#company

In the lastest company communication, Ron says we 'mark a strong finish to another successful year for State Street'.

He also mentioned that he looking forward into workforce reductions. What a stand up guy!

If you heard your manager this month saying they had to attend 'transformation' meetings, this is what it was: Next Gen transformation. You and are team may get impacted.

https://variety.com/2026/film/global/david-ellison-european-lobbying-trek-warner-bros-bid-1236632905/

Not many visitors any more, does anyone know why?

Anybody else find it ironic that there are no Indians on the Board of Directors of a company that has over half of the Engineering workforce being Indian?

https://www.cummins.com/company/leadership

UPS VP of Global Strategic Sales Cassie Dyer wrote on LinkedIn the company “sharpened our edge for what’s ahead”.

https://www.supplychaindive.com/news/ups-sales-team-layoffs-changes-impact/809845/

Where do we believe or know where majority of the layoffs are going to be? Do you think it’s all transformation or more than that?

Somebody asked in another thread if we're going to do quarterly layoffs until only Atty is left, and frankly and sadly, I think that's much closer to the truth than the poster intended. The way things have been developing, it seems that we've reached the stage where layoffs, instead of only being used when absolutely necessary, have become something used regularly just to pad the numbers. That's our future.

I’ve been told that Converse retail is in a huge downward spiral. A dozen or so stores are being closed in the coming months and the stores that remain open barely have any product on their shelves. The person I know believes even the profitable stores are being closed when the leases are up. Anyone know anything else from the Converse-side of things?

What happens when you’re not available the day they send out the meeting invites?

2025 net income $7 billion
$16.59 diluted EPS
2024 Q4 net income $2 billion and $4.88 diluted EPS

By virtually all measures 2025 was a successful year. Strong execution across all business lines resulted in record revenue.

Don't be fooled by Bill's remarks that we are lacking in performance. His RTO announcement is nothing more than a fear mongering power trip. We have proven quarter after quarter, year after year, that remote work - WORKS! Its 2026 for f**ks sake. Maybe if we follow Bill's logic we should eliminate PNC Online Banking (something we delivered during the pandemic) because "we work best together in person" (Bill's words). So eliminate Online Banking and have everyone use a physical branch. Oh you live an hour away from a branch? Sorry you must use your nearest branch.

I'm wondering if there'd been any changes.

Just looked at the earnings for Shell’s chemical business coming up and margins dropped from 160 to 140 a metric ton, obviously giving the business a significant loss on top of the business already struggling. I think this is pretty much the last straw and Shell will either be closing or fire selling all chemical assets to stop the bleeding. Any thoughts?

Does anyone know if the company mails out W2s prior to January31st?

Yall think it's a coincidence the ULB is not updated ?

Goodspeed everyone.

To feature JF and BF. Broke Truck Mountain.

Buildings B1, B2, B3 normally requires one to badge out to exit parking. They will put the exit gates up since they deactivate badges...

Poor Warner Media. I was just reading about how messed up WBD is following the AT&T debacle and I was wondering to myself, 'what went so wrong'. So, like a true att employee, I asked Google. Funny thing is that the problems that ki-led what should have been the deal of a lifetime are still here!

Financial mismanagement, soaring debt, cultural and social conflicts, strategic failures, poor leaders and inconsistent leadership, execution & delivery problems, and, att's goto optimization strategy, layoffs!

It is shameful to think that the same leaders who destroyed a film industry pioneer are doing the same thing to a telecom pioneer and we are watching it happen in real time. I hope i'm wrong but I believe this Plano relo will be the final nail in the coffin for AT&T. Our leadership knows what they are doing. Think about this, we are sitting on $140 BILLION in debt.

Put in in perspective. When you are in debt, what do you do? You tighten the belt. Cut some cost, cancel some streaming services. Do you sell your house? Maybe, but that's like the last ditch effort. Let me remind you of an old company called Sears Roebuck. Remember them? They were on top of the world and had this iconic skyscraper. Then, things started unraveling. Sears tried to acquire businesses but was never able to capitalize. They tried pushing their brand on everything and everywhere. Soaring debt sent them to a large corporate park on the outskirts of Chicago. Sears was a blue-chip, dividend market leader. They were literally the amazon of the 20th century. They even had a sports stadium. Where are they now? 5 stores, a website, distribution agreements, and a brand that they pray someone, someday, will want to reboot.

There's your future, people. We are Sears.

Sorry Warner. Best of luck.

well ONSEMI in hudson hit the iceberg lol, now it’s slowly sinking it will close people , But some will stay to the end because u are afraid of changed , plus where else can u go do errands , stay on your cell phone , sit the cafe for a hour , with out punching out lol. yes next job u have u will have to work for a living . anyways God Bless finish those puzzles

What are you doing today?

Has anyone heard any updates on Omnicare sale? I saw that the court set bid deadline dates for first quarter this year. So I assume CVS is selling. And Coram has backed away from some services. Just wondering if they are on the auction block too.

Made it through the last round of RIFs but decided to retire if I'm not RIFed in 1Q2026. No reason to keep training people who can't follow instructions. No reason to have output that is ignored or manipulated. No reason to appease yet another new department "leader" who is begging to be propped up to collect a huge salary.

It is time to go. Fortunately for me, having been through years of RIFs, we saved CASH all along the way and have a few years salary in the bank. Health insurance taken care of too. Time to look for something new after a break from VZW. I had a good 24 year run.

https://betanews.com/article/why-is-ibm-sneaking-around/

Seems like another way to combine and cut eventually

There is no safe haven for anyone regardless of region. We will see.

We all know the bank changed the severance package last year. But I’m hearing from long time employees that you’re able to negotiate a longer severance.
Is any of that true?

Is the company profitable? The stock seemed to tank and not go up at all.

You guys got it all wrong. It’s all about saving the youth from isolation. Fighting traffic, fighting for office space and waiting for the next round of layoffs is needed to save humanity! See and hear for yourselves. :-(

https://www.wsj.com/video/series/wsj-leadership-institute-leaders/why-atts-25-billion-plan-demands-a-new-corporate-culture/91BB8221-DDDA-49CB-B565-5356447B351F?mod=WSJvidctr__pos0

I heard OPTUM is to win a contract. Does anyone know if they won the contract to advocate for Veterans/Active Duty?

Sh*t is happening today.

All tech shares saw a drop today. But SAP's is a small drop in the bucket. Wait for the 29th when the quarterly financial results are out and you'll see how much faith investors actually have at SAP.

Investors are realizing two important things: (i) that SAP is abandoning its core revenue generating businesses for stupid AI features that do not work and no one wants to pay for, and (ii) that SAP has no real strategy to grow the company revenue. They're only focused on saving some operating costs using layoffs and by cutting down on employee salary budgets and benefits. But there is no real plan to make the company more profitable. There are better companies to invest in and that's where shareholders are focusing their wealth.

Also there has been a talk between SAP executives to restart share buybacks. Maybe that's why some of the millionaire executives are dumping their shares.

An on point post from @a9+1keyr10dv.

I know someone here knows? I'm reading something about a "new jersey server failure" in some news articles.

Today was rumoured to be a large RIF day. No news thus far.

Verizon’s Recent Outage Exposes a Deeper Problem: Treating Operations as a Cost Instead of an Asset

Verizon has long positioned itself as a leader in network reliability and resilience. However, the company’s most recent network outage has raised serious questions about internal priorities—particularly following Verizon’s decision to lay off approximately 13,000 employees last month, many of whom came from operations and technical organizations.

While Verizon has not officially attributed the outage to workforce reductions, the connection cannot be ignored by those familiar with large-scale telecommunications operations. Network outages are rarely caused by a single failure; they are the result of systemic conditions that develop over time. Staffing decisions—especially within operations—are one of those conditions.

Verizon’s Network Runs on People, Not Just Infrastructure

Telecom networks do not exist as static systems. They are living environments that require constant monitoring, tuning, and intervention. At Verizon, this responsibility falls primarily on operations teams—network operations engineers, field technicians, escalation specialists, and incident managers.

These teams are not peripheral to Verizon’s business. They are the business.

When experienced operations staff are reduced, remaining teams inherit:
• Larger spans of responsibility
• Slower response windows
• Reduced redundancy in expertise

Over time, this weakens the network’s ability to absorb and recover from disruptions.

The Overlooked Consequence of Verizon’s Layoffs: Talent Disengagement

The impact of Verizon’s layoffs did not end with the employees who were let go. Among those who remained—many of them high performers and subject-matter experts—a different effect emerged.

Fear.

Highly skilled operations professionals began reassessing their future:
• Some actively started searching for new roles
• Others secured positions elsewhere and left quietly
• Many stayed, but with divided attention and growing uncertainty

These are often the individuals who carry critical institutional knowledge—people who know how Verizon’s network behaves under stress, how legacy systems interact with newer platforms, and how to prevent minor issues from escalating into outages.

When these individuals become distracted or disengaged, network reliability suffers, even if headcount numbers appear sufficient on paper.

Operations at Verizon: Viewed as a Burden Instead of a Strategic Advantage

A broader issue underlies this situation. Like many large corporations, Verizon has increasingly treated operations as a financial burden rather than a strategic asset. Operations are often categorized as “non-revenue generating,” making them frequent targets during cost-cutting initiatives.

This mindset is fundamentally flawed.

At Verizon:
• Operations prevent revenue loss
• Operations protect brand trust
• Operations ensure service continuity for millions of customers

Without strong operations, every other investment—5G, fiber expansion, edge computing—rests on unstable ground.

Why Outages Become More Likely After Cuts

Network failures are rarely instantaneous consequences of layoffs. Instead, they emerge after:
• Knowledge gaps widen
• Response teams become understaffed
• Early warning signs go unnoticed
• Decision-making slows under pressure

By the time an outage occurs, the root cause is often months old.

For Verizon, the recent outage should not be viewed as an isolated technical event. It should be understood as a predictable outcome of deprioritizing operations.

A Critical Moment for Verizon

Verizon remains one of the most capable telecom companies in the world. But long-term reliability depends not just on technology investments—it depends on the people who design, operate, and protect the network every day.

If Verizon wants to uphold its reputation for reliability, it must reassess how it values operations—not as a cost to be minimized, but as a core asset to be strengthened.

Because in telecommunications, operations are not overhead.

They are the backbone

What happens if you're on PTO on the date they are notifying those who will be laid off? Will they just wait until you return to spill the beans?

Was just told by my coach in Maitland it’s official. Just waiting for the emails to go out now! Godspeed everyone! And fu-k T-Mobile and what they did to us! We won’t stop! We just Did!

Barnes & Noble will open four area stores in the Chicago area during first half of 2026, with the Loop flagship launching in June. The company opened 58 locations in 2025 and plan 60 more stores for this year.