#speculation

The Ridge hotel (company-owned, right next to the Basking Ridge office) will be closed for two months, June and July.
Expect "higher traffic volumes at...the entrance along with a visible law enforcement presence"
They are even barricading the shoulder of the part of route 287 that runs behind the hotel.
What on earth can this be about?

Somebody posted on Cisco forum that they might be acquiring us, has anybody heard anything about it?

Turns out no one needs this much compute when everyone can just run quantized Chinese models on their iPhone. Elon the Dogefather had to give all his H100s to Anthropic just to make payroll... Such demand. Much wow.

So the stock spiked to mid 120's and I see rumors of someone wanting to .... erm... what's this BUY netapp.... ffs who would be D-MB ENOUGH??

"There's some takeover speculation around NetApp (NTAP), according to a Betaville "uncooked" alert circulating among traders on Thursday. It's not clear which company is circling NetApp. " (MSN)

However d-mb, it does put some of the last few years behavior into some sort of narrative that makes sense. Have they been preparing and putting lipstick on for two years now?

It might happen... but people are jumping from accounting math to headcount certainty. They said fewer than 4,000 jobs in Q4. They also said notifications start 5-14 and continue globally based on local laws and regulations. OK, makes sense - it su-ks but it makes sense... That alone explains why some costs roll into FY27.

The remaining restructuring charge does not automatically mean another 4K or 5K people in Aug.... It can include severance paid later, benefits, legal and administrative costs, country-specific consultation periods, delayed effective dates, and other restructuring expenses.

Could there be mre cuts later? Sure. This's Cisco afterall. But that is different from saying Aug is confirmed...

Unless someone has an actual internal list, mgr confirmation, country schedule, or filing that says another wave is planned for Aug, the aug number is still speculation... people should stop treating it like a confirmed fact just because the 1B charge is split across Qs.

Bookmark it.

Alot of major investors are buying up Fiserv stock. Blackrock just increased their holding position.

Any chance the last two CEO’s were planted by the investors? They both run this company like they want to bleed it out and then sell it to someone who may have pushed for them to get to the top.

The way everything was announced before the whole thing started made it sound like people would be getting cut nonstop for months. That so far hasn't been the case. I’m definitely not complaining, I’m just surprised and wondering if something changed behind the scenes.

And who would have the means and motive?

I have a feeling the real thing is yet to take place.

I see many Managers/GCLs, TLs are on PTO today, tomorrow and Monday what’s the logic behind it?

https://youtu.be/VYaMPUHoQJ0?si=067YVl9oQ2XkEukG

The article link posted here says a couple of hundred, but other comments here say up to 4,000. Wow! That’s quite a spread. I would think if it’s really in the thousands the company would have to mention it to the media?

Post recently deleted on purchasing a third Gulf Coast refinery and selling off smaller Mid Con refineries. Go back to January thread on the following post: Something is on the Refining Horizon.. Where there is smoke, there is fire.

earnings call is still may 13. that hasn't changed.

but g2's thing on may 21 canceled, beyond the numbers moved into that timeslot, and a beat scheduled for the original timeslot of beyond the numbers on the same day now? they're doing a beat and beyond the numbers back to back?

Anyone have any realistic estimates of how many will be impacted by the alleged layoffs this week?

Especially the 50+ crowd. Then maybe a few slackers. But management/leadership titles? Absolutely safe.

Sounds like she was pushed out.

Would they make them axe people on their team first, then they are cut? lol I want to be in those meetings

Does anyone have intel on whether there will be layoffs in the School group in the near future?

There’s no way fidelity will layoff a significant portion of the staff. Abby doesn’t want to let her friends go.

The tech teams might be impacted, but with no vbo, how likely is it that there will be layoffs.

That would be insane. Has any new info surfaced? Or will we find out more maybe tomorrow?

Suffolk supervisor going on interview for spectrum, they know what’s coming

I don’t think there’ll be massive layoffs. Big ones are in the news like Meta dumping 8000. This is not a big RIF. My dept is barely hanging on with work we’re so slammed, so there’s no way there’s cuts. Not at the level going on here with speculation.

Likely rural centers as the goal seems to be picking up B2C packages near big city warehouses and not spread out residential deliveries. However every other package delivery company is after this same easy money. Least work gets more dollars.

Mark this date-May 4,2026 It's going to happen

People have been mentioning every single org that comes to their mind. Does anyone know something specific?

'Under the August 2025 deal, the Trump administration agreed to purchase 433.3 million Intel shares at $20.47 per share, equal to about a 9.9% stake, valued at around $8.9 billion, funded largely by previously awarded but unpaid CHIPS Act and Secure Enclave grants.

According to Bloomberg, those 433.3 million Intel shares owned by taxpayers are now worth a staggering $36 billion, netting taxpayers a $27 billion paper gain.'

funded by yet again US debt
a paper gain
expect more layoffs since the improvement was fake

How and when is the May Beat scheduled. It's typically scheduled about a month out and we're already at the end of April without that. If we get an invite in a few days for one at the end of May, you can probably assume that nothing super dramatic is planned in May. If it comes out late and is a short notice beat scheduled for just after earnings you might go hmmmmm even though nothing is certain. This is not a prediction. It's just something to watch for.

Since not enough of you volunteered to ensure that we can continue to receive SLT and EC level bonuses we are gong to let go the volunteers that we determine necessary and e have a separate list that we will be letting people go from. We will be reducing the total headcount by 15%

Don’t worry though we are seeing improved margins and orders coming in form customers. Are marketing efforts are starting to seeped up and take off and the future is bright for those whom are remaining

So much for all the BS rumors about selling.

https://www.cnbc.com/amp/2026/04/23/microsoft-plans-first-voluntary-retirement-program-for-us-employees.html

Thoughts?

July is after June. Oh and this is my daily proclamation that Fraud will have layoffs in the next quarter- so in case it does happen I can come back and say I was right. - my name is Ms. Cleo “Call me now”

HR and execs behind closed doors...

Hmm...