#news

Our earnings would be in the toilet if it wasn’t for the mess in Iran.

Anyone hearing anything?

Any word from people in the UK?

https://www.thejournal.ie/paypal-ireland-layoffs-7147657-Aug2026/

More lay offs coming from commercial plans exiting

https://www.dundalkdemocrat.ie/news/dundalk-town/paypal-job-losses-described-as-terrible-blow-by-louth-td-8951398

https://news.bloomberglaw.com/daily-labor-report/h-1b-holders-spouses-would-lose-work-permits-in-new-trump-plan

The new operation isn't what it was promised to press.

Hours are thin..sales still not what they were before all that calamity

I Do think we will be closing in Northbrook and I've heard Oakbrook has been pretty slow too

Not surprised.

Does anyone know how many VPs were let go this week in NA? I heard a U.S. West Sales VP, a Central based PUB Sales VP, and a West-Central SVP were cut. One was very good at her job.
Any other news?

https://timesofindia.indiatimes.com/technology/tech-news/accenture-ceo-julie-sweet-makes-a-vacation-request-to-employees-for-this-august/articleshow/133284654.cms

What is behind that Smile?

E.W. Scripps Company has implemented widespread layoffs across its television stations to transition to a 24-hour AI-powered streaming model. This shift has resulted in a noticeable change in local newscasts, with reduced on-air talent and increased reliance on automated content. Viewers in Corpus Christi have expressed dissatisfaction with the new format at KRIS 6, citing a lack of personality and abrupt transitions. Many locals have indicated they are considering switching to competing news channels. The company aims for increased efficiency through this technological integration.

Corpus Christi, Texas

https://www.yahoo.com/news/us/articles/kris-6-loses-anchors-banter-120700035.html

Stephen Farquhar has been named the new CEO of Publicis Health Media, replacing Andrea Palmer. Farquhar previously led Publicis Health's U.S. operations. Palmer had been with Publicis for 19 years and was instrumental in PHM's growth. The reason for Palmer's departure was not officially stated. Farquhar's extensive experience includes leadership roles across various markets and industries.

https://www.fiercepharma.com/marketing/stephen-farquhar-takes-over-ceo-publicis-health-media

I heard they layed off alot of product folks in TR legal.. is it true?. Does anyone know how many people were impacted

Team Liquid has initiated another round of global layoffs affecting various departments. Sources indicate that revised financial forecasts and broader macroeconomic challenges are contributing factors. Shifting commercial investments within the gaming market are also cited as a reason for the cuts. The termination of a major partnership in May 2025 appears to have been a significant turning point for the organization. Team Liquid declined to comment on the situation.

United States

https://www.sheepesports.com/en/articles/team-liquid-hit-by-new-global-layoffs-amid-commercial-difficulties/en

WBAL NewsRadio has undergone significant layoffs, impacting local employees and leading to the replacement of several locally hosted programs. The station has transitioned to airing nationally syndicated shows, a move that has reportedly surprised those affected. Hosts T.J. Smith and Angelette Aviles are among those who lost their positions. Leadership from WBAL NewsRadio and its owner, Hearst, have not yet commented on the situation. These changes signal a shift in the station's programming strategy, moving away from local content.

Baltimore, Maryland

https://www.thebanner.com/community/local-news/wbal-news-radio-layoffs-HXYEFMHFEJF7RKVT4XOMEVUEBA/

Ramon still going after adding $10 to our price

If it was a WM, it would have been madness!!!

Join in on the fun on Reddit !!!

credit:

https://www.reddit.com/r/discover/comments/1t4uvfw/discovercapone_has_gotten_to_the_point_of_telling/?share_id=KfbKY7GMoyMchD6eeqOFJ&utm_content=1&utm_medium=android_app&utm_name=androidcss&utm_source=share&utm_term=1

Go to discover
r/discover
•
4mo ago
Low-Paramedic-691

Discover/CapOne has gotten to the point of telling employees if they don’t like how the merger is going they can quit.
Rant
These are my opinions only from what I’ve heard from people at Discover. Not working for them and don’t speak for them. Only know what I’ve been told by many people scared to speak up.

The merger has been an absolute disaster. I’ve seen people give out feedback on it only to get shut down and threatened with termination over it.

They went from preaching how this is going to be great for consumers and employees, to now saying well this is how mergers goes and if you’re upset you need to get over it or quit.

They say they welcome any feedback but when you do try to give feedback you get AI responses and then told you’re being too negative if you don’t shut up and it’ll lead to termination if it continues.

Don’t see this going well for employees at all. Kinda seems like they’re trying to get rid of as many people as they can.

Paul Taylor was named President of DXC Technology, assuming the role from Raul Fernandez, who will continue as Chief Executive Officer.

Thoughts?

https://dxc.com/newsroom/07302026-dxc-announces-leadership-appointments-to-accelerate-its-ai-centric-future

https://www.forbes.com/lists/innovative-large-companies/

https://www.reuters.com/business/nasdaq-futures-take-lead-after-nvidia-forecast-refuels-ai-trade-2026-08-27/

I guess those assets in Angola we are selling off aren’t technically being layed off.
But, probably a good thing to get out from under Chevron while they can.

Who’s next. APAC?

We have been in the news so much as of late as we are making deals left and right. I have a good feeling about the direction we are heading in.

https://finance.yahoo.com/markets/stocks/article/di-ks-sporting-goods-stock-crash-reveals-a-major-problem-for-struggling-nike-114409937.html

Has there been any news about the employee survey? That happened over three months ago and then crickets.

And what do we get

https://www.youtube.com/watch?v=DX_oIQ-tA6M

IBM features prominently in Sabine's new video.

Selling, but leasing back for 15 years is what I've heard.

Anyone else see the news article out of Oklahoma City (KFOR news) uncovering emails from top executives related to SF claims practices Would not be surprised if some resignations and/or additional insurance commissioner investigations result from this.

Verizon new ciso! Something going on....