#news

Some of us go to work with the hopes that Intel will get a lucky break and things will stabilize. Some of my coworkers are great to work with, and I've worked for some great managers. We were starting to see a glimpse of light at the end of the tunnel and the light had now gone out again. I'm thinking that HR will let lay me off this year, as I now fall within the rule of 75.

Nvidia enters the data center CPU space to compete with Intel and AMD.
https://finance.yahoo.com/news/nvidia-is-moving-in-on-intel-and-amds-home-turf-191711635.html

Meta partners with Nvidia; moving to Arm-based CPUs.
https://www.marketwatch.com/story/why-nvidias-deal-with-meta-is-an-intel-ki-ler-according-to-this-analyst-a531f80d

Intel Foundry Manager walks off Intel's sinking foundry ship to join Qualcomm.
https://www.techpowerup.com/346814/intel-foundry-manager-kevin-obuckley-departs-for-qualcomm

China Is Flexing Its Rare Earth Muscle
https://www.tipranks.com/news/china-is-flexing-its-rare-earth-muscle-as-ge-intel-and-nvidia-face-supply-risk

Nova Lake delayed until 2027.
https://www.tweaktown.com/news/110235/intels-next-gen-nova-lake-s-desktop-cpus-reportedly-delayed-until-ces-2027-it-seems/index.html

https://www.linkedin.com/posts/kyriasoglou_sap-rolled-out-a-new-system-for-stock-based-activity-7433044158757584896-8ztd?utm_source=share&utm_me

or direct link to article (behind Bloomberg's paywall)

https://www.bloomberg.com/news/articles/2026-02-27/sap-s-new-bonus-system-ended-up-rewarding-underperforming-bosses?embedded-checkout=true

Well here come more layoffs! Anyone have details about Service?

Or are we enjoying a well-deserved break right now?

Been quiet in the UK so far, anyone know anything?

https://www.charlotteobserver.com/news/business/article314733473.html

Anyone heard of layoffs coming this quarter? It was this time last year when we had the last big round so fingers crossed it isn't happening this year on the same scale.

It’s getting to be that time again. I’ve been hearing rumblings about layoffs coming next month… any news?

Should we expect more layoffs? Has anyone heard anything?

https://www.jchs.harvard.edu/press-releases/remodeling-growth-set-downshift-late-2026

More decline ,in what matters for home improvement .Lowe's can sell t shirts ,candy and adult novelties .It is not their core business ,which Mr M has abandoned .

On Saturday morning, Philip Lewis of HuffPost reported that Boardroom, the media venture founded by NBA star Kevin Durant and agent Rich Klieman in 2019, “has eliminated its full editorial team.” Lewis noted that the staff layoffs were “unexpected.”

https://awfulannouncing.com/nba/kevin-durant-boardroom-statement-staff-layoffs.html

Still reeling from closure of the Anheuser-Busch factory, Fairfield got more bad news recently with an announcement by Ferrara Candy Company that it would be laying off workers at its Fairfield Jelly Belly facilities in the coming year.

https://www.thereporter.com/2026/02/21/jelly-belly-plans-fairfield-layoffs/

After NASA’s current review of the crew capsule space incident, Boeing is done, but is too Arrogant to admit it.

Bloomberg, 2 weeks ago. Qualcomm needs to change.

https://www.youtube.com/watch?v=wdFc2rJb6h8

Yes, that's the message

That's the EPS

At least ten high ranking positions suddenly eliminated from Generac Power Systems in Pewaukee, WI ( www.generac.com ) in a cost saving effort leading to reorganizing of the remote monitoring teams.

Generac CEO Aaron Jagdfelt interview in the news from earlier:
https://www.youtube.com/watch?v=xQ4KugBjyfA

https://uk.finance.yahoo.com/news/citi-trims-china-leans-u-135008357.html

https://www.beckershospitalreview.com/finance/former-optum-director-found-guilty-in-1-2m-fraud-scheme-against-company/

I believe with that officially on some the locals we’re gonna have something released to us soon .Unsure if it’s good or bad but one things for sure I think the retirement medical people that are out there with the increases are in trouble that’s one subject I don’t think company is gonna move too much we will see but search around you will find some locals actually putting a few things out

DF's buddy who owns Lattitude, is taking over connected vehicle's development. People bailing right and left.

https://kstp.com/kstp-news/local-news/man-found-guilty-of-defrauding-optum-of-over-1-million/

Anyone hear any news or updates?

Breakthru Beverage Group has undergone a “strategic review” of the company’s “overall business,” according to a memo sent to employees by CEO Tom Bené on Tuesday, leading to layoffs of approximately 500 people, sources confirmed to Brewbound.

https://www.brewbound.com/news/breakthru-beverage-lays-off-500-workers-amid-industry-shakeup

New Gold is laying off 85 employees. These layoffs are at the New Afton gold and copper mine. The C-Zone block cave project is mostly complete. The company states these job cuts are part of the project cycle. New Gold expects production growth at the mine for three years.

https://cfjctoday.com/2026/02/17/new-gold-laying-off-85-employees-at-new-afton-mine/

Garlock Flexibles will close two sites. These facilities are located in Massachusetts. Nearly 100 employees will lose their jobs. The company is a flexible packaging firm. Layoffs are scheduled to begin in late April.

https://www.plasticsnews.com/end-markets/packaging/pn-garlock-flexibles-closing-layoffs/

Its been a while since we came here but we are back. So ladies and gentlemen, what is the news?

Any news of layoffs within ECS tomorrow?

What’s up with onsemi selling machines , does it mean anything?

Main Street Sports Group announced the closure of its Minneapolis operations. This action will result in approximately 20 employee layoffs. The layoffs are scheduled to take effect starting April 14. FanDuel Sports Network North broadcasts Timberwolves, Lynx, and Wild games. The CEO stated that NBA and NHL broadcasts will continue as planned.

https://kstp.com/kstp-news/local-news/owner-of-fanduel-sports-network-announces-layoffs-in-minnesota/

I like how the news 9 article said nobody had been let go yet…

https://x.com/TheLayoff/status/2023851970017325106

it's trending...

I keep hearing that Archwell is going to buy the clinics in Florida? So there won't be anymore wellmed or optum clinics. Has anyone heard anything???

Something big is to happen in PI ?