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Avis stock over $700.00

Regardless of the reason (short squeeze, car sales volume, etc.) It's a bad look that hertz is at $7.00.
Coming soon Gillybean will brag about how strong Q1 results, but core rental is still under performing.
Product team got bounced from Sandipshit and now report to Dreary CIO. That means the legacy of nearly Ded Ned is gone.


Why was this necessary?

It kind of su-ks to watch several Disney presentations and see the company boasting of breaking so many financial records and then turn around to see thousands of your coworkers gone. Knowing it wasn't necessary but simply common greed makes it feel even worse.


Microsoft Gaming Considers Significant Staff Cuts

Rumors suggest Microsoft Gaming plans a large workforce reduction. An anonymous post on Blind claimed 15% of gaming staff could be cut. The post indicated a potential announcement date of May 6 or June 5. This speculation follows a company-wide hiring freeze and leadership changes. New CEO Asha Sharma recently took over, succeeding Phil Spencer.

https://www.invenglobal.com/articles/21161/rumors-swirl-of-15-layoffs-at-microsoft-gaming


Starbucks Restructures Tech Team, Announces Job Reductions

Starbucks is reducing tech positions following a new CTO's arrival. The company aims to move faster and sharpen focus. Several employees posted about the job reductions. The number of affected staff remains unspecified. This is part of a wider company turnaround.

Seattle, Washington

https://www.geekwire.com/2026/starbucks-cuts-tech-jobs-as-new-cto-reshapes-organization/

Starbucks |


Binance CEO Confirms No Mass Layoffs Amid Tech Cuts

Binance co-chief executive Yi He announced no significant layoffs are planned. This stance differs from many tech firms cutting jobs. Binance instead prioritizes new hires and global expansion. The company aims to reach three billion users worldwide. Yi He views AI as a productivity enhancer, not a job replacer.

https://stocktwits.com/news-articles/markets/cryptocurrency/binance-ceo-says-no-large-scale-layoffs-planned-amid-ai-job-cuts/cZBdgYuRIzB


Mad Cave Studios Implements Layoffs

Mad Cave Studios recently laid off several employees. This included senior editors and marketing staff members. The company's president, Mark Irwin, cited the need for long-term health. He stated the changes allow for resilience and strategic investment. These layoffs follow similar staff reductions at Marvel Comics.

https://bleedingcool.com/comics/mad-cave-lays-off-editors-marketers-its-president-tells-us-why/