#profit

They're milking the company for quick profits while it lasts. Layoffs boost stock prices and pad bonuses, even if they hollow out the company for the future. They're not clueless. They just don't care what happens after they cash out.

The company will cut you without a hint of hesitation, they've done it before and they'll do it again. Profits come first, people come second. The younger workers aren't wrong to take what they can and move on. They learned what took some of us decades to accept.

https://pluang.com/en/compare/otex-vs-wm

Wescom Financial Credit Union reported its strongest quarterly earnings in over three years during the second quarter. This financial improvement followed a reduction in its workforce, which impacted 72 employees in Southern California. While employee expenses decreased, this was only one of several factors contributing to the earnings growth. Non-employee operating expenses also fell, and net revenue saw an increase. The credit union's return on assets (ROA) significantly improved compared to previous quarters.

https://www.cutimes.com/2026/08/13/wescom-financials-q2-earnings-rise-after-layoffs/

Nothing else. Just good old greed. When will they figure out that if you put profit above everything, you destroy the company? Then there's no profit for anybody.

When are they supposed to have the ratings in? Wondering how long I need to just slightly above bare minimum. I can’t give any extra energy to this place for the next X days until bonus and profit sharing pays out.

Word is layoffs are coming in the 4th quarter. I guess making records profits is just not enough.

I’m in a research group. My research was fully funded for the last three years and deviated in a direction from my normal work. I did this because (1) it was requested of me by my manager and others in my unit and (2) too much friction with another person in my group, who is a subject matter expert in the same stuff that I am. I thought breaking out from under him was a good idea, but after Leadership changes, Chevron completely undercut the R&D program that I developed and was half way through delivering on. I led development of a joint industry project with other big operators in the industry among many other things, and Chevron just pulled the plug this year, letting the other operators take over. This leaves me reeling trying to get back into the field that I was in three years ago. Over the last three years, several people have positioned themselves to take over my workflows and be the owners. Now, my own manager won’t support me when I tell them these are my workflows, and these other people are not authorized to take over them as their owners.

What is astounding to me is how pathetic and short-sighted Leadership is at this company. The people who have the real power never stay at their position for longer than three years. This means we are in a random walk strategically. There are some exceptions, and some of these exceptions have transitioned out or are transitioning out, but most leaders are so pathetically incompetent when it comes to standing up for their own, understanding important technicals, or doing what’s right. The technical leadership program is an absolute disaster—there is no hope in sight. The leaders of that have failed miserably in my view.

I want to give a shout out to a recent manager that’s transitioned to CNE as well as two other team leads over there. You are selfish je-ks. I’m a true believer in karma, and it will come around to you. I look forward to reading the news that CNE is spun off from Chevron. It will make our profit margin higher.

Sturm, Ruger & Co. achieved nearly $7 million in net income for the second quarter, a significant improvement from a loss in the same period last year. This financial turnaround was driven by increased firearm demand and enhanced production efficiency. The company also implemented a new "Ruger Business System" initiative to standardize operations and align employees with strategic goals. Ruger incurred severance expenses related to past job reductions, but these were lower than in the previous quarter. Additionally, the company reached an agreement with its largest investor, Beretta Holding SA, allowing Beretta to increase its stake while imposing a standstill on further ownership growth.

Mayodan, North Carolina

https://www.unionleader.com/news/business/uptick-in-demand-boosts-ruger-to-7-million-in-net-income-after-90-layoffs-in/article_bb92434d-965e-4975-b1f2-49e9154bf38d.amp.html

Good profit numbers but the scorecard does not reflect the same.

Uptick in demand boosts Ruger to $7 million in net income after 90 layoffs in Newport

https://www.unionleader.com/news/business/uptick-in-demand-boosts-ruger-to-7-million-in-net-income-after-90-layoffs-in/article_bb92434d-965e-4975-b1f2-49e9154bf38d.amp.html

It will be a bloodbath

How come?

Rising fuel costs and global instability are impacting major airlines. Southwest Airlines is considering further job cuts as a potential measure. Meanwhile, American Airlines reported a significant 88% decrease in its quarterly profit. This decline occurred even as American achieved record revenue figures. Both companies are navigating a challenging economic environment.

Dallas, Texas

https://www.bizjournals.com/dallas/news/2026/07/23/american-southwest-airlines-fuel-cost-earnings.html

As per WSJ, revenue is down and profit falls

Positive that we added new subscribers. I think they are not very profitable subscribers.

https://www.wsj.com/business/earnings/verizon-revenue-ticks-down-profit-falls-on-joint-venture-costs-01726dbf

Profits down? Lay off the workers. Profits up? Lay off the workers anyway to show even better numbers. There's no scenario where we come out ahead. No matter what happens, we're the ones who get sacrificed. It makes you wonder if there's any situation where the rank and file aren't the first to go.

Dell was at record highs in the markets, nothing from this performance was ever shared w the employees. Dell is about to be cut in half can you imagine what this company is going to do to you now

If we make the product just a little worse, profits will increase by 3.9%.

Rinse and repeat, every time a new exec takes reigns.

With time, all your products are sh-t.

Rivian laid off hundreds of workers this week. This action affected less than 2% of its total workforce. The cuts were concentrated in service and customer-facing teams. These layoffs occurred just one week after the R2 SUV began deliveries. The company stated it is restructuring to profitably scale its business.

https://electrek.co/2026/06/16/rivian-layoffs-r2-launch-profitability/

As in, don't fire the people who are doing their jobs well. VZ has record profits, but it makes bad decisions at the top creating lots of debt.

I'm sorry but how can a company brag on how profitable they are and do nothing for their employees but give them headaches with constant restructures and change indirection including incompetent management.
Tom Wilson touts inventors winning $5,000. What does that mean for the other employees? What a joke! This is not motivating. Been with the company over 15 years so sad to see the decline.

Apache is producing more oil with the least amount of people in its history. What’s next for Apache? Any more consolidation or reverse mergers? BTW Repsol bailed from its reverse merger but it could have capitalized a 15 dollar a share profit and also had 4 Billion in Abandonment liability

All anybody cares about here is making more money for those on top. We're not even an afterthought.

Market Shift: From Crude to Lithium

ExxonMobil is officially turning the legendary Smackover Formation into a lithium engine. With a 2027 start date, the project is expected to generate $27M in annual profit by processing 165,000 barrels of brine daily.

Source: https://lnkd.in/gitnnp6k

@OP+1kr26x6x5

https://hr.economictimes.indiatimes.com/news/industry/kyndryl-plans-job-cuts-forecasts-pretax-profit-below-estimates/130876556

Dumping sh---y products on over the market.
Brought back stuffs from trash to SELL

Hurry hurry hurry … BUY ALL YOU CAN the ShitTel stocks like there is no tomorrow

https://www.msn.com/en-us/news/other/intel-turns-scrap-chips-into-profit-amid-ai-driIntel turns scrap chips into profit amid AI-driven CPU shortageven-cpu-shortage/gm-GM52F9850A

https://wccftech.com/intel-selling-cpu-dies-it-used-to-throw-in-the-trash-ai-demand-turns-scrap-into-profts/

https://www.tomsharIntel reportedly says it boosted yields by selling what would normally be 'scrap' or 'low-expectation' CPUs — customers more willing to accept lesser chips due to overwhelming CPU demand | Tom's Hardwaredware.com/pc-components/cpus/intel-reportedly-says-it-boosted-yields-by-selling-what-would-normally-be-scrap-or-low-expectation-cpus-customers-more-willing-to-accept-lesser-chips-due-to-overwhelming-cpu-demand

The worst thing to happen to Bnsf railway was , " Berkshit Hathaway". Trading peoples livelihoods for profits. No different than when they were burning people out of their homes back in the day to lay tracks !!!

The comedian Joe Fenti has some great videos on LinkedIn that sound all too familiar. I am laughing as I die inside.

https://www.linkedin.com/posts/joe-fenti-362b232a0_way-to-raise-the-bar-deloitte-nice-activity-7453130676020695040-IzmT

what’s maryann talkin bout?? we’re making massive profits off of the war, i’d assume the company would be flush with cash. any layoffs or reorgs coming?

Nike's profit will skyrocket, Guaranteed! Replace all decision makers with a chatbot. No more consultants or consulting companies. Distribute profits to workers and investors.

Intel shares going to 70s-80s. Who going to take profit when the insider trading open ?

Does anybody else feel like Suncor has absolutely fu--ing destroyed the company it puts profit over safety and it just absolutely taken the soul out of the company

Now that the Tariff refund portal is open for the as-deemed unconstitutional, "Liberation Day / Reciprocal Tariffs" from a year ago, Canon USA will be fully eligible for likely hundreds of millions in refunds for all the imports from Japan. We know those refunds won't go to the end users (because only Costco is apparently doing that). But the question is, will the employees see any of that? Or will it all just go into Canon coffers as backdated profits to make the shareholders happy?

Sadly, I think we know the answer...

Watch how a company makes money. If they're healthy, they invest, they grow, they expand. Profits come from doing more. If they're sick, they cut. They restructure, they lay off, they squeeze. Profits come from doing less with fewer people. That tells you everything about where AT&T really stands.

Tomorrow Weatherford will release the Q1 earnings. It’s going to show a strong profitable outcome. Due to the fact they laid off a bunch of people they saved money so it’s profitable. Let’s see what more lies gurish holds for us.

Has anyone noticed that this business excellence BS is just another flavor of the month initiative that literally teaches us nothing new. Old concepts that have been around for an eternity such as DMAIC , 5whys, 6 sigma concepts wrapped with a different bow and labeled business excellence. What’s even more disturbing is the amount of directors , senior directors and vp level that have been hired to run this gimmick around the world . No wonder the company is falling apart .. no wonder our stock is tanking .. poor leadership, poor director, bad culture and lack of execution. When the entire c suite runs out it’s more than a red flag it’s a burning flag .. penny pinch the poor little guys and the manufacturing sites.. choke them to death with your kaizen nonsense and keep streamlining processes to death until quality is non existent and complaints begin to skyrocket and patients die with our products oh wait that already happened.. complaints started to climb up thanks to the cut cut cut cut cut to maximize gross profit. Tom get out and take all the incompetent leaders with you cause there are lots of them. Also take the business excellence “plants” with you they add no value and they’re costing u a lot. I suppose u had to give big titles to show Wall Street u mean business when it comes to maximizing gross profit and shareholder value? What a sad story.

How does a company justify not paying severnace even though they are making headlines for record profits? Do you think the 5 digi severnace they give is that hard?

I got laid off January and still waiting on severnace

https://www.khou.com/article/news/local/memorial-hermann-blue-cross-blue-shield-texas-in-network/285-ceceb89a-d299-47e7-868b-f4f58889cb4e

I hope they don’t keep doing this to us every year to try to juice their profits by Pennie’s. Maybe we can use some of that excess Iran war profit to improve benefits for employees