#updates

For new folks here, there is a large "ACTIVE" button right above the first thread... you can use it to see what posts had recent replies. That's all from me. Anyhow, I hope this helps someone. Good luck all....

We used to see people in Basking Ridge on here with updates of leaders or teams that they saw impacted. This time its quiet.

Ok instead of having staff constantly look over their shoulder and wonder if they’ll be a RIF casualty, why not send out periodic emails to keep employees in the loop? Heck we got daily emails when COVID struck. If not they shouldn’t have mentioned 11/20 in the first place…I mean it’s good in the sense it gives us time to update our resume but it also stirs up fear and paranoia for several weeks.

Update following 3Q earnings (1year returns) and an updated investor presentation:

Delek 142%
VLO 32%
MPC 30%
PBF 25%
PSX 13%

Any updates from the Tech AMA in St. Louis on the 6th?

What’s happening?

We were told more info is coming December. Anybody know exactly what we are being told then?

Has anyone gotten anymore recent updates on potential upcoming layoffs?

Does anyone have any information about what was going to happen in December with compensation? The messaging we got was that it is just a salary update for some people but not for everyone. Initially we had thought it would be across the board.

Our team got butchered in software and we're still concerned if all notifications have been sent out and it's just waiting on the interview or if more are coming?

American Airlines Layoffs Started Yesterday 11/3/2025

So I take it there's no chocolate milkshakes in my future?

Use this post to comment on and provide updates regarding all changes and upcoming changes to this channel.

Good luck to us all.

Are there any updates on what functions/groups/teams will be hit the hardest in Alaska? Who should be packing up?

any minnesota updates?

Lots of rumors around today. Can we use this thread for updates?

Especially about which orgs are affected, if you can. Thanks, and good luck to us all.

Seems like the mails went out at 4 pm!

Is anyone know what is the latest HC that Intel have now?

Anyone hear anything about CL updates for location strategy? Myself and a few coworkers are still remote and nothing has been communicated yet?

Let's use this thread?

Any additional updates?

Organizations impacted: Legg, Engineering Ops, Arnoldi. Who else?

it was rumored to be happening, so did it?

Does anyone know anything new?

I know some Senior Leaders have been meeting this week to get updates. I'm not sure how many details they shared with you, but would you be willing to share some general thoughts here?

did layoffs happen in Oct?! In September I had so many people I knew get laid off but last week when I thought we were going to have layoffs, I heard nothing!

If you think we are a telecom company, think again.
BlackRock owns ~75% of T, VZ, and TMUS.
How is it possible Stankey is still CEO after the historic TMUS, DTV, and TWD blunders?
Because Stankey doesn’t work for T, he works for BlackRock (“the board”).
When Stankey fu---d the TMUS acquisition, T was looking to acquire them for ~40B.
Today, they are worth ~260B, you read that right.
From 2011 to 2025, TMUS shares gained 650% while T gained 20% in the same period.
Do you think still think Stankey works for T?
2025, AI is the hot thing. We are still not a telecom company, but an employment company.
T is MSFT’s bi--h, and what does MSFT want more than anything? T to embrace their massive OpenAI investment as MSFT’s customer.
As we know T execs don’t innovate if it was the last thing they do, so why would we do this?
The execs know that we have too many employees, and that they can backfill any “AI cost savings” by simply firing employees at any time because they know we have too many.

We’re not a telecom company, we’re a firing company.
We are a legacy asset like much of the F100 that only can be more profitable via layoffs, growth at T is dead and Stankey ki-led it

Coworkers open to work, saying they are let go. Was there another round of layoffs?

All still quiet where I’m at.

What are you guys hearing today?

So much anxiety.

https://x.com/TheLayoff/status/1980376273269698771

Looks like the rumors were true, bunch of people in CZ NetSuite are getting a Business update meeting on Monday. Though the number of affected people seems to be relatively low.
Stay strong and make the best of it.

https://esportsinsider.com/2025/10/activision-blizzard-battle-net-workers-unionise

China -

This is a (really bad) combination for the U.S. economic-financial system (and ultimately, the stock market) if (current) trends continue.

Trump "Retaliatory" Import tariffs, the U.S. government shutdown (continues) and the U.S. National debt (continues) its' (exponential) rise.

Is the 2nd largest economy in the world.

Does (not) need any U.S. products what-so-ever (at all, including soybeans).

China has formed numerous Trade alliances with other countries (and continues, to do so) the E.U., India, South Korea, Russia, Brazil, Argentina; and the list goes on.

The U.S.-China Trade war continues to escalate, right now; it appears.

Trump (most likely) will raise the (current) China Import tariffs (by another 100% on November 1st).

The (current) China Import tariff of 30% is the rate until November 10th (as of August 25th).

Trump (most likely) will not meet Xi Jinping in November (previously planned) due to escalating Trade war tensions.

Also, on a side note.

The U.S. government shutdown appears to be headed to the (longest in U.S. history).

The U.S. economic-financial system (thus far) has (not) taken into account the (full) effect of Trump tariffs, and the (exponentially) rising U.S. National debt (currently) at $37.8 Trillion per (usdebtclock) with the price of Gold, and Silver; reflecting the (continued) devaluation of the U.S. dollar (Inflation).

The building blocks of transformation: A conversation with Udit Batra

https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/the-building-blocks-of-transformation-a-conversation-with-udit-batra

Anyone knows if they will allow hiring of contractors again. I know some groups never stopped hiring but some are still on hold.

Standby for more notifications to emerge

Any updates on contractors working for Edward Jones such as CGI, Accenture and Deloitte ? It already seemed like they wanted to fill as many positions with them as possible instead of full time EJ employees, but with the future offshoring seemingly coming down the pike, is there any contracts that anyone has heard of changing or getting canceled.