#rumor

Some interesting chatter is coming out of Florida this week.

Word on the street is that the independent investigation into ousted L3Harris CEO Chris Kubasik isn’t just looking at his recent behavior. Apparently, investigators are digging into old HR complaints from 2021-2022 to see who else knew what was going on.

As most of you know, 3M CEO Bill Brown was the Chairman of L3Harris back then and engineered the merger with Kubasik. The rumor going around internal circles is that some senior executives are worried paper trails or emails might surface showing that Brown was warned about Kubasik's conduct years ago.

Read here in the Wall Street Journal: https://www.wsj.com/business/women-at-l3harris-shared-concerns-about-ceos-behavior-years-before-ouster-966010ab

Not good for 3M if true. I hope it's not true.

My whole team in Europe is on PIP...

We were put on a PIP after being classified as low performers. There are about 15 of us, and we don’t know why we’ve all been put on it together. We assume the idea is to fire us afterward, since we haven’t been given any further information other than being told to meet the PIP objectives. However, we’ve been hearing rumors that we’re going to be fired in a month.

Keep hearing rumors about working from home on Mondays getting approved. Anyone have any updates?

I have never seen anything official announcing that a PIP process would be enforced on the lowest ranked 5% in the new performance system.

Where did this all come from ? … or is it all rumour mill ?

I heard that several managers are receiving a huge package as "performance Bonus". True or false?

Wall St insiders say Sycamore is shopping Staples. Syc sees end game for value by ‘28. Anyone else hearing anything?

GCC syphoning $$$$ at light speed, triggering Syc bailing.

Hearing some chatter about another RIF on 8/1....something along the lines that the RIF on 7/1 wasn't the complete list in order to avoid public reporting....any truth in this?

Why senior bank fraud leadership change? I hear scandal?

Are others hearing more layoffs in Jan or Sept?

VP's will fall this time

Had 3 people I know be fired for this… looks like they’re ok to the next wave

I heard Elliot Management is cutting their losses and moving on from Medtronic to greener pastures.

Rumor around HQ today is that easing the 5x RTO policy is actually being discussed and could be on the horizon. If true, it would be about damn time.

The employee feedback has been clear. The commute is draining, morale is in the toilet, productivity has drastically decreased, and the policy is making AT&T less attractive to the exact talent it needs to retain.

Rumor is leadership is finally realizing that forcing everyone into an office five days a week wasn’t the brilliant strategy they thought it was.

Nothing is official, but if this actually happens, it would be a pretty big admission that 5x RTO went too far.

The rumors are legit. Talks ongoing for Uniti to acquire Fidium.

I have been hearing rumors that TPD may be completely dissolved and merged into VCG, GTS, and VBG. Does anyone have any insights on whether this is accurate? If so, what is the expected impact on the current leadership team?

Anyone else catching wind of HR cracking down on the required hours in office? I heard a rumor of a VP having a discussion with some salary ACs and told them 8 hours in the requirement. 1. Why are they literally bringing down the hammer? 2. I’ve never once stayed longer than 6 hours in the 6 years I’ve worked there. 3. Why are salary workers being mandated to stay for a certain amount of time? You’re paying them to do a job; not to do something for a set amount of time. I’m so sick of this bs. How can HR be okay with something for YEARS and then decide it’s no longer OK to leave early. Loosen up the handcuffs a little, jfc.

What does the future of the FP&A org look like at VZ? Any rumors?

Company wide, just Boston?
Can anyone confirm or is this just heresay and rumors?
Of so, why even move forward with interesting internal applicants?
Doesn’t that just alienate loyal employees?
Personality, I think all the bad policies of outsourcing, visas, dei, etc is coming home to roost.
You get what you vote for and I don’t see this fixing anytime soon.
I think this is it for what we know and expect in corporate America.
We’re all just cogs in an 8 billion human machine.

What are the next planned round of layoffs? No speculation please but someone in the know please do tell.

Heard that Fidelity either bought or leased a building in Warwick, RI and return to office in Smithfield is January 2027. Some people have been told this...and others have not. Just curious what people are hearing.

Well, it’s official. We are mandating the use of MS Copilot, at least in my department. This at a time when operating costs remain at a deficit, morale is low, rumors abound, people are losing livelihoods, and revenue is circling the drain. As one of the World’s Most Ethical Companies, I am at a loss as to why we are being forced to adapt to an artificial source of truth (with no guardrails) all to improve efficiency. Is this push in alignment with VSP and other forms of reductions in force to “save money?” What’s next, a return to office mandate to weed even more people out (like those who cannot afford higher transportation or dependent care costs)? I thought CF cared about the communities it serves. Is it blind to the impact of AI on power grids, water resources, and infrastructure? Regardless of the answer, if I want to keep my job, I guess I’ll have to fall in line.

Does anyone know the real truth about stch site? How long will this site stay open? I’m a shell contractor and I have a family and I need this job but I hear that it’s going to stay open for a few more years . I don’t know if anyone is telling me the truth. Any help would be appreciated

Fed-up Verizon customers are rooting for an extreme fix
"Verizon denied that SpaceX is buying it, but plenty of subscribers wish it were true."

https://www.phonearena.com/news/verizon-spacex-sale_id182603

Verizon might still be the top carrier by customer count, but that doesn't mean it's smooth sailing. A string of price hikes has caused hard feelings, and while the company is trying to smooth things over with customer-friendly offerings, it remains the most expensive provider in the US. Not everyone agrees the service justifies its premium price tag. This friction may be attracting takeover bids.

A change of hands was said to be on the horizon

Recently, rumors swirled that CEO Dan Schulman was getting the house in order for a sale to SpaceX. While Verizon rejected the report, and SpaceX has since announced plans to build its own network, many of our readers were onboard with the idea.

The majority wants Verizon sold

We polled our readers on who should buy Verizon and got 3,114 responses. While 1,239 (or 38%) want things to stay as they are, an almost equal number of readers, 1,156 (37%), want SpaceX to pull the trigger.

Another 719 readers (23%) would like it to be offloaded to someone other than AT&T, T-Mobile, and SpaceX.

Does Verizon need someone to come and save it?

Although Verizon appears to be clawing its way back, its revenue plunged 0.7% year-over-year in Q2 2026. Under Schulman, the company has been coasting on harsh cutbacks. However, slashing costs was the easy part, and now the company has to prove it has a real growth strategy.

While the Simplicity plan, Verizon Loyalty, Verizon Shine, waived activation and upgrade fees, and tax-inclusive pricing are a step in the right direction, more needs to be done. Verizon is on it, though, with chief product and revenue officer Nancy Clark telling Fierce Network that the company has more surprises in store to "break the industry mold and put customers first."

"As Dan has said, we are on a journey to become truly a customer-first organization, and we do have a series of things that we will be launching that really look to break the industry mold and put customers first." Nancy Clark, Verizon's chief product and revenue officer, August 2026

Playing it safe

Verizon has managed to steady the ship without igniting a price war, which suggests the company wants to play it safe. While Q2 performance was impressive, BNP Paribas senior analyst Sam McHugh notes that the company isn't investing enough in network infrastructure. Throw in intense competition and slowing industry growth, and it's easy to see why the buyout rumor popped up. Where there's smoke, there's usually fire.

How's it looking on cuts?

Anybody hearing anything about supposed September cuts?

Whoever runs this page just feeds into the craven fear people seem to love. Most people here sit at their computer and wring their hands itching and panting for the next bit of bad news to show up. Meanwhile, any jokes (e.g., the fake Kate post) get taken down. You all drool with fever waiting for "they got rid of everyone at the Broomfield office, it's empty" and "service delivery is getting rid of anyone with more than two children." Are you sad for yourselves? I know I would be if I lived for misery, real or imagined.

Bollywood Anil is still around—I thought he was on the list.

The company’s recent surge in share price has been driven primarily by the latest rumor that it is slated for acquisition—truly ironic.

Rumor has it another acquisition is on the way.

Any insight as to how many CCs are expected to be let go in the next few months? It feels like doom and gloom over here - not "if" but "when"...

Any layoff so far those two weeks?

In this episode of is it true or not. Several individuals have stated that the latest news is IF you are in Columbus,GA you can choose to relocate to OH or Georgia.

anyone else hearing that merger rumor?

There were rumors that today was the day, but I haven't seen anything.

Now they're saying "by month end".

Any news?

Does anyone know when the news of Evicore selling out would be public? There are a lot of rumors around. And leadership is useless: no clarity, no announcement.