#risk

How do employees counter when Management tries to gives us a “needs improvement” rating (rather than a “Meets”) on our year-end review when we were moved into a new role? Of course there is going to be a learning curve, but I feel like we are being unfairly rated because we never asked to be moved into this new role…was voluntold.

I feel like Management will try and use this as a reason to justify a lower rating and/or as justification for eventually laying us off. What can we write in our end of year self-eval to give us some worth or value.

BTW, their justification in the past is that even though your daily responsibilities are totally different and new skill sets, it still falls under the same job title description. Total BS in my opinion.

This company does not care about you, and they think they can get rid of you in order to save costs. That is all this company cares about, is money. So, that is the way to make them hurt and feel some pain...

We are all in positions where we can make the company costs increase significantly relative to our puny wages. I'm not talking about doing something severe, illegal, or sabotage. I'm not encouraging that at all and don't condone it.

In our respective areas, we all have things such as:

• Improvements (nice to haves) that you are working to stream line or automate - stop working it.
• We all have "grey" areas in our work area's. Whether it is regulatory compliance (AER, Mines and Minerals act, ABSA, APEGA, OH&S, Law) etc. We have things that are often borderline and can be interpreted for or against us. We likely have sided on the companies side in these matters, at some personal exposure and risk. Stop supporting these, and side on the other side.
• We all have specific work items that have significant Financial Risk. Mine plans, Mine Equipment, End of life, etc. which we actively try to defer or push out. I certainly know of some items that could easily be $100M on the mine side that can hit the books next year, let them.

Again, for many of these things, you don't need to do anything active. Just stop pushing to save the company money. We can do way more cost damage than they think...

The $150M savings they are expecting annually by getting rid of us, we can easily cost them that + WAY MUCH MORE. So, Fu-k Them!

Do your part! Let the ship sink and let the bean counters feel some pain.

It’s ChatGPT compiled summary, but a good refresher and reminder we can adopt.

1. Knowledge Control & Asymmetry
   • Document selectively: Provide training and documentation, but keep it high-level. Leave out context, dependencies, or nuances only you know.
   • Use tacit knowledge: Emphasize things that require “experience” (judgment calls, historical context, relationships with regulators/vendors). GCC hires can’t easily replicate this.
   • Avoid “one-click transfer”: Break down processes into multiple steps when explaining, making them look more complex.

2. Strategic Friction in Rollouts
   • Ask clarifying questions: In transition meetings, phrase them as risk concerns:
   • “How will GCC handle regulatory nuances in [X country]?”
   • “What’s the fallback if response times slip due to time zone?”
   This slows decisions without looking obstructive.
   • Introduce dependencies: Link tasks to other teams or tools so that “handoffs” look harder.
   • Highlight local compliance: Bring up data residency, export control, union agreements, or contractual obligations. These almost always slow offshoring.

3. Delay Through “Support”
   • Over-offer help: Volunteer to be the bridge/trainer. This keeps you in the loop and drags timelines (“transition can’t close until full training is done”).
   • Pace knowledge transfer: Train slowly, highlight “complexities,” extend timelines by needing “extra validation.”
   • Audit their output: Position yourself as QC for GCC work. This makes you gatekeeper of quality and creates rework cycles.

1. Expose Hidden Costs (Quietly)
   • Track errors: Maintain a private log of GCC mistakes, delays, and escalations. Present data neutrally, never emotionally.
   • Escalate risk neutrally: Instead of “GCC can’t do this,” say:
   • “We saw 30% rework rate—might suggest a phased approach instead of full shift.”
   • Highlight stakeholder pushback: Collect subtle dissatisfaction from clients/customers, frame as “feedback.”

2. Protect Your Position
   • Brand yourself as irreplaceable: Be the person who knows the workarounds when GCC fails.
   • Shift to cross-functional roles: Move into strategy, supplier relations, or customer-facing projects—roles harder to offshore.
   • Stay visible to leadership: Share concise insights or risk notes with senior managers, so they see you as thoughtful, not resistant.

3. Long-Game Career Hedge
   • Upskill in automation/AI: Many GCCs are execution shops, not innovation hubs. Becoming the automation SME makes you future-proof.
   • Build network outside: Quietly explore trading, analytics, or industrial strategy roles—industries less prone to full-scale offshoring.
   • Stay neutral in tone: Never sound anti-GCC in writing; instead, frame everything as “risk management” or “ensuring smooth transition.”

How will Ford be affected if their India workforce becomes part of India’s US-Tariff-boycott?

Would that completely shutdown the company, and for how long?

Apache has several headwinds ahead that could alter the company’s outlook and trajectory.
Abandonment liabilities increasing into the +4 billion dollar range as North Sea and Fieldwood combine to create a very significant financial drag.
Permian basin starting to show signs off deliverability well issues as wells enter the post flush phase…that long runway is looking less attractive.
Gran Morgu…aka Deepwater Alpine High…something is off here…like a purposeful delay and concern from project manager…that the promised 250,000 bopd peak may actually be closer to half advertised and with high decline rates

All I want to say is that, I hope this is being carefully managed. This and the housing bubble could burst at once... however, they keep listening to the very same people that are creating this bubble...

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The AI bubble is the only thing keeping the US economy together, Deutsche Bank warns

When the bubble bursts, reality will hit far harder than anyone expects

YOU HAVE BEEN WARNED: Warnings about the overinflated prospects of a still-hypothetical "AI economy" continue to mount. Some analysts expect the AI bubble to burst sooner rather than later, arguing that current investment growth cannot continue indefinitely in a finite world.

According to a research note recently sent to clients by Deutsche Bank, the AI bo-m is currently helping the US economy avoid a recession but it cannot continue indefinitely. George Saravelos, Global Head of FX Research at Deutsche Bank, said the US would be close to a recession this year if Big Tech were not spending so heavily on building new AI data centers.

The "AI machines" are literally saving the US economy right now, Saravelos said, but this kind of growth cannot be sustained unless spending remains on an ever-growing course. Nvidia, the major supplier of powerful AI accelerators used in data centers, could potentially bear much of the residual growth the US economy has experienced in recent months.

"The bad news is that in order for the tech cycle to continue contributing to GDP growth, capital investment needs to remain parabolic. This is highly unlikely," Saravelos said.

Deutsche Bank highlights that much of this growth comes from new facilities being built by human workers, while the AI technology and services sector has yet to make a meaningful contribution to the GDP.

Around half of the market gains captured by the S&P 500 index have been driven by tech-related stocks, Deutsche Bank warns. A separate report by Torsten Sløk of Apollo Management concurs, noting that equity investors are "dramatically overexposed" to AI investments.

According to analysts at Bain & Co., even with all this spending, AI is likely to generate insufficient revenue to fund further growth initiatives. By 2030, anticipated demand for AI services would require $2 trillion in annual revenues, leaving a shortfall of $800 billion globally to meet that demand.

Nvidia recently committed $100 billion to OpenAI to build an additional 10 gigawatts of AI computing capacity, while OpenAI escalated the investment by planning a full network of new AI data centers. Meanwhile, OpenAI CEO Sam Altman has acknowledged that AI investors are behaving irrationally, and some will inevitably lose significant sums of money as a result.

Will AI capital expenditure continue to surge with staggering figures and impossibly high revenue expectations? Baidu CEO Robin Li recently predicted that 99 percent of so-called AI companies will not survive the bubble, while legitimate businesses are now squandering money and potential productivity gains in an attempt to turn everything into an AI workload.

https://www.techspot.com/news/109626-ai-bubble-only-thing-keeping-us-economy-together.html

MORE WARNINGS:

AI bo-m drives record S&P 500 valuations, but Goldman Sachs warns of $1 trillion risk ahead

Investors debate how long Big Tech's AI spree can last

https://www.techspot.com/news/109358-ai-bo-m-drives-record-sp-valuations-but-goldman.html

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David Einhorn warns about "AI Spending Splurge"

Hedge fund manager David Einhorn cautioned that the unprecedented amount of spending on artificial intelligence infrastructure may destroy vast amounts of capital, even if the technology itself proves transformative.

The Greenlight Capital founder said the trillion-dollar build-out by companies overall, such as Apple Inc., Meta Platforms Inc. and OpenAI is so extreme that the eventual returns are highly uncertain. While he expects AI will ultimately surpass today’s bullish forecasts, he questioned whether “spending a trillion dollars a year or 500 billion a year” will deliver good outcomes for the firms making those investments.

Video here:

https://finance.yahoo.com/news/david-einhorn-sees-tremendous-capital-230951096.html

AAPL, META, GOOGL: Investors Could Be the Losers of AI Spending Splurge, Warns Hedge Fund Guru

“When David Einhorn speaks, the markets should listen,” said Kathleen Brooks, research director at XTB. “He is the hedge fund manager who pulled the rug from underneath the subprime mortgage market bo-m in 2007/2008. His warning could be seen as a threat to the lofty valuations of Google GOOGL +0.44% ▲ , Meta and Microsoft MSFT +0.42% ▲ . They have pledged some of the largest investments in AI infrastructure and are Nvidia’s NVDA -0.24% ▼ largest customers.”

More here, plus other articles if you scroll further down:

https://www.tipranks.com/news/aapl-meta-googl-hedge-fund-guru-einhorn-warns-that-investors-could-be-the-losers-of-ai-spending-splurge

At the risk of sharing too much and outing myself, I feel like it’s important for employees to know that there have been internal discussions for several weeks about preparing for a full return-to-office (RTO) with a target date of 12/01.

This shift will not affect designated telecommuters. However, leadership is considering changes that could indirectly impact them, such as reducing merit increases by a percentage, withholding them entirely, or halving API targets for remote employees. These adjustments are being framed as a way to “counterbalance” the RTO mandate. Announcements are expected around the start of the new year, once PTO balances reset.

The intent behind these measures is to drive natural attrition among both remote and in-office staff, minimizing or eliminating the need for another large-scale reduction in force. Notice the timing right before the holidays.

At the same time, corporate leadership is optimistic that AI and automation can replace many roles vacated through attrition. The long-term plan includes maintaining the hiring freeze indefinitely; at a minimum, next year’s budget will not allow for backfilling positions unless they are deemed business critical.

I worry there is significant risk. From what I’ve seen, the company is years behind in AI adoption. Betting heavily on it now could backfire, potentially resulting in millions in fines and penalties by 2026–2027.

Will Kaskida field development be a technical and commercial success?
Why does Kaskida not have other co-owners to differ cost and risk…

More than 70% of the Sycamore deal is financed through debt, meaning that the private equity firm doesn’t have “much skin in the game,” according to Parr. The risks of bankruptcy are especially troubling, according to the Private Equity Stakeholder Project. In the first quarter of this year alone, 70% of large U.S. corporate bankruptcies involved private equity-owned companies, despite private equity making up only 6.5% of the economy.

Had a recruiter ping me recently for a job with a "leading crypto" firm for grc work. Would be an 80k pay bump plus equity and full wfh. Too good to be true perhaps, but I'm doing my research.

What would you all do? I survived a few lay offs here but I know job security is not guaranteed anywhere; especially in crypto.

Buffalos are bold and strategic and would charge bravely with focus and determination into the approaching Elliott Management storm even though they probably won't survive it ! Be proactive like the Buffalo and face the challenge head on !

I am applying for a role but I’m being told it’s non-budgeted. What does that mean? It sounds risky even if I am internal.

The amount of money that CVS is paying out in lawsuits both recently and over the last few years is staggering. How is this not affecting CVS more?

@OP+1k4t1ksy3

SEE LINK BELOW - THIS IS WHY OUR STOCK IS TANKING OUT BIG TIME - HOW COULD SOMETHING LIKE THIS HAPPEN? A MAXIMUM SEVERITY RATING OF 10 OUT OF A POSSIBLE 10 ON S/4HANA and NETWEAVER PRODUCTS - ARE YOU KIDDING??

Who is responsible for this?

https://arstechnica.com/security/2025/09/as-hackers-exploit-one-high-severity-sap-flaw-company-warns-of-3-more/

No public relations announcements will cover this up.

This is pretty serious news that will definitely impact SAP sales going forward. Just who would now want to buy SAP with 3 of our major products now exposed to a "high-severity vulnerability"

What has happened to this company??

As a US Based employee, curiosity to what happens (or is there something in place) if Russia continues to escalate and attempt invasion with Poland or things go south quickly there. I worry for them.

Where else is in danger of going the way of Australia? Guyana from the beginning we don’t operate and have contractor doing everything.

Not everyone is excited about the deal. The Private Equity Stakeholder Project, which bills itself as a watchdog organization rooting out the impacts of private investment, said in March it was “very wary” of the deal, noting several of Sycamore’s portfolio companies have filed for bankruptcy.

The watchdog group further noted that Sycamore appears to be paying for the acquisition mostly using debt, which could leave Walgreens financially vulnerable down the line.

There is zero doubt. Not only did I already know this and have had discrete discussions with management, but I had the shocking experience experience of overhearing a very high higher-up talking about this situation to who I assume was a colleague in the lobby of another business! The goal is to send everything to Pune and ultimately have AI take over all they can. If processes fail, they fail; so be it.

He is going to go on another firing rampage.

Hearing rumours of a “snarkety” question that was asked…what was it?

SS&C announced today that it has entered into an agreement to acquire certain Algorithmics and related assets from #IBM.

Algorithmics provides leading #risk #analytic products and services for the #financialservices industry worldwide.

The addition of Algorithmics will extend SS&C's #riskanalytics and regulatory offering. The acquisition is expected to be completed in the fourth quarter, pending the completion of customary closing conditions.