuts. Vendor community just recieved an email from him about Moving forward at Target
BALA or BALA adjacent?
Any one have news on layoffs in BALA departments?
Consumer products?
Any word on the untalented and overpaid people of consumer products?
Layoffs 10/30
Any confirmation of layoffs within home and community on 10/30?
Layoffs incoming on November 20th.
Brace yourselves.
Damn...
Soooo...is this a good indicator of a big layoff?