#news

When headlines like this appear in the Detroit newspapers, written from Ford press releases by lazy “reporters,” two things are imminent: bad earnings reports and layoffs.

https://timesofindia.indiatimes.com/world/us/third-world-aliens-are-coming-through-h1b-visas-texas-activist-targets-hindu-temple-in-viral-post/amp_articleshow/128351350.cms

https://thefederal.com/category/business/us-senator-eric-schmitt-hyderabad-visa-temple-h1b1-critique-243194

seems like this could be the biggest thing happening to this company.

anyone has seen any sign to confirm what the news reported?

Any confirmed layoffs in Poland yet? Or any rumours what will happen?

This should only make Oracle stock dive more, OpenAI is being sued for hardware technology theft.

https://www.cnbc.com/2026/07/10/apple-openai-lawsuit-trade-secrets.html

I see many posts here related to different locations. Any one in dublin ?

On LTL they said something about a big AI announcement coming in September. Anyone know what it could be?

I feel like this is another big hype up and not much will go down 7/16. There’s not many people with reliable intel and it’s less than a week out? I call BS

To deconvert!

https://kstackpod.substack.com/p/the-real-fiserv-fight-isnt-early

Seems like so many comments about rumors on multiple threads about the recent layoffs but no real confirmation from actual groups or teams hit. News reports mentioning thousands are their way out the door in 2026 so we should be hearing of more that have happened this time.

Are there any layoff going to happen in year 2026?

What happened to the Trump loco? It’s like it has disappeared. Not at any celebrations for the 250th. Not really any coverage about it. Seems odd after all that was done to get this thing made. No mention of it by The White House or Trump himself, and you would have thought he would have been slobbering all over that, narcs love it when things are dedicated to them.

Anybody hearing info on upcoming large outsourcing deal in the works? (Similar to Infosys and HCL deals in recent history, but larger)

https://www.foxnews.com/politics/fury-erupts-us-brand-fires-1600-employees-after-securing-thousands-foreign-worker-visas The same is true for Dell too?

What should we know? ...See full article: https://www.linkedin.com/posts/bryanclagett_fintech-payments-creditunions-share-7480737705392287744-i6sg/?utm_source=share&utm_medium=member_desktop&rcm=ACoAAACq7UQBsrEhzsmtOcUrxPw12id8cFohgfI

They are being investigated for US H1B Visa fraud?
It is in the news.

https://www.lightreading.com/business-management/t-mobile-hires-former-at-t-exec-chris-sambar-for-b2b-push

https://www.cnbc.com/2026/07/09/pepsico-pep-q2-2026-earnings.html

Rogers Sports & Media has closed six radio stations across Canada. This decision resulted in the layoff of 230 employees. The company cited declining advertising revenue and shifting audience habits as reasons for the closures. Rogers will continue to operate 44 other radio stations nationwide. Affected employees shared their shock and gratitude online.

Vancouver, Calgary, Halifax, Kitchener

https://dailyhive.com/canada/rogers-closure-layoff-staff

https://thehill.com/homenews/administration/5959880-vance-h1b-visa-fraud-wisconsin-speech/

https://www.hr-brew.com/stories/oracles-layoffs-spend-to-make-money

This seems like a small round, but you can never tell with the size of the company.

A proposed US bill aimed at preserving access to premium online games has failed to pass a senate vote. The Protect Our Games Act, championed by California Assemblyman Chris Ward, had previously cleared the state assembly. Consumer advocacy group Stop Ki-ling Games plans to re-strategize and seek further funding for future efforts. This outcome represents a setback for players advocating for continued access to digital titles. The campaign intends to pursue legislative action again.

United States

https://www.thegamebusiness.com/p/publishers-score-us-victory-against

https://www.cnbc.com/2026/07/08/att-could-sink-as-starlink-use-soars-wells-fargo-says.html

Wells Fargo initiated coverage of AT&T with an underweight rating and set an $18 price target, implying nearly 15% downside from Tuesday's close.
In a note to clients, analyst Steven Cahall says Starlink is a near-term gainer in broadband relative to fixed wireless access and a longer-term disruptor to wireless. He says competition is likely to be fierce outside AT&T's fiber footprint, while the company's weaker market share footholds outside wireline areas leave its wireless net additions most at risk.

Cahall also says AT&T is less likely than rivals to strike a mobile virtual network operator partnership with Starlink. That leaves the company needing stronger execution in fiber and convergence to create upside for the stock, in his view.

Any news?

Looks like Hudson was saved for now. Maybe they can't find a buyer yet. Mt Top has been sold.

Anyone know of changes happening this month?

https://www.reuters.com/business/finance/big-us-banks-explore-fiserv-network-deal-wsj-reports-2026-07-06/

Just heard of several people in support and professional services getting whacked today. Bloody Monday

www.wsj.com/tech/ai/ai-workers-tech-ceos-job-losses-afc71e15

It flopped that quickly.

Today I got an email of a mandatory meeting, there is a new partnership for customer service, and if you check the news it's Hexaware, which is a company that is known for replacing staff for AI. I'm not surprised due to hiring issues but makes sense why no one has been replaced yet.

Any news?

It's happening soon right

https://www.inc.com/amaya-nichole/nike-closing-stores-studios-offices-complete-list-for-2026/91367969

Someone has gotta pick up this news event.

Any news about cuts before the end of the month?

https://www.linkedin.com/pulse/leaked-tape-shattered-silicon-valleys-ai-illusion-jean-pierre-mugenga-fil9e?

PitchBook provides a worldwide list of unicorn businesses. These are privately held enterprises worth over one billion dollars. The tracker covers firms founded from 2016 onward. On February 2, 2026, 1,590 active unicorns were identified globally. The United States holds the majority with 853 companies.

https://pitchbook.com/news/articles/unicorn-startups-list-trends

“Transforming the health of the communities we serve, one person at a time.”

If the Northwell/Fidelis dispute isn’t resolved, that’s certainly one way to transform a community of up to 240,000 members.

“We do what’s right, not what’s easy.”
“We measure success by the trust we build.”

I’m sure Northwell is overflowing with trust right now. Transforming the heck out of that community. 😳

https://www.beckerspayer.com/contracting/northwell-fidelis-face-network-split-affecting-240000/

H1bs applications skyrocketed in 2026 https://www.newsweek.com/h-1b-visas-skyrocket-despite-trump-admin-crackdown-12154338