#company

T-Mobile is making leadership changes, including the departure of Mike Katz and the
rebuilding of the Un carrier spirit. The company is seeing progress in enterprise and
small-sized businesses, but the success of T-Mobile for Business is unclear. The
speakers discuss the potential for growth in the mobile business and the importance
of maintaining a fixed cost versus variable cost decision.The potential for disruptive companies to move into themobile space, with T-Mobile and Charter expected to see strong growth. TheSo we got some leadership changes taking place across the industry. Most recently, T Mobile where Mike Katz is stepping away after two decades. Coming on board at T Mobile as their new chief enterprise officer is Chris Sambar, who will be leadingthe SMB enterprises and government businesses. What we are observing here at T Mobile is with Srini Gopalan, a rebuilding, and we talked about thiswhen Srini came on board, a rebuilding of the Un carrier into a company that is even more focused
now on execution than it was ever before.With Greenie now being deeper in the saddle, and we saw like half a dozen of senior execs already leaving, the senior leadership team is like three quarters new.We see that Sriniis putting his team in place. You know, Andre Almeida, who came from Europe, oneof his close lieutenants of Srini's lieutenants, he ran the expanded enterprise group that not only hasbusiness init, but also like key ads and the Al efforts. He is now moving over as the president of marketing.It will be very interesting of how Andre will do that.They hired Chris Sambar, who, up until about two years ago, was at AT&T, a highly respected executive, a terrific leader, straight sho-ter, great executor, one of the architects and implementers of AT&T's FirstNet success story. For the last two years, he was like the COO of a storage company, and
now he's coming back to telecom. With Chris, T Mobile is getting a terrific executive. When we look at T Mobile for Business, they're making progress. They're growing. For somebody like Chris to come in, there's only upside,you know? In comparison, it's a huge number as a multiple. In absolute numbers, we always knew it was like.modest, but you have to start somewhere. And so, Andre is handing over that portfolio, and | think Chris will execute very well here. Yes. It will. Yeah. Well, let's see exactly where Chris takes this. On his farewell LinkedIn post or his goodbye to T Mobile LinkedIn post, Katz mentioned that he startedas ajunior in college as anin store sales rep. And with him, T Mobile and you have to give TMobile a lot of credit for rewriting telecom and, as they like to say, changing wireless for the better.He has a big role in this. He was also instrumental in forging the MVNO between the cable companiesand T Mobile for the business side. He never got enough credit for this. He was kind of the unsunghero here. | watched this over like five years happening, and how this slowly progressed forward.And without him, T Mobile would not have closed that MVNO agreement. You know, the cable companies just recently, and | don't think there was a big announcement about it,
they fully launched on T Mobile. | would say that the cable guys the cable guys are coming for small and mid.Now that
they have an offer where they can address up to a thousand lines, | would expect that the cable companies will get a lot, lot stronger in business on the mobile side.So, it will be an increasingly crowded space where three very disruptive companies, T Mobile witha new leader, Charter and Comcast, especially a Charter that will have absorbed Cox soon, play the.business market You know, we mentioned it before, T Mobile made about six monthsago the opposite decision of adding more company owned stores. For me, more company owned stores means you're more bullish that you have pretty consistent traffic where you put them.Whereas the variable decision, you don't know if it goes up or down, and you only want tocompensate for performance is when you move towards mobile.And from the T Mobile front, a branding perspective, you own the overall experience. So youyou are making sure that your employees are giving those customers exactly what they want.Obviously, you need the foot traffic to make that happen first and foremost. But, yeah, it's an.interesting divergence.At AT&T, about a month ago, Pascal Desroches announced he'll be retiring from a CFO position at the end of the year, and he will be replaced by Jennifer Beery. She's an AT&T alum,most recently CFO and COO at McAfee. Thoughts on Pascal stepping down?
Well, Pascal was the right man at the right time. He came in with John Stankey taking over as CEO,and he established a different tone than John Stevens had. Pascal really established faith and trust
and transparency back into the AT&T numbers. Under John Stevens, they changed how they reportedthe number almost every quarter. And it was so difficult to reconcile of what's actually going on in the
company and what the numbers said.
And as a result, none of the analysts trusted really AT&T's numbers. And a result, the stock traded ata discount of where it should trade. Pascal, who is a great person, really simplified how the company
was reporting, made it a lot more transparent, which also helped the company then to fully
demonstrate the success it has made over time, and how the company has focused on thefundamentals that has made AT&T an American icon. John Stankey refocused the company's strategyonconvergence. And Pascal told the story very successfully to Wall Street and investors.We did some work around investor relations. And one of the things that's also very interesting is
about half of AT&T's shareholders are retail shareholders. And what came out of that work that we did is that PASCAL restored the trust of small investors in the company. Investor Relations typically only deal with the massive investors, which is only half of the universe. And so, you know, Jennifer is coming in.She worked for John Stankey also before. When you go back when Jennifer worked for John the first
time around, John was very effusive about the qualifications of Jennifer. And I'm sure it hurt him when she stepped away. And what you need inthe relationship between the CEO and the CFO is a trusting relationship, you know, next to the COO. It's the most critical relationship you have.| always like to say the CEO is the brain of the company. The COO is the heart in Jeff McAlfresh. Hemoves the blood through the organization. The CFO is the lungs. They supply the oxygen that the
heart needs to push the blood through and to supply also the brain with oxygen.John gets back somebody he knows, he trusts, and based on what he said inthe past, admires and really gets along with.

I know at least 50 folks were let go across the board - maybe more…

But then they ask the next question, which you dread, So who are you working for? And you say Cengage. The not so polite people say what? Wait, how do you spell that? And then I found my trick is I say it's like a C and then the word engage. And then the lethal third question comes, So what do you do at Cengage? And then typically, I don't know about you, but for me, I was always struggling a little bit.

So what I want to do today with a very specific purpose is give us collective understanding of not only what we do, but why Cengage is an awesome company and why we deserve to win in the battle for the hearts and the minds of our customers.

We have an engagement survey and I can only implore you fill it out. I really do not care what you say.

Meaning it doesn't have to be like, Oh yeah, everything is great and like, but engage with it and like, say what's wrong, say what's right and engage your help with each other and help each other also not only in the survey, but also in the day-to-day, like interact with the product group, interact with the marketing group and make sure that we have a highest level of engagement because that really is a prerequisite for our productivity and our success.

No involuntary layoffs before September?

Any news on Limerick or Cork impact?

Every two years, coincidence? Lets see how many will be cut in year 2028

When you tell your manager you’re not relocating, will they terminate you or force you to resign? What’s better from a benefits standpoint?

https://www.uscis.gov/tools/reports-and-studies/h-1b-employer-data-hub

Next quarter should be interesting when that nonsense rolls away.

How many Dell software engineers does it take to change a lightbulb?

Five: one to write the ticket, one to reproduce the issue, one to say "works on my machine," one to schedule a meeting about it, and one to close the ticket as "won't fix."

how many dei employees did aap originally hire? and how many do we still have calling the shots?

Whatever you just saw was 7%. No where is that anywhere near enough for whatever Visa is trying to achieve as part of the 2030 strategy that is constantly being touted.

Layoffs will be an annual strategy moving forward. More offshoring to lower cost regions like Poland. For those teams with sister teams in lower cost regions, you're merely training your future replacements.

By the time Ryan and Rajat leave the company, Visa will be a shell of its former self, and they'll just point to CBDCs as the cause instead of take accountability for their actions.

The coffee giant has again increased its annual sales and profit projections, signaling a strong recovery. CEO Brian Niccol's strategic initiatives have successfully revitalized customer demand for the company. This positive performance has led to a notable increase in the company's stock value. Starbucks is now anticipating higher global same-store sales growth and improved earnings per share. The company's focus remains on operational improvements and cost management.

Seattle, Washington

https://www.klsescreener.com/v2/news/view/1764571/starbucks-raises-annual-forecasts-again-as-turnaround-takes-root

HuffPost employees held a tense town hall meeting following recent layoffs. Staffers sought clarity on the job reductions and leadership's future plans. The meeting addressed concerns about the company's direction. Many questions were submitted anonymously by employees. The newsroom is still processing the impact of the cuts.

New York, New York

https://www.status.news/p/buzzfeed-huffpost-layoffs-byron-allen

TLDW, any new nuggets of insight?

https://www.wral.com/business/technology/jim-goodnight-sas-interview-july-2026/

If you return to work for Pepsi after your severance ends, does the company count all your previous years of service towards vacation time ?
Anyone dealt with this situation ?

Someone on glassdoor said they got laid off this morning. Anyone else hear anything?

Israeli gaming firm Papaya is implementing a significant restructuring, resulting in the layoff of approximately 30 employees. This decision stems from the company's need to adapt to a rapidly evolving technology landscape, particularly the widespread integration of artificial intelligence. Papaya also cited challenging global economic conditions, including currency fluctuations, as contributing factors to this organizational adjustment. The company aims to foster a more streamlined and efficient operation to better focus on high-growth areas. These layoffs are part of a broader strategic effort to prepare Papaya for its future development stages.

https://www.calcalistech.com/ctechnews/article/hyrsiu7hfg

LightSpeed Studios, a subsidiary of Tencent, is laying off 80 employees. This reduction is attributed to changes in the development pipeline for the game Last Sentinel. The studio aims to adjust the game's creative and production directions. Some affected employees may be offered new roles within the company. Last Sentinel is an upcoming AAA cyberpunk action game.

https://wnhub.io/news/hr/item-51588

So i just called the VSP line and inquired about my designated separation date of March 19,2027, whether that’s going to change. The lady I spoke to says that’s unlikely to change.
Thoughts?

I just saw, Nike 1st quarter 2027 and I will declare that it was extremely underwhelming to say the least. There was some sign of life in running but everywhere else, it was just not easy to be enthused.

So anyone hoping to Nike turnaround, I am afraid that for at least for more than 6 months, they will not show up.

And if things will continue as is then I am afraid that some point they will be LAYOFFS.

With our leader EH proving that he is not adept for the job of turnaround, I am pretty pessimistic.

I am 47 year Nike independent dealer and I have seen all. Great time and bad times (like when Reebok came and kicked Nike's a-s) but this time, I have a distinct feeling that Nike is sinking and going to dark end.

And be a RAT!!! Jump the ship before it start sinking LOL

Is this real? In what universe does Medtronic think that coremap will take share from carto. the ceo of that company is a walking scam artist. this company is truly made up of some id--ts

Noticed some quiet promos in streaming on the P+ side. Anyone else see these?

Is it true Aaron Gani is out as of today?

Another false alarm?

Anyone hear of anything lately? Been too quiet around the campus.

...Don't ask how many of our promo team survived the latest RIF.

I know the hot topics are the VSP and layoffs, but does anyone know what the restructuring will look like.

https://www.twz.com/air/boeing-has-now-eaten-3b-in-air-force-one-cost-overruns

Post here if you hear of layoffs today, or if you get the dreaded “catch-up” or whatever meeting on your calendar. Try to include location, org, etc. support each other and stay informed!

Salesforce has recently eliminated approximately 1,000 positions across various departments. This significant workforce reduction is reportedly driven by the company's strategic pivot towards artificial intelligence. The affected roles span marketing, product management, and communication units. This move aligns with Salesforce's increasing reliance on AI tools to enhance operational efficiency. The company has not officially detailed the specific breakdown of these job cuts.

https://www.goodreturns.in/news/tech-layoffs-2026-salesforce-cuts-around-1000-jobs-across-marketing-product-communication-units-1488553.html

She's swapping with TP, TP is going to fix GC and CS can focus on growing NA - GC was too hard for her.

https://wreg.com/news/local/nike-may-move-some-memphis-operations-to-atlanta-company-memo-says/

Has there been more info on this?

Almost a year since I got cut and my life is better now. Is anyone actually enjoying it there still?