#divestiture

Layoffs will start 6am on Monday by email. Approx. 11,000 employees. No change in severance from last round. No garden leave- effective immediately. Retroactive WARN notices. Remember WARN also doesn’t apply to remote workers. A similar sized layoff in March. Nearly all teams are expected to solidify AI development processes even further. Teams will begin to transition to big picture small headcount silos. This will begin the shift and divestment from resources abroad to a smaller Oracle <90,000 employees by 2028

https://theenergyyear.com/news/shell-looks-to-offload-up-to-8-billion-of-us-business/

Check the local news

Guesses on how quick? Fire sale? It doesn’t fit either business Needs to be with a Gas explorer.

Rumor from IMAGE conference last week via Chevron personnel.

There was a post on the r/IBM Reddit page this morning that has since been removed by the executive team's flying monkeys. The post discussed 17 products being sold by IBM to Persistent and didn't go into further detail as the person who posted it was worried about being outed. Has anyone else heard this rumor?

What's next on the block?

Anyone know what this is about?
Since LinkedIn shows I worked at DFS I've received multiple junk mails with this request.

I'm looking to get in touch with you regarding Discover Financial Services. We have a family office that is looking at investing in Discover Financial Services's industry.

Are you available this week to discuss the opportunity?

So they’re selling the biller segment?

Been following the thread on today's business update, but noticed this article after a separate online search...

https://www.paymentsdive.com/news/fis-seeks-to-sell-parts-of-capital-markets-unit/826952/

Stock has done nothing in 5 years. I'm surprised the they haven't started selling more parts of the company. Typical of tanking companies.

Mike Garrison is leaving BD “retiring”, the projects are not doing well.. what’s happening to that business? No leaders can stay

Patient Care Solutions saw a YOY change of -13.3% and a net loss of 26 Million (EIBT). GE Healthcare is officially reviewing all strategic options

I’ll go first:

Q: Why did Shell exit Guyana?
A: #ThatsAGoodQuestion #ThisIsShell

First Marcellus, now, EF and Powder. That’s 12 billion in divestitures. Take that to the bank.

Still won’t help the share price.

In the past 6 months many people have been laid off, including some of our best leaders. We’re seriously understaffed now. Also, there is NO investment in this business and our IT portfolio has been cut to the bone. I never hear Sean C. even talk about Dental and he doesn’t seem to meet with Dental team members. I’m not even sure who’s really in charge now. There are no signs of real leadership anymore and the communication is terrible.

This used to be a great, highly profitable business with great employees. But it’s a pathetic shell of that now. This all makes me wonder if it is being stripped down in preparation for being sold, like IFP, Medicare and (soon) EviCore. Am I missing something?

This company is the worst ever. They have no clue what they are doing. SMBC is for sale, probably sold already. Just let us go already. I'm not giving in though; they are going to pay me severance. Treating people like sh!t is going to work, and they aren't going to voluntarily leave.

It sounds like everything is out now.

We sold a significant amount of doors to the agents... The good news is, those employees will have a job. I’m told we’re keeping a thousand corporate doors and that my team and I are safe for at least 3 years, do we trust that? Looks like operations took a significant hit, who is going to do that work?

Overall, I feel lucky, but feel awful for anyone who is impacted.

https://www.reuters.com/business/world-at-work/verizon-shed-274-stores-lay-off-another-500-corporate-employees-2026-07-16/

July 16 (Reuters) - U.S. wireless carrier Verizon (VZ.N), opens new tab said on Thursday it will sell 274 company-owned retail locations ​and cut about 500 corporate jobs as part of its ‌restructuring.

The moves will affect about 3,000 retail and corporate employees. Verizon will own 1,000 stores after the sale, effective August 16. Verizon eliminated several hundred jobs in ​May after announcing in November it was cutting more than ​13,000 jobs in its largest single round of layoffs.

It’s to diverse your store got confirmation blood bath

Anyone know what stores are closing or divesting?

has anyone heard of any stores in california closing or turning indirect?

From another district and just got off a call these stores will be impacted and or going to indirect with options to either take the package or continue with indirect once fully transforms

New York / Long Island

Lawerence
Manhasset
Rockville center
57th and broadway

Are all the stores getting divested or are there stores that will just simply be closed? Have all the stores in East Region been notified?

St. Peters, Creve Coeur, & Kirkwood are divested!!!!!

Did anyone else get an email about rekeying the store for agent?

Victra will make all kinds of promises to you that everything will be the same or better than it was, but they're full of bullsh-t. If your store is bought by them, you're better off taking the severance and going on unemployment

Just hearing from 4 Indiana stores that have been divested. Good luck to everyone out there!

Time Warner and should have left it alone. That was a gem of an asset that could have had significant growth but the SBC blockheads had to get their grubby paws into it and dirty up the punch bowl. You think about all the M&A over the years and what they botched, divested, ruined etc...The hubris for an SBC Telco Executive team to think they could do better than the entertainment talent of Time Warner. With AT&T Executives I see little to no connection with the masses of customers or the overwhelming majority of the employee base. I left 2+ years ago and it was the best decision I ever made. Those hanging around based on some mythical package they think they will get.....times have changed and those days are over.

No matter how successful and value creative bpx advertises itself to be the new bp will take exception and possibly even divest the assets as it has been done in the past. Expect Hainsville to rename unscathed…gas matters.

Will MO divest BPX an asset she has already divested in a previous lifetime as CEO of Woodside?

Your comments and opinions matter and do have effect on the company

Private Equity apparently putting up decent chunk of cash.

Stankey cost the company $100+ billion over his career.

Here are the smart business decisions he made:
Bought DirectTV for $67 billion in 2015
Bought WarnerMedia for $108 billion in 2018
Sold WarnerMedia for $43 billion in 2022
Sold DirectTV for $26 billion in 2025
Net loss over these deals is $106 billion

Here is what we should have bought:
T-Mobile in 2015 for $45 billion in 2015
Level 3 Communications for $34 billion in 2016
CenturyLink for $55 billion in 2016
DISH Network for $35 billion in 2017
Net valuation gain would be $182 billion for AT&T.

This would have moved AT&T’s spot on the Fortune 100 to the top 10 and position us alongside companies like Alphabet and Microsoft. Current we are ranked 32. Our employee headcount would have increased to 240,000 instead of the current 133,000 and the 80,000 target. AT&T would have likely be the #1 U.S. wireless carrier instead of being #3 behind T-Mobile and Verizon. Our share price would have been roughly $45 instead of $22.

Stankey talks a big game. He says that our #1 priority is fiber investment and convergence. That he wants to make AT&T market based. But he never tells you what AT&T could or should have been if he and Randall did not ruin it. When confronted with any serious question at a town hall he deflects with “convergence” or “fiber investment”.

I have been in Texas my whole life and I know a con when I see one. We call that “big hat no cattle”.

I know there should be no surprise with the price of oil dropping, but Shell stock is tanking. I thought the company would have been doing better after all of the massive layoffs, divestments and stock buy backs. Have they gone too far?

Does the Gentiva Hospice divestment mean anything or just a fund raising move to generate cash to prop stock price up?

https://seekingalpha.com/news/4601923-activist-jana-wants-fiserv-to-sell-more-assets-refresh-board---report

BP has finally realized that the UK North Sea sector is unsustainable and needs to divested and/or decommissioned. UK taxation authorities have made investment and upkeep untenable with a 78% tax rate. The asset condition are atrocious and will negatively impact BP permit to operate.
BP needs to to leave the UK while its easy.