#company

Some successful and tenured execs were on the chopping block. JM not surprised as possibly headed to retirement, but MG was completely unexpected. P-M coming up next week I heard so this is just the start.

The 3 benchmarks are AI, S&P500 and cd’s/treasuries for 5 years total return

AI. 100%+
S&P500. 85%
CD’s/Tr. 15%
Waters 0%

Waters is clearly not a growth company, but stagnant.

Any news on this?

My LinkedIn feed continues to see posts of good coworkers leaving on the own and the posts are increasing in frequency. CDW leadership is ki-ling what used to be a great company (those days are long gone). Leave now while CDW still means something on your resume.

Not only will we beat the numbers, we will blow past them

The numbers are awesome, we are returning to growth

Autoblog
https://www.autoblog.com/news/the-ev-bo-m-is-changing-and-100000-job-cuts-prove-it

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Crazy to me that it's been falsely reporting for about 2 weeks now.

Verizon has (Never) in its' history done a layoff in June.

Normally, a Verizon layoff happens each year during April, and/or October.

If it does (actually) happen, May 7th would be the date; mentioned in the other post.

A lot of baseless rumours have been posted here. You must be said after today's all hands

remember not too long ago those BA parties where metamates would brag how much they made? millions being printed for "little work". I do. Who else does ? will they be saved on May 20 th ?

About 400 more people gone. I guess Shart needs another million in his bonus.

are the sending 15mins impromptu meetings or sending early morning?

My last job was incredibly boring but stable. Bonuses every year, clear processes, you know how it goes. I got an offer from Ford two years ago and I thought it would be a great challenge to break the monotony. Now I'm stuck at a place where nobody knows what anyone else is doing. I miss boring.

I heard from a friend about a role in GT that’s currently open. They sent my resume and cover letter to the hiring manager on Friday. He tells them today that the position can only be filled from within GT. I sit in another LOB. Can anyone explain why this is happening?

Put us out of our misery!

That should be Medtronic's new motto.

??

Cencora has sold Patient Services to Caremetx. All employees within those divisions of the company will be employed by Caremetx in the next coming months.

https://www.globenewswire.com/news-release/2026/04/27/3281487/0/en/caremetx-acquires-u-s-based-patient-services-and-free-goods-pharmacy-operations-from-cencora-significantly-expanding-its-patient-access-platform.html

Why are CRG branch and market managers celebrating Finet recruits? Are they combining?

If im them, I announce both at the same time. People left won't be complaining about 100%

It's not a secret the OT is bleeding and drying out the divisions and there going to be another major layoff soon.

I'm hearing a lot of rumors about OT going to sell ADM bu heard SAP and others but is there any credibility to those rumors? is anyone going to buy ADM?
I guess the sale will be happening at the end of the faineance year (this June - start of July)

Someone at the top figured out Nike is not a Tech company.

Bloomsbury, a UK-based publisher, announced a restructuring plan. The company intends to streamline its operations for future growth. About 55 positions will be eliminated in the US and UK. Bloomsbury will reorganize its three main editorial divisions. These changes are scheduled to take effect on June 1, 2026.

https://locusmag.com/2026/04/bloomsbury-layoffs/

Wouldn't cutting MW's salary amd other ELT be a great move? Consultants like McKinsey basically run the company so why pay for expensive ELT?

There were more layoffs in the Data and AI org in TPX yesterday. Unsure how many total were laid off but it was more than just the higher ups they said in the email.

BD got another new platform to waste money on. Hope, TGS id--ts will be kept out of it if we are serious about any meaningful value from that investment.

Has severance remained the same or have there been any changes?

Wow!!! Blamed to managers .

Or maybe can point me to where I can find that info?

I don’t know why people think results will make a difference. At AT&T, layoffs happen regardless. Good results, mediocre ones, bad ones, it doesn’t matter. They’re just part of how things work here.

We're certain it's done, right?

Are all the questions being blocked? Nothing is coming through.