#business

OMG. Ford is testing Energy storage system that Tesla implemented in 2012. Ford said that no one in the industry is doing this, so it's a lie. Well, I hope this will help Ford to make some money. Let's see if it's going to burn down any houses.

For perspective new hires, where are sales for the company? Where staples isn’t public, it’s difficult to truly understand how the business is doing. If someone has the rough sales numbers by division and YOY, that would be great.

I like this concept and I noticed that they are starting to do this at some locations. I only know of one and that’s the Brunswick Square store over by New Jersey. Interesting and didn’t expect this at all, but I’ve always thought they should do this. Keep the clearance and messy disorganized stuff out of the mainline stores and start doing this. Are they going to expand this concept or does anyone know what’s going on here?

What is the purpose of VGS - redundant and over headed. Now w Shankar gone - get ridoff that business group.

Laid off as well, interesting package and settlement. The invite is indeed business update confidential blabla. My manager was so nervous, she had to read the message from her screen.I calmed her down a bit and then the word came out: due to intensive investments and business changes..... All opportunities are blocked, all hiring reqs on hold, maybe until April. It's serious now. O wants to scale down.

Some received Business Update meeting for Monday 12/1/25…

Good luck everyone!

Like it happen to many direct sellers in amazon before, initially Amazon will deliver significant sales increase to Nike and everyone in Nike will be happy but after few years amazon will demand more and more with higher leverage due to their sales volume until Nike realizes that they made mistake getting into bed with Amazon.

Anyone who has doubt about my claim, check Youtube regarding Amazon abuse.
It is true that Nike is big but that will not insulate Nike from Amazon abuse.
Even if Nike wants to back out from Amazon they will not able to do it since Nike's sale to Amazon has become too big and Nike have grown dependent on it. Like an addict become dependent on dr-g of his choice.
Later on Amazon will bring copy of Nike product with their own private brand and will rank them above Nike. Gradually ki-ling Nike product.
Amazon has done this few hundred thousand times to their seller so it is nothing new, big and small.
For example, 5 billion sale would be a big deal to Nike but to amazon it would mean nothing whose revenue is projected to be $500 billion.

This is open letter to EH and Nike management to think about regarding long term ramification

"That 25% of non-core business, including SMB and consumer cybersecurity, DevOps, and analytics, is going to be a hole worth almost $1.3 billion to fill however, so the shrink to grow strategy better work, and the new CEO may need some patience given to them."

https://www.iteuropa.com/news/opentext-shrink-grow-strategy-may-mean-it-has-13bn-sales-hole

$12,500 per business trip to BLR TV
$15,000 per business trip to Brazil GBC
$18,000 per business trip to Europe GBC
$20,000 per business trip to KL TC
$30,000 per business trip to Guyana
and other

$ 475 per hour bill rate - the highest in the corporation and lowest return on the dollar

• Sitting in cafeterias for coffee chats 50%. of time.
• Lunch 10% of time.
• Campus walks and gym 10% of time.
• Dentist appointments and others 5% of time
• Pointless meetings, ERG events, U ited way etc 10% of time
• Whining and complaining about Indians taking over their jobs 5% of time
• Politics and making things up for PDS 10% of time

When does Houston do work? What is the return on $475/hr bill rate for extracting other country’s resources while sitting in a glass castle?

Which line of business has published their reorg charts on vzweb?

https://www.linkedin.com/pulse/strip-dxc-parts-why-insurance-unit-worth-more-than-whole-phil-fersht-8yime

$12,500 per business trip
$80 per hour bill rate

Can’t see anything ahead but a gradual decline with bits of the business sold off over the next few years

Verizon, a once proud company has lost its identity…and soul

https://x.com/TheLayoff/status/1991549322509566279

numero uno, today, again.

probably the biggest business news of the day.

it's a sad throne that we occupy right now

Recently hired in a new store. I overheard the GM talking to suits that were here. Basically saying end of year is looking neat and some large clients would be coming back next year.

• Verizon lost 7,000 postpaid phone subscribers last quarter
• Added only 44,000 prepaid customers while AT&T added 400,000 and T-Mobile added 1 million
• Stock has stagnated - up just 8% over 3 years while S&P 500 rose nearly 70%

AI Fleet said the layoffs were triggered by an 'unforeseeable' business disruption that left it unable to give the 60 days’ notice typically required under federal law.

https://www.statesman.com/business/article/ai-fleet-trucking-layoffs-austin-technology-21184715.php

It appears many people are calling attention to Broadcom’s history and its catastrophic business model, which they say relies on monopolistic tactics and has led to multiple lawsuits. Critics also highlight the destruction of American job. Thousands lost in less than five years.

https://cloudinfra.blog/the-broadcom-vmware-saga-acquisition-turbulence-talent-drain-and-the-rise-of-alternatives-in-2025/

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.

Are we riffing 15000 employees to pay for Frontier? Does the deal make financial sense with Verizon’s debt burden?

This round is employees. Next round The Company is literally eliminating groups. Any business that's been struggling to make money is gone. They make no money in advertising because yahoo was a failure, they make no money in fleet, no money in video they failed at TV and the streaming business, no money in international business, no money in cyber security, no money in government contracts

Dan is focused on being a wireless phone company with hopes of AI bringing new ideas to the table. The old ideas are going to be eliminated

OpenAI has been making it rain infrastructure deals. The AI startup just dropped another $38 billion on Amazon Web Services, adding to agreements with Oracle, Microsoft, AMD, and a plethora of other deals that total over $1 trillion this year so far. But there's one company conspicuously missing from the invite list to this very expensive party. Intel, the former belle of the Silicon Valley ball, is now watching everyone else dance.

So when OpenAI came knocking in 2017, hat in hand, asking Intel to invest in their fledgling AI startup, Intel said no thanks. Why would the king of computing need to bet on some nonprofit's sci-fi dreams?

Now, Intel is the one begging for a seat at the table while OpenAI doesn't seem to be interested.

"Why go back to a firm that has an inferior product and also snubbed you?" said Tim Derdenger, an associate professor at Carnegie Mellon's Tepper School of Business.

https://semiwiki.com/forum/threads/openai-wont-buy-intels-ai-chips-says-associate-professor.24015/

Hi has anyone received a 1-1 invite with their line manager saying ‘Business update’? This is specifically in UKI applications business under GA.

This is 100%. The layoff is not because AI is magically changing things, or because clients need less work. The nature of work is changing, projects are smaller and more focused. But, behind all of this is the need for free cashflow which can be achieved through higher sales (not going to happen) or cut in expenses (it's happening right now). She needs cash to finance AI infrastructure build out, and the only way to find the $$$ is to cut people. She has no other options (ok, she can go in debt, but that's always bad). So, she's repeating the same thing that AWS (30K cuts), MSFT (25K cuts), META (20K Cuts) and others are doing.

I wish all of us good luck.

Anyone has info on what's being planned? Any layoffs soon?

https://www.reuters.com/business/finance/wells-fargo-ceo-says-bank-not-under-pressure-make-acquisitions-2025-11-05/

Agentic AI has a 98-99.5% failure rate.

But business leaders are still pretending (lying) AI is taking peoples jobs.

https://arxiv.org/html/2510.26787v1

The best-performing current AI agents achieve an automation rate of 2.5%, failing to complete most projects at a level that would be accepted as commissioned work in a realistic freelancing environment. This demonstrates that despite rapid progress on knowledge and reasoning benchmarks, contemporary AI systems are far from capable of autonomously performing the diverse demands of remote labor.

From a former Target executive

https://www.forbes.com/sites/christopherwalton/2025/11/03/target-is-acting-like-a-company-preparing-for-acquisition/

should we not expect could cost to come down drastically, thank to AI - Why it is goin up instead- profiteering ?

Hearing a lot of rumors and basically no department is safe, no position is safe. November 20 is the date I’m seeing and hearing, But I am hearing more than anything that SMB is really on the chopping block. What do we think is going to happen to SMB and B2B? Restructure or just completely cut the channels out and have store reps and managers take care of business?

https://www.cbsnews.com/news/kenvue-kimberly-clark-acquisition-tylenol/

Founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem, NVIDIA began as a graphics processing company focused on improving video game visuals. Its breakthrough came in 1999 with the launch of the GeForce 256, the world’s first GPU, revolutionizing computer graphics and parallel computing. Over the next two decades, NVIDIA expanded beyond gaming into high-performance computing, data centers, and artificial intelligence. Its CUDA platform, introduced in 2006, enabled GPUs to accelerate AI and scientific workloads, cementing NVIDIA’s role at the heart of the AI revolution. Today, NVIDIA is a global leader in GPUs, AI chips, and data center solutions, shaping industries from gaming to autonomous vehicles and generative AI.

We’re back.

AIG, Onex partner to buy specialty insurer Convex in $7 billion deal

Oct 30 (Reuters) - Canadian asset manager Onex (ONEX.TO), opens said on Thursday it has teamed up with U.S.-based insurer AIG (AIG.N),to buy privately held specialty insurer Convex Group in a $7 billion deal.

https://www.macrotrends.net/stocks/charts/IBM/ibm/goodwill-intangible-assets-total

Many people are expected to make lots of money on the IPO shares sale, including Pulte’s friends. Some of them are now getting the contracts and Fannie and Freddie are paying for the contracts.

What is the plan for indirect? VZ could do like AT&T and T-Mobile and just chop the position completely.

Another day, another acquisition

https://www.reuters.com/legal/transactional/germanys-sap-mulls-new-bid-software-firm-blackline-sources-say-2025-10-27/

Does 5/3 have these roles? How much do they pay?