#company

I'd avoid this company until the Paramount merger settles. I just got caught up in the layoffs along with several other coworkers. The future is uncertain and job security is low at the moment. I was in a tech position.

I finally did it. Put in my notice on Monday, walked out the door, and didn't look back. I didn't even give a two week's notice. I don't plan to be back so I don't care if I burnt any bridges. I watched nepotism get promoted and talent get ignored for years. Enough is enough.

There's no such thing as job security here anymore. Just the illusion of it until the next email.

Three people left last month, two to competitors, one to retirement. Zero backfills. We've just accepted that this is our new normal.

I try to teach the newbies the ropes, but they're on their phones or walking off mid-explanation. Maybe I'm just old-school, but I thought you were supposed to actually learn the job once you join a company. Isn't that the minimum requirement? What's their game plan here?

https://sports.yahoo.com/articles/clearly-got-woke-building-ex-185218193.html

"Form 8-K is a mandatory current report filed by U.S. publicly traded companies with the Securities and Exchange Commission (SEC) to disclose significant, unscheduled corporate events. Companies generally have four business days from the occurrence of a material event to file this form, ensuring investors receive timely updates between annual (10-K) and quarterly (10-Q) reports. "

It was filed yesterday:
https://www.sec.gov/Archives/edgar/data/51143/000005114326000077/ibm-20260722.htm
https://www.ibm.com/investor/financial-reporting

Not sure if this means more bad news is coming or if this was them filing something about the 2Q Earnings that took 25% of the stock. Examples I was given of things that a 8-K is for is a C-suite quitting or being removed, bankruptcy, or the loss of a significant large contract.

This place is on life support and has been for a while, and management keeps unplugging the machines. I've watched entire departments vanish, and the work just gets dumped on whoever's left. The collapse won't be dramatic - it'll be a slow, painful death by attrition.

I asked our newest hire why she joined despite so much bad press surrounding Verizon and cuts. She said the recruiter was really persuasive and she needed a job fast. Not even a month in, she's already updating her LinkedIn. I'd like to laugh, but than again, I'm also stuck here so it's not that funny.

Strong earnings streak, stock up, that probably means we should consider ourselves safe for now because Dell would never lay off employees amid great results, right? Right? (Yes, I'm being sarcastic, in case it's not painfully obvious.)

Frank Bisignano left JPMorgan Chase, one of the nation's largest banks, after complaints about his behavior led the company's CEO to lose trust in him, according to a Wall Street Journal article.

That is all

AK is all over the media doing damage control.

https://www.foxbusiness.com/media/ibm-ceo-addresses-wall-street-tech-panic-after-delayed-enterprise-software-deals-surge-back

IBM CEO: Prices for a lot of infrastructure components have gone way up --
https://www.youtube.com/watch?v=F2dFAk5fpq0

IBM’s Krishna tries to reassure investors that AI won’t disrupt company’s software unit --
https://www.cnbc.com/2026/07/23/ibms-krishna-argues-that-ai-wont-disrupt-software-unit.html

IBM's Krishna argues that AI won't disrupt software unit --
https://www.cnbc.com/amp/2026/07/23/ibms-krishna-argues-that-ai-wont-disrupt-software-unit.html

I think we’ve seen enough.

Eight Howard Stern Show employees were highlighted in a recent Instagram post, seemingly confirming their continued employment. This comes shortly after reports of significant layoffs affecting a dozen other staff members. The show is also transitioning to one live broadcast per week starting this fall. Several individuals were named in the post, while others confirmed their departures via social media. Stern recently renewed his contract for an additional three years.

New York, New York

https://www.yahoo.com/entertainment/videos/eight-howard-stern-show-employees-114927173.html

IBM missed every major tech revolution from PCs to AI, shrinking to a $200 billion market cap while private OpenAI is valued at $900 billion.

IBM, which has been poorly run for decades, is on the ropes. The company has had plenty of practice managing decline. When it warned about its earnings a week ago, the stock dropped over 20%. It is down 30% for the year, while the S&P is up 9%. The picture is even bleaker from another vantage point: in early June, the stock changed hands at $329, but it trades at very slightly better than $200 now.

https://247wallst.com/investing/2026/07/23/ibm-is-the-worlds-worst-big-tech-company/

Music production platform Splice has confirmed a strategic restructuring that includes staff layoffs. The company stated these changes are intended to increase focus and agility. Splice is reallocating investments to better serve creators. They expressed gratitude to departing employees for their contributions. The goal is to build next-generation tools for musicians.

New York, NY

https://musictech.com/news/music/splice-confirms-staff-layoffs-and-restructuring/

If that is even true. I know you people don't want a two class society at USBank but leadership caused this mess. If remote employees can be grandfathered then past employees should have been given a route to become remote too.

GK said it was brave to have their name attached and fake laughed it off

I’d say 50/50 chance!

Gunjan just said that remote employees are being grandfathered in. Can we please stop the fear mongering now?

Is this the most tone deaf, worthless, let them eat cake townhall this company has ever had to date? I think so...

The fact that she can get on an all-company townhall and just blatantly lie is wild. My faith in this company has fallen so far that I no longer even trust USB to manage my money. Have been transferring my and my parents accounts to other institutions. This townhall just strongly confirmed that decision.

The way they continue to spin our questions into something easily dismissed is astonishing. 'Concerns about layoffs programs.' 'We don't have a layoff program like other companies.' And a swift move to the next question. These clowns are the worst of the worst.

Big big ai layoffs coming the rest of the year as companies push for huge ai adoption. This is global as companies are going in big with AI. This is scary stuff!

Is there any ongoing reorg in upstream?

Ten percent of customer service operations division gone.

Any news on what this big VIP meeting in Alpharetta is about today? They blocked off a bunch of parking and have a security guard out in the parking lot for them today

It’s interesting to see hiring leaders into high-level roles with fully remote. Is this acceptable?

This is right out of Ginni's tired playbook " One quarter does not define a company. Progress is never perfect or linear. But the future is ours to win"

Schneider Telford closing in December

link ---> https://www.msn.com/en-us/money/economy/ibm-s-ceo-sends-a-warning-as-its-shares-take-their-worst-hit-in-decades/ss-AA28tjw7?ocid=msedgntp&cvid=6a61faf0de104c25954b7727766c091c&cvpid=9f9665ade94b4e1994ac75d6ecfc101c&ei=14#image=10

Just seem busy whenever a manager calls. Otherwise put your feet up and watch YouTube and relax. The work isn’t that hard here. It’s still good, just don’t be visible and they’ll forget about you

Stephen A. Smith discussed recent ESPN layoffs on his podcast. He expressed unhappiness with the dismissal of NFL analyst Ryan Clark. Smith acknowledged the financial realities facing the company. He stated that such decisions are difficult but necessary. Smith also noted that more layoffs are likely.

New York, New York

https://www.usatoday.com/story/sports/media/2026/07/21/stephen-a-smith-espn-layoffs-reaction/90998482007/

We just got another fun email on oneway dell timesheets. seriously its like nothing works here in any place.

Can't even take holidays like normal person in NORMAL company.

What will be left of this place once they're done with us? ESPN will not be the same with so many of the broadcasters that made this place what it is gone.

The mess we're in is because of incompetent leaders. They got their positions through connections, not skill. And it shows.

IBM will silently laying people off after the stock crash... From what I've seen, this is how they do it:

They suddenly label people as "low performers" (making up stories if they have to) and try to push them into quitting.

They put people on PIPs (1–3 month Performance Improvement Plans) and then fire them. The goal seems to be avoiding severance.

They make your work life miserable until you leave on your own.

If you're thinking about joining IBM, I'd honestly look somewhere else. In my experience, the company doesn't have many interesting projects anymore, and management is pretty bad. Most managers have no clue how to lead or manage teams.

Just my opinion based on what I've seen in this company over the years.

Looking at how things have been run, it's no shock we're in this position. The whole operation is stuck in the past.