Every week another solid performer walks out due to the uncertainty and constant cuts. Anybody who has options is heading for the door. The brain drain is real, and I don't think leadership even sees it. Or they see it and don't care, instead they're celebrating the attrition without severance.
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And it's happening again
Losing experienced employees on account of outsourcing and bringing on cheaper recent grads who have no idea what they're doing. All the experience is getting kicked out and somehow they think this place will continue functioning in the same way. Spoiler alert, it will not and I'm almost glad I won't be here to see the consequences.
Ready for the next round?
Looks like it’s open season again.
layoff email sent Monday the 27th
Jan-Jaap "JJ" Jager sent company-wide email July Monday the 27th saying there will be layoffs (not in those exact words). No numbers on personnel or financials disclosed.
Servicenow layoffs
I have been hearing multiple discussions and LinkedIn posts about the servicenow layoffs across globe.
Any updates?
Fiserv Stock Back Above the Lyons Departure Price
Let me tell you a couple of three things: forget the excuses, forget the value Lyons managed to erase, and forget the corporate incompetence that put Fiserv in this position.
Takis took that stock—weak, embarrassed, wandering around like it had no leadership—and brought it all the way back to where it was before Lyons left. Frankly, it’s an honor to be surrounded by shareholders who still believe in execution, discipline, and making money—and not incompetent executives like Lyons, who should’ve stayed in whatever management-development program he crawled out of.
The future? I’m optimistic. Takis has restored respect, restored confidence, and most importantly, restored the stock price.
As far as Lyons is concerned, my estimation of him as an executive just plummeted.
The Shareholder Gawds Have Been Appeased
ST. LOUIS, July 28, 2026 /PRNewswire/ -- Centene Corporation (NYSE: CNC) (the Company) announced today its financial results for the second quarter ended June 30, 2026. In summary, the 2026 second quarter results were as follows:
Total revenues (in millions) $53,579
Premium and service revenues (in millions)
$44,375
Health benefits ratio 89.6 %
SG&A expense ratio 7.0 %
Adjusted SG&A expense ratio (1) 6.9 %
GAAP diluted earnings per share $2.19
Adjusted diluted earnings per share (1) $2.51
Total cash flow provided by operations (in millions) $3,590
9/4
The company needs to change everyone who was approved to 9/4/2026. This is what was told to us from day 1!!
Forum is less than 3 weeks away
With all the executive turnover, it feels like this Forum is going to be rough from a client messaging perspective. I'd be seriously questioning if there is enough actual leadership to move the company forward.
Also, the conference website shows only two featured speakers, Takis and a behavioral scientist I have never heard of. In years past there has been former presidents and major celebrities. I hope more is going to be announced soon because that is a very weak lineup.
Proof is in pudding
Folks just look at how they have handled everything since June. The rhetoric they use, the moving of timelines, misleading information and that's not counting all the other shenanigans this company has pulled over last 3 to 5 yrs. They dont like us and it's obvious they wanted to see who was disgruntled here and to make themselves look better with investors. They have no intention of paying out all these VSP and understood that by doing this ppl would quit or be so mentally gone thst they start to struggle.
ALL HANDS Meeting Chat
The layoff news seems to be spreading rapidly now, it'd be great if we could all spam the All Hands meeting chat asking about the layoffs in the news opposed to asking about coffee.
Time Off
I had heard but it’s not been verified that for those of us leaving 9/4 that we should be careful and not use all our vacation time left because we haven’t actually earned time for Oct, Nov or Dec. Can someone co firm? I know we can’t take time last 2 weeks because that’s clearly written on the FAQ.
RTO
Anyone know if they are expanding RTO still? Has anyone been able to get an exception?
Why don’t Dell employees come back
Used to be Dell employees who left Dell would come back at some point to work at Dell, this is no longer true not sure why
Town hall today...
I guess we get to find out how many more jobs are going away and how they'll expect the remaining employees to do more with less under the guise of being more "agile". Not even 3 months ago it was "we can't cut and cope our way to profitability..." When will the constant re-orgs end and sHell return to its glory days again when job security wasn't the biggest concern for everyone? #ThatsAGoodQuestion
150 E going to HY
So is CIBT personnel going to HY?
I know damn well most crusty as fu-k managers that have McMansions in CT will not go to Jersey so wtf is happening this NOV?
How many stores in IL
How many stores in IL are being transitioned to indirect?
2600 jobs eliminated
An email from CEO from an hour ago announced 2600 roles eliminated across company, mostly among Technology and Product teams, representing about 7% of all roles in the company
Clinuvel to relocate HQ to U.S., cut workforce
https://www.fiercebiotech.com/biotech/australian-biopharma-clinuvel-shed-20-workforce-move-us
19 Years of Stephenson & Stankey
On July 1, 2007 , Stephenson's first day as CEO, AT&T's share price was $37.62.
Keep patting yourselves on the back.
CHC
Any CHC people still here or has all been laid off?
VACCN Nextgen
2 regions East and West. GOOD LUCK 👍
Free van from a shell company
When I started as an HVAC tech for Sears Home Services, I was hired over the phone, sight unseen, and my orientation was over zoom. Until that first video call, I was kinda thinking this was all some foreign scam to get my SSN and bank information and there was no job. I had never heard of "Transformco." Then a tow truck showed up one day and dropped off a Ford Transit van at my house, and I started getting deliveries of appliance parts and tools. They had me ride with another tech in my area for 2 weeks to train and then gave me my own routes. After that point I never saw another Sears employee again. Just me and the AI chatbot fixing washing machines all over 8 rural counties, 5 days a week. It was kind of like a scifi movie where the main character is alone on a spaceship with no one to talk to but the robot that cleans the toilet. A cool thing about the AI running everything was that if you reasoned with it a certain way, you could make it take calls off your route you didn't want to go to, or even shorten your day to end at noon.
I "called in" a lot (which is literally just a button you push in the app you have to use for your route), but as far as I could tell no one was there to keep track of or reprimand my attendance
After about a year, I got an offer for better pay and took it, and I put in my notice. Ran my last route in January of this year, and parked my van in the driveway with the keys on the seat for when they sent the tow truck. They never did, and per my state's abandoned vehicle law, I went to the courthouse to report a vehicle abandoned on my property for over 6 months, filled out a claim form and today I got the title in the mail! Outright and fee simple.
All this to say, you guys still out there working have reached the point where Lampert and the Colonel have hollowed out the company enough for it to basically be a free for all. Take advantage of the spoils while you can!
??
So when will we know if enough people accepted the package?
Any ideas when we will be notified of ISP?
Does anyone have any knowledge of when the involuntary separation program will begin? Anyone here in the know ?
Will RTO happen again?
I’m not within the merch org that was called for RTO back in April but wondering if there’s another planned RTO for all remaining remote workers at some point. Has anyone heard anything?
Town Hall July 28th
I have not received this Town Hall invite. Does anyone know any upcoming news surrounding Us Bank Home Mortgage employees?
https://www.foxbusiness.com/business-leaders/cr--ker-barrel-ceo-julie-masino-step-down.amp
https://www.foxbusiness.com/business-leaders/cr--ker-barrel-ceo-julie-masino-step-down.amp
No denials yet?
It looks like everybody who wanted it got accepted. Could denials be going out later on?
All company meeting ELT says 70000 ppl company so 12000 layoff ?
All company meeting ELT says 70000 ppl company so 12000 layoff ?
VSP Email
Just received email at 12:16pm. VSP accepted. Separation date 9/4/26. Thank God. Get me out of this toxic company.
JUST GOT ACCEPTED
Just got my email 12:16 est! THANK GOD !! 9/4 !
Word is getting aroun
https://www.efinancialcareers.com/news/remediation-work-banks
Any insider info on rebadging numbers?
Anyone here have more details on percentage of rebadging employees in US and India.. Vivek confirmed there is a plan for sure that is coming our way soon
Why are they still hiring
Received an email from a recruiter about a job?? Why are they hiring amidst layoffs??