#news

does anyone know anything new?

The Unshredded Truth About Dell

META Stock Still Trails Mag 7 Peers Even After New Subscriptions, Layoffs, Cloud Plans

https://stocktwits.com/news-articles/markets/equity/meta-stock-still-trails-mag-7-peers-even-after-new-subscriptions-layoffs-cloud-plans-retail-sniffs-buying-opportunity/cZ0ikQtRevF

What’s happening? It seems like every day there’s a new LI announcement with someone leaving.

Is this just lazy journalism and somebody reporting March cuts now or are we going to lose ANOTHER 2,500 employees? Does anybody know what's going on?

does not look good at all

https://www.crowdstrike.com/en-us/press-releases/crowdstrike-named-a-leader-in-the-2026-gartner-magic-quadrant-for-endpoint-protection-for-seventh-consecutive-time/

Cisco, nowhere to be found? Who was in charge of SBG products, then and now (G2)

https://www.techtimes.com/articles/317527/20260601/oracles-30000-layoffs-enter-final-phase-sign-release-forfeit-severance.htm

https://techrights.org/n/2026/06/02/Quantum_as_the_Next_Big_Bubble.shtml

Our VP scheduled a 15 minute meeting today regarding an "organizational update." Has anyone else had similar meetings or received any news today? Curious whether this is part of broader organizational changes or if there may be another round of layoffs occurring. Any insight would be appreciated.

Truist su-ks

Halliburton just lost 80 percent of frac contracts to Gore Nitrogen.
3 frac crews and 1 cement crew walked out at Duncan field camp this morning.

According to this CNBC story, CVX is leading companies like Google and Microsoft in adopting AI. Really?

(https://www.cnbc.com/2026/06/01/nvidia-meta-walmart-among-top-companies-adopting-ai.html?__source=iosappshare%7Ccom.microsoft.msedge.OpenExtension)

First Marcellus, then what?

Rumours sold announcement soon

There were some rumors of more cuts at the start of June, what happened with that?

Heard customers are all talking about UOP being the dead soul. Lipsticks on the pig for those CCUS or sustainable which Trump hates. Like someone on life support

Cracks are starting to appear in the AI will save us so much money narrative.

https://www.businessinsider.com/google-ai-cost-tokens-gemini-flash-openai-anthropic-gemini-search-2026-5

Sorry to the dedicated people of NJ as your leaders let you down. Come join NJ’s #1 tech brand!

https://www.globalbankingandfinance.com/exclusive-ousted-bp-chair-met-activist-shareholder-elliott/

Don't know about you, but AM is growing on me. The company needs someone who is willing to give it a kick up the **.

https://fortune.com/2026/05/29/blue-origin-new-glenn-explosion-nasa-artemis-contract-bezos/

We keep hearing June 15th but are now hearing about other dates things will be announced. Anyone know?

He also referred to BP's plans to lay off 'thousands of people', which has not previously been reported.

Source here:
https://www.dailymail.com/money/markets/article-15854489/Ousted-BP-chair-hits-lies-told-colleagues-hide-anonymity.html?ns_mchannel=rss&ns_campaign=1490&ito=social-twitter_mailonline

Yahoo Sports recently implemented a round of layoffs. These cuts affected several longtime contributors. NFL reporter Charles Robinson was among those let go. Charles McDonald also announced his departure from the company. Yahoo cited strategic goals for these personnel decisions.

https://frontofficesports.com/yahoo-sports-layoffs-charles-robinson-mcdonald/

I've heard every rumor under the sun, and nothing credible yet.

"Because when explaining massive layoffs to your employees, there's nothing like a performance by legendary hip-hop artist Darryl McDaniels of Run-DMC to make it all go down easier."

https://mashable.com/article/wework-adam-neumann-run-dmc-layoffs

Anything else getting hit or is this round just for Optum?

https://kobi5.com/news/top-stories/asante-begins-layoffs-as-ceo-anticipated-308236/

Meaning, has anybody heard anything about layoffs lately?

Here are some of the largest and most prominent companies currently sitting near the bottom of their yearly range:

Yahoo Finance: "Boston Scientific (BSX) and Abbott (ABT) are appearing on recent near-low screens." - OK, we get it. It's bad. Not sure about layoffs tho...

Oracle is preparing to us all off!

DF is responsible

Has anyone heard about the whole eBay harassment/stalking case against Ina and David Steiner? I’m honestly surprised we don’t already have a documentary over stuff from here, especially considering the automotive crossover. The story is completely insane. Executives and leadership allegedly sending creepy packages, surveillance, threats, and harassment over criticism in a newsletter.

I also learned that former eBay CEO Devin Wenig was elected to the board of General Motors in 2018 and remained there even after the stalking scandal became public. Feels like the kind of bizarre corporate story you would expect out of Silicon Valley or Oakland startup culture, not something involving a Fortune 500 company.

Louisiana's initial unemployment claims declined for the week. Claims totaled 1,394 for the period ending May 16. This figure is down from 1,490 the previous week. Continued unemployment claims also decreased to 5,987. However, the four-week moving average rose slightly to 1,398.

Louisiana

https://www.businessreport.com/article/louisiana-sees-initial-jobless-claims-decline-from-previous-week

Wow. It's about time.