#news

How much did we lose on that deal?

Any updates on Shell buying LLOG, what will happen to the people working offshore on the platform?

PepsiCo is reportedly preparing for job cuts, with layoffs potentially announced as soon as this week. A key indicator is the company's instruction for employees in some major North American offices, including its headquarters, to work from home. These potential changes follow a memorandum from PepsiCo outlining initiatives to enhance shareholder value, focusing on organic revenue growth, productivity savings, and improved operating margins. These strategic shifts are widely interpreted as a response to activist investor Elliott Investment Management's demands for cost reduction and operational efficiencies. While no official layoffs have been announced, PepsiCo executives have used the term "right-sizing the workforce," which often refers to job eliminations.

https://www.inc.com/fast-company-2/pepsi-layoffs-job-cuts-pepsico-right-size-workforce/91279159

Ford’s $19.5 Billion write-down marks the largest impairment taken by a company in Detroit’s history!

Bill and Farley should be getting an award!

7.8 million people out of work.

Per CNN article.

Let that sink in.

Is it true?

This is what I've heard

Barely 3 years ago, will history repeat itself for CE1? Hmm

https://www.cleantrucking.com/battery-electric/article/15353055/ford-ceo-dubs-their-next-electric-truck-millennium-falcon-as-construction-of-mega-ev-factory-continues

Ford plans to hire 2,100 employees for the new iteration of the Glendale plant, and a company spokesperson said Monday that all those laid off will have the "opportunity to apply" for those new jobs.

https://www.wdrb.com/news/business/ford-will-lay-off-all-1-600-kentucky-battery-plant-employees-as-it-pivots-away/article_32ef2a58-eb9d-4bf4-820d-c2417b6793ea.html

It is with a heavy heart that I post the waiver approval pushed by the AAR....It is unfortunate that those who currently sit in charge of official agencies make it no less than a perfect storm for the railroads to get what they want. I do not yet know the current status for the waivers for signal inspections, but they are sure to get approved as well.

Geometry cars are already being set aside, and some track inspectors are to be impacted slowly until %'s are satisfied.

This will be the topic today.

Merry Christmas!

“The acquisition of Armis marks a clear entry by ServiceNow into cybersecurity”

https://www.calcalistech.com/ctechnews/article/qagxm0z4y

Bloomington hit today!

Am I reading it right, Athina is a CEO now !!

Any news on transfer partners? Is this card coming back on market after the reward restructure?

Cisco Having Cramer’s Blessing should say it all…enjoy!

https://finance.yahoo.com/news/jim-cramer-cisco-company-heart-153450841.html

https://www.reuters.com/world/us/us-invalidates-union-contract-covering-47000-tsa-officers-2025-12-12/

Chatter about a big announcement. Anyone got any deets?

Aldevron is laying off employees again this year, reducing its workforce by roughly 7%, mostly at its Fargo sites.

https://www.inforum.com/business/aldevron-announces-additional-layoffs

And this is not going to help. Apparently, these people are not aware that many police departments don’t even respond to vehicle thefts, you are told to come into the police department to make a report. Sounds like desperation to appear like there is a subscription product there, The News didn’t even put it behind the paywall:

https://www.detroitnews.com/story/business/autos/ford/2025/12/12/ford-uses-tech-cooperation-with-police-to-thwart-f-150-pickup-thieves/87732049007/

Well, 2025 is almost over. It's time to revisit the 2025 predictions and make new ones for 2026.

I don't really know which rule the predictions thread violated, but the original 2025 Predictions thread disappeared after being up for a really long time. Not sure what happened there. Someone partially resurrected it here: https://www.thelayoff.com/t/1k38aeyac

So, weigh in on which predictions were right, and make some new predictions for 2026.

http://techrights.org/n/2025/12/12/IBM_Layoffs_in_Europe_as_Well.shtml

Just curious. Hears we are moving to new Region

Watch the link below titled "Why Companies Are LYING About Mass Layoffs":

https://www.youtube.com/watch?v=VEA7vQKJ8aQ

https://www.tipranks.com/news/the-fly/intel-ceos-multiple-jobs-investments-raise-concerns-ny-times-reports-thefly#google_vignette

Mission accomplished, another quarter and another dividend for shareholders.

https://finance.yahoo.com/news/verizon-communications-inc-vz-announces-123254918.html

Meanwhile, KO's CEO to step down:
https://www.fooddive.com/news/coca-cola-chief-james-quincy-exits-after-9-years/807630/

https://news.bloomberglaw.com/health-law-and-business/medicaid-firm-struggles-to-block-patient-data-from-india-workers

"Microsoft announces $17.5 billion investment in India after laying off thousands of Americans in 2025"

https://www.msn.com/en-us/money/other/microsoft-announces-17-5-billion-investment-in-india-after-laying-off-thousands-of-americans-in-2025/ar-AA1S6We2?ocid=entnewsntp&pc=U531&cvid=eac23231c5ae4276c2dfc9a72dc23e82&ei=14

Yes

Who’s bringing the popcorn?! Any thoughts on what will be announced / shared?

https://www.reuters.com/business/autos-transportation/south-koreas-sk-ford-motor-end-us-battery-joint-venture-2025-12-11/

https://www.msn.com/en-us/money/companies/kroger-s-biggest-pricing-scandal-erupts-as-ftc-heat-puts-24-6b-future-at-risk/ss-AA1S5rcc#image=1

https://www.cincinnati.com/story/grocery/shopping/2025/12/10/interim-kroger-ceo-buys-boston-home-for-11-5m-report-says/87709886007/

Any RIFs or reorgs today?

That is all Stankey is doing