#acquisition

Posts mentioning hashtag #acquisition

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T-Mobile and Others Checking Uniti Assets?

Buckle up! Now tell us Frontier’s clan didn’t come over for any other reason but to help secure the sale. The writing has been on the wall.

“One source told the publication that T-Mobile (TMUS) and TPG could be partnering for an offer for the entire company, according to the report.”

www.msn.com/en-us/money/companies/uniti-group-jumps-amid-report-tpg-t-mobile-looking-at-assets/ar-AA1ZQk1g


The Sun acq was very different

Maybe its a culture change. Every Sun employee who was not be retained by Oracle received a live phone call from the direct manager. "Oracle will not be offering you a job". Then you received correspondence about the separation arrangements, which, for directors and V.P.s were consistent with the "change in control" provisions. Maybe the numbers here made personal calls difficult, but feels pretty cold.


Pro Football Focus Cuts Staff After Data Platform Acquisition

Pro Football Focus implemented mass layoffs. This occurred after selling its data and analytics platform. Teamworks acquired PFF's enterprise business in a reported nine-figure deal. Many content creation employees confirmed their dismissal on social media. Cris Collinsworth will remain involved with PFF as a Teamworks shareholder.

https://thespun.com/nfl/layoffs-hit-cris-collinsworths-company-after-100-million-deal


South Congress Hotel Cuts Staff for Renovations After Hyatt Deal

South Congress Hotel is preparing for a temporary closure. The hotel will undergo renovations. It sent termination letters to many employees. Dozens of staff members are affected by these layoffs. This action follows a Hyatt acquisition.

Austin, Texas

https://www.bizjournals.com/austin/news/2026/03/31/south-congress-hotel-layoffs-hyatt.html


West Michigan Layoffs Up in 2025; Experts Warn of More

West Michigan experienced a significant increase in layoffs during 2025. Over 2,500 workers lost jobs, with 1,918 reported via WARN notices. This represents a 78% rise in WARN layoffs compared to 2024. Experts predict more layoffs for the region in 2026. Acquisitions and the end of "labor hoarding" are contributing factors.

https://www.woodtv.com/news/michigan/w-mi-saw-most-layoffs-since-pandemic-in-2025-as-statewide-numbers-decreased/


Di-k's Sporting Goods Begins Foot Locker Job Cuts

Di-k's Sporting Goods has started layoffs at Foot Locker. This occurs nearly a year after its acquisition of the retailer. Unnamed sources confirmed the news to Footwear News. Some employees were asked to return to office or relocate. Redundancies were expected following the merger.

https://fashionunited.in/news/business/di-ks-sporting-goods-initiates-layoffs-at-foot-locker/2026033053835


Truist to be acquired later this year!

Looks like Truist Financial Corporation is gonna get scooped up by Citigroup later this year. Bill and the execs will ride off into the sunset laughing their tails off at us with a massive windfall. The rest of us? We’ll be lucky just to hang onto our jobs. Massive layoffs feel inevitable. And yeah, from what I’ve heard, the employee culture at Citi su-ks ba--s.


Did you hear, Citi corp has its eye on Truist

If accurate there is a Big Payday headed for Bill and crew. It has just been leaked that Citi corp is considering buying Truist or PNC. My money is on Truist at a discount. Of course, executive leadership will be well compensated. That is not likely the case for the remainder of Bill’s “teammates.”


Who is ready to work for Jane Fraser?

Bloomberg posted a story that citi execs are contemplating ways to grow deposits domestically through regional bank acquisitions. USB and TFc in play.

And yes. Aware that C “dismissed the baseless speculation “

How many operating council members and other “paper tiger” execs survive? Shouldn’t take long to figure out the incompetence.


Boeing Acquisition Brings Mixed Job Outlook for Spirit Workers

Boeing's return to Wichita offers job stability for many production workers. However, Spirit AeroSystems management roles may face layoffs or relocation. Economists note that Wichita's lower labor costs could attract more Boeing production. This could boost manufacturing jobs in the region. The city currently faces a challenge in finding enough workers to fill potential new positions.

Wichita, Kansas

https://www.kwch.com/2025/12/08/boeings-return-wichita-brings-job-stability-layoffs-possible-some-workers/


Another piece of Voyix sold

See if people get let go ……..

NCR Voyix has agreed to sell its bank technology solutions business in Japan to local IT services provider NTT Data.

The transaction is expected to close "by the end of 2026", according to NCR Voyix, while financial terms have not been disclosed.

The business operates under the brand name NCR Commerce Japan and specialises in foreign exchange, lending, call centre, video teller, and network solutions for financial institutions.


Already going against public statements to pause tuckins

I’m shocked that they just bought another company when they have said publicly many times they will stop for a while (they just bought a new one last week)

How is the ceo able to say one thing in earnings and within a month do the opposite


Summit Funding Cuts Staff Amid CrossCountry Mortgage Acquisition

Summit Funding is laying off 163 employees. These layoffs are effective May 17. The reason for these terminations is the company's pending sale to CrossCountry Mortgage. Affected staff may receive separate job offers from the purchasing entity. Summit Funding's Sacramento headquarters will not close.

Sacramento, California

https://www.housingwire.com/articles/summit-warn-notice-layoffs/


Investors unhappy overall performance

Many investors want to exit their positions in FIS, but most of them are currently down by 30% to 50%, and some even by 70%. Because of these heavy losses, they are unwilling to sell at this point. What investors really want is either a strong turnaround in the company’s performance that drives the stock price up, or for FIS to be acquired by a major industry player so they can recover some value.

However, FIS has a very large workforce, and no major company is interested in acquiring such a high‑headcount organization. As a result, FIS has begun outsourcing and laying off employees to significantly reduce its full‑time workforce—potentially by up to 50% compared to today. This process is expected to continue through the end of the year. Once the company becomes leaner and more cost‑efficient, a sale becomes more likely


Bo-m! Studios Restructures Operations, Announces Layoffs

Bo-m! Studios announced a major organizational restructuring. This integration places many Bo-m functions under Random House Worlds. The changes resulted in layoffs for some personnel. Key roles like publishing, operations, and business planning are now within the larger group. This follows Bo-m's acquisition by Penguin Random House two years prior.

https://www.comicsbeat.com/bo-m-restructures-under-prh-including-layoffs/


The McGill Acquisition is HUGE!!

This will send the stock on a run. Comp will follow.

We’re so back.

“ AIG has committed to 25% of McGill’s $1.6 billion gross premiums written specialty portfolio, allowing it to deploy capital at scale. The use of McGill’s digital platform and agentic AI simplifies the underwriting process.”


Vz Stock Reality - sub $50

Well the reality of living off a questionable net adds 4Q/25 is setting in.

Zero change in execution, integration of Frontier and DEI Directors/VPs to execute will continue to drive Vz stock South.

Hiring MBAs to create a theoretical strategy vs meritocracy of employee based results will ensure Vz being aquired in 2-3 years!

Lack of a strong Vz Executive bench and Board all but says " aquire my assets". What


CFO Out

With all the layoffs and the CFO leaving to “prioritize family matters” is something big coming? I remember someone here saying last year that the company was going to be sold in April. Maybe that’s true? Maybe it’ll be split into smaller companies like kidney co.


Ansys India layoff yesterday

I never thought I would be writing something like this.

I’m 45 years old, and I’ve spent the last 18 years at Ansys, working remotely and affiliated to the Pune office in India. Like many others, I joined when the company was known for its stability, long-term vision, and the way it treated its employees. For nearly two decades, it felt like a place where you could build a career with trust and security.

Yesterday, that changed.

In a short meeting with HR, I was informed that I’ve been laid off. Our team, based out of India, USA and Spain is being cut by nearly 80%. Just like that.

I have a housing loan (EMI), daily expenses to manage, and a 2-year-old daughter depending on me. My wife is working, and she can support us for now, but I don’t want to put the entire burden on her shoulders. Living on a single income, especially in today’s world, isn’t sustainable for long.

What makes this harder is not just the job loss itself, but the feeling that something fundamentally changed. For years, Ansys was seen as a stable and dependable company. Many of us built our lives around that belief. The recent acquisition has shaken that trust. It feels like decades of stability and goodwill have been undone in a very short time.

It’s difficult not to feel that employees have become secondary to financial goals. Decisions like these make it seem like people are just numbers on a spreadsheet.

Right now, I’m trying to process everything and figure out the next steps for my family. I just had to vent since I never really expected I’d see this happen. I was naive. Anyway, good luck to you folks around the world, I hope things go well.


WB Montreal Staff Cuts Follow Acquisition News

Warner Bros Montreal has experienced an unknown number of layoffs. This occurred amidst the acquisition of Warner Bros by Paramount Skydance. Employees shared news of their cuts on LinkedIn. The layoffs affected various departments, including producers and designers. Cost-cutting efforts are common during major company acquisitions.

https://wccftech.com/warner-bros-montreal-hit-with-unknown-number-of-layoffs-amidst-paramount-acquisition/


Employee counts

Whether it’s true or not that the company must slash 50% of the workforce to survive, the number of employees has always boggled my mind. Where are all these people working, what groups, regions? Now we are 2x after the Lex acquisition, and it is even more of a mystery. Who has insight?


Moody's cut Xerox's credit ratings

The ratings agency on Friday downgraded Xerox's corporate family rating one level to Caa2 from B2. Moody's also assigned a Caa3 rating to Xerox's step up backed senior unsecured notes due in 2030. The ratings outlook was changed to negative from stable.

Moody's cut Xerox's credit ratings, citing concerns over the company's financial performance since its deal to acquire Lexmark closed last year.

Moody's said the downgrade was driven by Xerox's worse-than-planned performance after its $1.5 billion acquisition of printer maker Lexmark closed in July 2025. Continuing challenges in the printer market and subsequent revenue declines may make it difficult for Xerox to refinance its debt before it matures in 2028, Moody's said.

Moody's said Xerox will likely remain under pressure as its large peers; such as Canon, Fujifilm and HP; benefit from more diverse revenue streams and stronger balance sheets. The ratings agency expects Xerox's revenue to decline by a low- to mid-single-digit rate, partially offset by margin improvements as the company realizes synergies from its Lexmark acquisition.

Xerox has also implemented a warrant program that allows for an effective exchange of debt at distressed levels for equity. If a material amount of debt is exchanged, Moody's said it could view the transaction as a distressed exchange.

https://www.marketscreener.com/news/moody-s-downgrades-xerox-on-concerns-over-financial-performance-ce7e5fd3dc8ef325