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Make the tough choices

Layoffs will continue to target citizens. Offshoring will continue to happen to India. Then those same people will be brought back in L1b in 4-5 years back to USA. Make tough choices once you open your own business and hire locally. Change needs to start at a grassroots level, vote for policies which are towards tougher immigration policies. 20 years down, US cities will be worse than Toronto. It is in our hands now.


Samsung Leaves New Jersey Headquarters

Samsung Electronics America is relocating its U.S. headquarters from New Jersey to Texas. This move will impact approximately 1,000 employees, who must either move or face job loss. Lawmakers and business leaders express concern that the state's business climate is driving companies away. They cite high corporate taxes and regulatory burdens as contributing factors. This departure follows a trend of other major corporations leaving the state.

Englewood Cliffs, New Jersey

https://www.nj.com/business/2026/07/nj-just-lost-another-fortune-500-giant-lawmaker-warns-the-state-is-driving-business-away.html


BP got outplayed by Shell on Nakika GoA

Shell has first mover advantage by selling non operated Nakika asset. This simplifies the company significantly and creates capital and capacity where it’s needed. Now BP will have Talos as a partner. Talos going to learn the hard way how slow and complex BP really operates.
Why didn’t BP sale when they had a chance?


Pennsylvania Minimum Wage Hike Stalls in Senate

Pennsylvania House Bill 2189 aims to increase the state's minimum wage. The bill passed the House but remains stalled in the State Senate. Pennsylvania's minimum wage has been $7.25 per hour since 2006. The proposed legislation would raise it to $11 in 2027, $13 in 2028, and $15 in 2029. Opponents fear the increase would cause layoffs and harm small businesses.

https://www.cbsnews.com/pittsburgh/news/pennsylvania-minimum-wage-increase-house-bill-2189/


PitchBook Tracks Global Billion-Dollar Startups

PitchBook provides a worldwide list of unicorn businesses. These are privately held enterprises worth over one billion dollars. The tracker covers firms founded from 2016 onward. On February 2, 2026, 1,590 active unicorns were identified globally. The United States holds the majority with 853 companies.

https://pitchbook.com/news/articles/unicorn-startups-list-trends


It’s official and I told all of you

Giant Eagle officially was bought by Krogers for $1.65 billion dollars. I knew back then 10-15 years ago and I had tried warning folks. I think I made a post about it on here back then and was accused of making it up and one person even said it looks like a toddler posted it. When I began seeing Giant Eagle doing a lot of cuts and penny pinching trying to make their books look good, I knew then they were either going out of business or trying to get bought out. Then there was a lot of turnover at their corporate offices and it seemed like corporate didn’t care what went on at their stores anymore too. I knew something was going on.


Hertz Is Under Investigation for Allegedly Renting Out Recalled Cars

Will this be the final straw for this failing company and their shady business practices if NHTSA finally finishes their investigation this year ? Hopefully no one has forgotten this. The government has sure taken their sweet time and slow walked this.

The U.S. Department of Transportation (DOT) National Highway Traffic Safety Administration (NHTSA) is currently investigating Hertz for renting out recalled vehicles that had yet to be repaired, Reuters reported.

NHTSA ACTION NUMBER: AQ22003


Frederick Sees Layoffs at U.S. Bank, Trulite Glass

Two businesses in Frederick announced recent layoffs and a facility closure. Trulite Glass & Aluminum Services will close its Ijamsville facility. This closure affects 21 employees due to financial hardships. U.S. Bank also plans to eliminate positions at its Frederick location. Approximately 36 employees will be impacted starting in July.

Frederick, MD

https://www.fredericknewspost.com/news/economy_and_business/employment/two-frederick-businesses-announce-layoffs-facility-closure/article_c423abe9-430f-501f-9cb3-270a0bbcea3e.html


Who is in charge of the company

I cannot believe the direction our company has been going in. It is like the people in charge have lost their minds ! First the horrible change with our forklifts.. now we had to take all of our back end caps down . All this wasted space .. where do they think all the extra stuff they buy is going to go.. especially with the holidays coming soon. They over buy clothing … ugly clothing .. then we have to give it all away to a liquidator.. we have special events with mattresses .. which they over buy and we had to pull those to give to the backroom for the liquidator .. seems like we are in business to make them money instead of us


Layoffs in front/middle/back office to come

The consultants hired for the F2BOW initiative have set a target headcount reduction of 60-100. This is for business only, tech headcount reductions haven’t been determined yet, but they said there is significant “capacity creation” there as well. No set date, but probably later this year.


AITECH & AIBIZ: Devaluing Engineers

Cisco AITECH offers a free, 15-hour crash course and AIBIZ providing only high-level business concepts without a formal exam!

Translation: loss of company $$$ + a way to bypass hiring qualified engineers, allowing non-technical managers to fake technical expertise and undermine the value of a rigorous engineering degree.

ONLY Cisco did this. Top companies knew better.

  • 95% of AI pilots fail to deliver measurable profit-and-loss impact is accurate, sourced from the MIT NANDA report.

  • Despite $30–40 billion in enterprise investment, only 5% of integrated AI pilots extract measurable value.

  • Harvard Business Review says AI is flooding workflows with low-quality output that requires more human intervention to validate, creating a net loss in productivity.

Bottom Line - products, sales fail because they treat AI as a plug-in tool.


Conversation with a Frustrated One Talk Customer

Today, I met a small business owner who uses One Talk. He became very frustrated when he found out that I had previously worked on another Verizon project, even though I explained that I no longer work for Verizon …

He then shared his opinion that companies lose customer trust when they fail to listen to customer feedback, retain ineffective employees, and let go of capable people. He questioned why companies make such decisions and felt that they ultimately damage customer confidence and loyalty.


Schwebel's Final Bakeries Closing by Labor Day

Schwebel Baking Co. plans to close its last two bakeries. These facilities are located in Youngstown and Hebron. The company expects to shutter them by Labor Day. Schwebel's has shut down various facilities over ten years. This continues a trend of facility closures for the company.

https://www.bizjournals.com/cleveland/news/2026/06/18/schwebel-baking-company-layoffs-liquidation.html


Confirming old news...

Wed mass cuts where made on the consumer side. Alot of level 2, specifically LRIS aka authorized side. About 50% cuts where made so that means the people who were "saved" will now have double the doors and a larger territory to cover. Not sure if that's a balance to have. Also firsnet subs laid off. From my understanding all were let go at least on the west coast.

Level 3 DOS saved, support teams saved for now. But I'm sure more cuts will happen.

This is consumer. Not sure on the business side, ihx, or any org were also cut. Crazy the load more work for the people being "saved" with same pay and not so great raises.


Paychex Layoffs 2026

Paychex has decided to layoff approximating 10 designers and over 70 developers. They are refusing to give any reasoning or criteria for why they targeted individuals, citing AI wasn't the reason and that it was for "business needs" and "sustainability". From what I've heard they gave former employees only 9 weeks of severance.