#news

Solgen Power LLC, which merged with Oregon-based Purelight Power, is laying off 104 workers in Washington effective Jan. 13., according to a notice filed Friday with the state Employment Security Department, as required by the federal Worker Adjustment and Retraining Notification Act, or WARN Act.

https://www.tri-cityherald.com/news/business/article312925080.html

https://www.oregonlive.com/silicon-forest/2025/11/intel-lays-off-669-more-oregon-workers-as-local-headcount-dwindles.html

Tis the season

https://healthpoint.com/technology/why-is-unitedhealthcare-cutting-remote-monitoring-coverage/

During last 20 years- since 2005, the usa has lost more than one third of its newspapers & three quarters of its newspaper journalism jobs

Unknown number of employees

https://nypost.com/2025/11/14/business/ousted-verizon-boss-could-still-pocket-most-of-20m-salary-as-company-cuts-15000-jobs-report/

By being special advisor for a year, Hans will still get his $20m bonus

Seems Alaska wasn’t hit as hard as other places.

https://techrights.org/n/2025/11/15/Many_IBM_Workers_to_Become_Unemployed_a_Few_Weeks_Maybe_Just_Da.shtml

What is with the Tesco lawsuit? Seem Samsung as well?

https://cloudinfra.blog/how-broadcoms-takeover-of-vmware-sparked-lawsuits-patch-access-fights-and-a-licensing-backlash/

https://www.nytimes.com/2025/11/13/business/luxury-electric-vehicles.html

EVs are not for America, maybe by 2030.

It's the best decision for all of these companies to stop producing EV trucks that people don't want, can't afford, and not efficient. I will buy EV if it can give me over 650 miles range.

I recently found out that Hughes doesn’t actually own the Jupiter-3 satellite, it’s leased from EchoStar, and Hughes pays about $190 million per year for that lease.

I also learned that the SpaceX–EchoStar spectrum deal includes a clause requiring EchoStar/Hughes to refer new customers to Starlink. Essentially, if someone wants satellite internet, EchoStar will direct them to SpaceX’s Starlink service . Bonkers 🤯

https://finance.yahoo.com/news/verizon-layoffs-add-to-mounting-toll-across-large-companies-165130821.html

You hear it first here. Ready for your last Christmas meal, coffees and bananas.

The AI bubble is bursting, the so called AI factories are doomed. Yann LeCun left Meta tired with the shennanigans of Zuck and his honchos.. Nothing good on the horizon for Dell either..

DXC's Jennifer Ragone Recognized with the 2025 N2Growth Leaders40 Top CHRO Award.

Exciting times. Way to go.

https://youtu.be/OKgurZ0CRDE

President Donald Trump said he was “very much opposed” to last month’s controversial immigration raid at a Hyundai plant in Georgia, while South Korean President Lee Jae Myung warned the incident may hinder future U.S. factory construction.

Following urgent negotiations, the workers were returned to South Korea on a chartered flight. The operation, however, leaves the plant with a startup delay of two to three months. The setback comes as Seoul already faces 25% U.S. tariffs on automobiles, compared to 15% for Japanese and European competitors.

In a recent interview with Bloomberg, Lee said the treatment of the workers came as a surprise: “Many in Korea were surprised because our workers who went to the United States to help the U.S. with its manufacturing renaissance received irrational treatment.” He also characterized the experience as traumatic for both workers and their families, noting some that some no longer want to go back. “Unless we completely resolve this issue, I believe that they will not want to return,” he said.

https://www.nytimes.com/2025/11/14/business/bill-pulte-mobile-homes-fhfa.html

https://www.intelligentinsurer.com/john-neal-wont-be-president-of-aig-after-all

For the curious former employees, what happened? Who got laid off?

https://www.lawyerly.com.au/nielsen-exec-claims-unfair-dismissal-after-husbands-axing-cant-get-job-back/

https://www.msn.com/en-us/news/us/u-s-faith-levels-plummet-to-lowest-on-record/ar-AA1QmptN?ocid=msedgntp&pc=HCTS&cvid=69169f190dbe4ccea004eff2c2910b09&ei=24

Whatever happened to make America great again??? 15k Vzw coworkers lives will change come next week. Corporate America greed wins again. I’m here refreshing this website to see if anything new comes up. I’m paranoid , I can’t sleep , what happened to the big tax break these corporations got from trump ?? That’s still not enough ???

Walgreens hourly workers set to suffer pay loss: report - Newsweek https://www.newsweek.com/walgreens-cut-paid-holiday-hourly-workers-christmas-thanksgiving-11040090

In stock value in just three weeks, what’s going on in round rock

https://www.reuters.com/business/verizon-cut-about-15000-jobs-wsj-reports-2025-11-13/

Uh oh...

So many new unnecessary threads. Impossible to read them all. We went from 1 or 2 a day to 10 an hour. This is ridiculous!!!!!

Why is the stock sinking today? Are there any major negative news? Are we in danger?

Synopsys to Cut 10 percent of Workforce, Close Sites in Restructuring
Source WSJ
Summary Synopsys will eliminate about 10 percent of its workforce and close some sites after its Ansys acquisition. Most reductions land in fiscal 2026 with completion expected in 2027.
URL https://www.wsj.com/business/synopsys-to-cut-10-of-workforce-close-sites-in-restructuring-b4d735f3

Silicon Valley tech giant cutting up to 2,800 jobs after 35B merger
Source SF Chronicle
Summary Synopsys plans up to 2,800 layoffs as part of a restructuring tied to its 35 billion dollar Ansys merger. The firm expects 300 million to 350 million dollars in pretax charges and aims to finish by fiscal 2027.
URL https://www.sfchronicle.com/tech/article/synopsys-layoffs-ansys-acquisition-21169869.php

Synopsys plans 10 percent job cuts after Ansys deal closure
Source Reuters
Summary Synopsys will cut about 2,000 jobs after closing its 35 billion dollar Ansys acquisition and missing revenue expectations. It expects 300 million to 350 million dollars in restructuring charges with most reductions in fiscal 2026.
URL https://www.reuters.com/business/world-at-work/synopsys-cut-about-10-its-workforce-2025-11-12/

Bay Area tech company Synopsys to lay off more than 2,000 workers
Source SFGate
Summary Synopsys will lay off over 2,000 employees during fiscal 2026 with WARN filings showing early cuts in California. The move follows the Ansys acquisition as resources shift to higher growth segments.
URL https://www.sfgate.com/tech/article/synopsys-layoff-more-2000-workers-21169492.php

Another major tech company just announced thousands of layoffs
Source Gizmodo
Summary Synopsys is preparing about 2,000 layoffs tied to its Ansys acquisition and broader restructuring. Most cuts will occur in fiscal 2026 with completion targeted for 2027.
URL https://gizmodo.com/another-major-tech-company-just-announced-thousands-of-layoffs-2000685222

Synopsys to cut about 10 percent of workforce in major restructuring
Source Yahoo Finance
Summary Synopsys will remove about 2,000 jobs after its 35 billion dollar Ansys deal and a recent revenue miss. The firm expects 300 million to 350 million dollars in pretax charges largely related to severance and site closures.
URL https://finance.yahoo.com/news/synopsys-cut-10-workforce-major-143726076.html

Synopsys to cut 2,000 jobs after 35B Ansys deal
Source Benzinga
Summary Synopsys will cut roughly 2,000 positions to redirect resources toward faster growing areas after the Ansys deal. The move follows several disappointing quarters and will carry significant restructuring costs.
URL https://www.benzinga.com/markets/tech/25/11/48810282/synopsys-to-cut-2000-jobs-after-35-billion-ansys-deal-shifts-focus-to-faster-growing-businesses

2,800 employees face layoffs as tech giant cuts 10 percent of workforce
Source MassLive
Summary Synopsys will eliminate about 2,800 jobs after integrating Ansys in a 35 billion dollar merger. Layoffs will occur mainly in fiscal 2026 with some already underway in California.
URL https://www.masslive.com/news/2025/11/2800-employees-face-layoffs-as-tech-giant-cuts-10-of-workforce-after-35b-merger.html

Synopsys to eliminate 10 percent of staff following Ansys integration
Source Computerworld
Summary Synopsys will cut up to 2,800 positions as it unifies chip design and simulation capabilities post Ansys acquisition. Analysts describe the move as strategic to accelerate synergy capture and strengthen competitiveness.
URL https://www.computerworld.com/article/4089177/synopsys-to-eliminate-10-of-staff-following-ansys-integration.html

Synopsys to lay off 10 percent of workforce
Source Businessworld
Summary Synopsys will remove about 2,000 jobs to streamline operations and refocus investments following the Ansys acquisition. It expects 300 million to 350 million dollars in restructuring costs through fiscal 2027.
URL https://www.businessworld.in/article/synopsys-to-lay-off-10-of-workforce-579532

https://www.wsj.com/business/telecom/verizon-to-cut-about-15-000-jobs-87280c3c?st=wEAoYL&reflink=article_copyURL_share

https://www.reuters.com/business/verizon-cut-about-15000-jobs-wsj-reports-2025-11-13/

https://www.wsj.com/business/telecom/verizon-to-cut-about-15-000-jobs-87280c3c?gaa_at=eafs&gaa_n=AWEtsqfwwzzGQNSjf0iTTRQ56zZ3hH423LmR2obghM3lJxDmwnKWn-zDeFAwFT9Kzlw%3D&gaa_ts=691622e7&gaa_sig=yRd7CDEKqfopJo7htngX-i8UXriFKDO6GYSMCuamHROphJYQhpOw8di_q5K05JgjulSJbciduA9AaLJ_qpKSqQ%3D%3D

https://www.thelayoff.com/synopsys

or if linked: /synopsys

We are #1 layoff-er today:

https://x.com/TheLayoff/status/1989030202857714022?s=20

Hearing Splunk and other Cisco layoffs today. Anyone else?

Love the title

Pay for poor leadership decision
https://www.dailymail.co.uk/yourmoney/article-15288451/amp/verizon-job-cuts-customer-losses.html

Verizon shares rose about 1.7% on the news.
Thousands upon thousands of people are about to lose their livelihoods, and investors are rubbing their greedy little hands together, rejoicing at the news. Really tells you something about the state of the world we live in.

Centene's FL Medicaid contract taken up by Molina.

It already hit the Street and ghasp Yahoo

https://ca.investing.com/news/stock-market-news/verizon-to-cut-15000-jobs-amid-growing-competition-pressures--wsj-93CH-4315096