#company

Insider recently sold US$3.5m worth of stock

On the 29th of May, Samantha Hammock sold around 73k shares on-market at roughly US$47.83 per share. This transaction amounted to 82% of their direct individual holding at the time of the trade.

Don't know how many, but it's happening today.

Are there any layoffs this week for wellmed. We are locked out the computer and cannot get any answers

Completely off the layoff topic, sort of, but, does anyone know whe the exi results will be in?

Oracle is performing well 👍

Bravo Waters. Bravo. Impressive.

https://seekingalpha.com/news/4600557-ibm-google-team-up-to-provide-agentic-ai-solutions-to-enterprises

It certainly looks like IBM is exiting “enterprise cloud solutions”

John is hosting a Dallas ONLY (sorry non HQ people) open mic today. Highest rated question from the chat I will stand up and ask.

First, I wasn't surprised by my LR nor am I bitter. We all know Cisco is a cost-manager first and foremost, and there is still so much that can (and will) be cut from Cisco (and every other large tech co).

I actually applied to some internal roles, mostly for yucks. One HR screen for an SRE position but it was clear they really just wanted someone cheap and low-skill. Hard to get excited about anything internal when you know how Cisco is run.

Otherwise it is quite brutal out there. The traditional job search (resume, apply, interview, offer) is completely over-saturated and time-consuming. I don't think Cisco on my resume is seen as good or bad...it is a name people have heard of but doesn't impress like a FAANG. So you can't expect to get a pass based on your experience.

Interview prep and tech screens are much more absurdly difficult than anytime I can remember. I feel like I am cramming for the SAT. Problem is, every day I spend prepping is another day lost to other things I could be doing. The opportunity cost feels high.

On top of all of this, I have noticed an undeniable trend - declining published salaries ranges.

Companies know this is a buyer's market and are flipping the table on candidates.

I feel really bad for candidates who need $$$ to pay bills ASAP. I wonder how many will just drop out of tech.

As for me, I am going to be an entrepreneur out of necessity. I feel like I am in a su---r's game and I am just wasting week after week chasing what shouldn't be an impossible dream - a moderately decent job in my field - but it is what it is.

I think once everyone learns that FT, who is a large client, is dropping the contract and going with a different company the stock will fall even lower. Well into the 30s. How can you have confidence in the company if they constantly get dropped by clients?

Also, the sooner the better. Still some chance at severance, at least. I can't wait to have this forsaken place in the rearview mirror.

wow .. this is pretty insane!

https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3571666

We are always told that we are the safest, but any chance Case would be impacted with RIFs/Layoff?

Since I was notified that my last day is June 5th, I have not been contacted by anyone. My immediate supervisor has not been contacted by anyone. He has never been told by anyone that I have been laid off. I find this to be absolutely ludicrous and completely ridiculous, but I have not heard from anyone regarding any closing process. Is there any kind of interview? Exit interview or anything? Is this normal for me not to have heard anything?

The wool is going to come off people’s eyes sooner or later. When it does, the stock will end up much closer to where it belongs, in the single digits.

They always expect us to be loyal, to give our best, to stay for years and build our careers here. But when it comes time to invest in us, we're just an expense to be minimized. Experienced people get cut or have their raises capped so the company can save a few dollars.

T is like an enormous dinosaur lumbering through the telecom space. Had we cared for the aging dinosaur by making sure our fiber footprint and customer service were robust, we could have survived the times we are in now.

Instead we tried to weave ourselves into sectors we had no business in and come up with gimmicky BS to seem cutting edge.

Putting funding and focus into those pursuits made us quietly fall behind. Now we’re like a cringey guy in the throes of a midlife crisis trying to date 20 year olds and who have zero interest while neglecting his family that is rapidly falling apart.

Nothing is working and the company looks stupid as he-l flopping around trying to ensure everyone that things are going great and AT&T is cool.

If it’s any consolation, “thank you for being the best part of Verizon” was carelessly worn out like “love you’s” to your ex-wife. They got us all with it. They made corporate love to us (because it wasn’t consensual) while they took our innocence, money, and more importantly time. And you sold your dignity for a small check and what amounted to a pizza party. Hey we all get used from time to time. But this time, you got a skill out of it not just he---s.

I left the company some months back and am curious about two things

Next Best Action

Maverick

How are these progressing?

Do they think we don’t know they are reading from queue cards? These calls are so embarrassing.

When will virtual employees be asked to move to a hub?

If you think Shell is messed up…it’s actually a fine running Swiss watch. Enjoy what a near peer is going through…Any time you hear energy transition and BP beyond petroleum…

Thought he was gonna cry saying goodbye to his buddy Brett on the earnings call. Clearly he didn’t want to fire him and EM forced his hand. Neuroscience performance was awful (again)… when was the last time they hit plan??? Getting rid of Brett was long overdue— Geoff you are next

Hi, does anyone have any insight on Warsaw locations and potential changes coming?

https://www.dailyuw.com/article/meta-layoffs-and-megayachts-what-the-zuck-is-going-on-20260603

Anyone in finance care to comment on what's going on with you guys ?

Hearing about large scale layoffs.... How many are affected, when is it happening/how long do they think it will take?

I believe its another month before Aus moves to Woodside. Hows the mood there? Heard the first thing they're getting rid of is PDS.

Is a sale being announced tomorrow

https://www.youtube.com/watch?v=zECyMRI8sV4

I have been gone from Boeing for less than 5 years. Not long in the grand design, but long enough to compare.

The corporate world su-ks. The type of people who make it to management in all companies su-k.

All things being the same, I'd rather work for a company that su-ks with great benefits than a company that su-ks with less than stellar benefits.

I'm going to be ripped for this, but yes, I'd go back to Boeing. Its sh---y but the 10% match in the 401k will get me out earlier and the cost of insurance is the lowest I have ever found.

I'm not going to be happy at work anywhere, so I might as well have my pockets full.

Can anyone say why belk posts jobs online with no intention of hiring anyone?

Most likely from next week on.

Is there any truth behind a mid year focus on impacting remote employees? I heard there is but can’t comprehend how we can continue to lose people while the scope of work increases. ODW isn’t helping with workload (at least yet) and using AI only provides a temporary security blanket to speed some things up (while quality goes down).

https://www.politico.com/news/2026/06/02/bill-pulte-director-of-national-intelligence-00946319

Has anyone requested an accommodation to WFH during the World Cup? Many of the cities are advising to avoid the areas if you're not attending the games.

There were plenty of rumors, has anything been confirmed?

Has anyone been told they are getting a new title even if they haven't applied for anything or requested a change?

does anyone know anything new?

Anyone else finding their All Hands from Director, VPs, SVPs keep getting cancelled for this month? Getting a bit worried here. Fusion. Must mean a re-org or more layoffs given how often it’s happening.