#news

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https://apnews.com/article/cbs-news-bari-weiss-01613e8993008e171ecc7fcc1c6b8bda

Something is happening today, is it the bank reorg?

Watch Kramer gush about how incredible IBM is. Then Alvind give him a couple hundred grand and everybody's happy.

NVIDIA's new Vera CPU will be a competitor to AMD EPYC and Intel Xeon CPUs

Read more: https://www.tweaktown.com/news/109904/nvidias-new-vera-cpu-will-be-a-competitor-to-amd-epyc-and-intel-xeon-cpus/index.html

NVIDIA to take on Intel with 8 new Arm laptops

https://www.newsbytesapp.com/news/science/laptops-with-nvidia-processors-are-on-the-way/story

https://www.livenowfox.com/news/2026-layoffs-list-companies-cutting-jobs-year

Prime Video lost its bet on The Rings of Power and now it's repeating the failure with Melania just to score a few political favors with Trump. Then it sacked Jen Salke.

Reports say the new movie about Melania Trump has flopped at the box office. The project cost an estimated $75 million in total—between acquisition and global theatrical rollout—but is tracking at roughly $5 million for its opening weekend with many empty theatres.

Germa producer of acetone cyclohex and others goes into administration.

https://www.phonearena.com/news/verizon-to-be-dropped-from-dow-jones-industrial-average_id177683

Again, AI will be proven to be the largest scam and dupe of C suite mo--ns ever! For something that is supposed to transform humanity and solve all of our problems, it now needs ads? Remember when design thinking was going to solve the worlds problems? - LOL!!!

As of January 2026, OpenAI has begun testing the introduction of advertisements within ChatGPT in the United States. This move marks a significant shift for the company, whose CEO previously states that ads were a "last resort".

https://www.youtube.com/watch?v=USVZuOafIi4

Expedia Group is laying off employees, according to posts online from impacted workers. Program managers and engineers in the Seattle region and other locations are among those affected. The company cut about a fifth of its product team workforce.

https://www.geekwire.com/2026/expedia-group-lays-off-employees-in-latest-cuts-at-seattle-travel-giant/

Source: https://www.trueup.io/layoffs

https://www.wsj.com/business/retail/amazon-to-shut-down-all-amazon-go-and-amazon-fresh-stores-0301dfb7?gaa_at=eafs&gaa_n=AWEtsqfquEh1TB4qzvYRPlZa7r3HdscX59eWl2h1vmO0Jm_YCqxCt3gnPFvQzzXgrd0%3D&gaa_ts=697913dd&gaa_sig=7xZPSrfMvdHlROAjPahmtfvk4dlwe10jIX1WRcVnwwdTnYo7Cm6OvHjgGN78_TIeJKGfp7egIjtqmhcdr-FEMg%3D%3D

Ericsson, T-Mobile, Telefónica Announce Early 2026 Job Cuts

https://www.fierce-network.com/broadband/2026-layoff-tracker

Ericsson announced 1,600 job cuts in Sweden on January 15. This represents a 12% reduction in its home country workforce. T-Mobile also quietly reduced sales positions nationwide, as reported on January 12. Telefónica plans up to 5,000 layoffs, mostly in Spain, by year-end. The company will offer $3 billion in compensation to affected employees.

https://www.costar.com/article/799870821/mall-giant-simon-seeks-to-scrap-two-saks-global-store-leases
https://www.retaildive.com/news/saks-off-5th-online-liquidating-five-years-after-split-brick-and-mortar/810454/
Link to the video: https://www.youtube.com/watch?v=ZajAA1Ip5mg

https://seekingalpha.com/news/4542778-unitedhealth-stock-tumbles-q4-results

https://www.ft.com/content/02bc222e-4a66-4440-adb8-517c3ebdc0c0

https://www.wsj.com/business/earnings/unitedhealth-books-hefty-charges-issues-soft-full-year-revenue-outlook-ef81d948

Minneapolis-based Hennepin Healthcare is making service line changes that will result in the elimination of about 100 positions, citing a broader effort to stabilize its finances and protect core clinical services.

The health system said Jan. 26 it will close or integrate several stand-alone clinics and services, including chiropractic and acupuncture, with patients referred to external providers.

https://www.beckershospitalreview.com/finance/hennepin-to-cut-100-jobs-amid-service-line-restructuring/

Similar to the "voluntary" program at Ubisoft Massive in 2025, Ubi is looking to make cuts without actually imposing layoffs.

https://www.pcgamer.com/gaming-industry/ubisoft-hopes-200-employees-at-its-paris-hq-will-agree-to-quit-so-it-doesnt-have-to-lay-them-off-the-regular-way/

Or- who is done and who is outstanding?

SC re-org starts today. Post what you know below!

Any news?

Anything new on rumors there will be cuts next month?

Lot of chatter among bankers about big M&A coming. Anyone hearing similar?

No layoffs planned for the next 4 months.

Any news?

This is the thing we're not talking about enough. https://www.startribune.com/us-bancorps-ceo-pay-increased-14percent-in-2024/601233686

U.S. Bancorp’s CEO pay increased 14% in 2024
Andrew Cecere realized $15.9 million in total compensation for 2024

Is anyone else hearing January 27 mentioned as a possible date, or is this just isolated chatter?

Well.... we told you so, us ex-sprint folks! Everything Sprint touches gets burned to the ground!

Interesting to see how the Amazon layoffs news spread across 52 different sources over the past few days. You can track the timeline of how this story evolved at https://yandori.io/news-flow/ - shows which outlets broke it first and how it propagated through media.

Not sure about layoffs but here we go...

GSK Acquires Rapt Therapeutics for $2.2 Billion

https://www.fiercepharma.com/pharma/astellas-ceo-bd-plan-takeda-us-layoffs-chugai-chase-name-recognition

The pharma industry saw several significant developments. GSK acquired Rapt Therapeutics for $2.2 billion, primarily for a phase 2 food allergy dr-g. Takeda is laying off 243 U.S. neuroscience employees ahead of Trintellix's patent expiry. Pfizer sold its 11.7% stake in ViiV Healthcare to Shionogi for $1.9 billion. Astellas CEO stated the company will not pursue "rescue BD" despite an upcoming patent cliff. Chugai seeks greater name recognition and external partnerships as part of its long-term strategy.

Moonshot Games Reduces Staff to Support Wildgate

https://xboxera.com/2026/01/23/moonshot-games-developers-of-wildgate-confirm-layoffs/

Moonshot Games confirmed employee layoffs to media outlets. This decision aims to continue supporting their game, Wildgate. The parent company, Dreamhaven, released a statement regarding the changes. Wildgate's recent Epic Games Store launch did not sustain the entire development team size. The studio plans future content updates for the game, including a progression system.

Nuff said...and yes layoffs are continuing...

Got the news 3hrs ago!!

👀

https://uk.finance.yahoo.com/news/citigroup-extends-global-workforce-reductions-170010907.html

It seems like the beginning of a trainwreck.

Coming next week.

Any explanations on why the Stocks are going down ?

https://www.reuters.com/world/citigroup-lay-off-more-employees-march-sources-say-2026-01-23/