#company

a bunch of us just arrived in Houston-All the talk is about how much trouble the company is in & how much are workloads have increased since the company laid off 250 employees-all the talk is about the $45m deficit & the lawsuit & the upheaval in leadership-In 18 months: greed, severin, festog, donaldson, goldstein, roehrich, loughery, gutteraireez, golatt, conway, are all gone-field sales leadership suxx-We are all very skeptical-Company is still hiding things from us. Client losses keep mounting-Company cant revenue-Many are looking to jump ship right after bonus time. May god save our souls. Now time to go to the bars to get sc-hit-faced.

New company may be called TransCo.

Have a read in the link below, what are your thoughts on this article? "If overhiring or underperformance was the true problem, /…/ the companies should question their leaders, who green-lit the overhiring and may have failed to develop productive roles for their employees." https://thehustle.co/originals/why-layoffs-dont-work?_bhlid=21e02204eafb215d6fdabdea39d43e71e0027ce2

I see many job postings for Austin online but am curious if that is a shift to bring staff back locally instead of India? What are your thoughts?

Does any know when will CITI match our 401K 2025 contributions?

https://fortress.wa.gov/esd/file/WARN/Public/DownloadFile.aspx?file=43663560-de95-4f46-ba34-5ee4fc3e0e88.pdf&download=1

393 gone in the state of Washington.

Until layoffs actually happen at your work site or disclosed from credible major news sources, do not believe any posts on this forum about them. As you found out, posters do not provide the affected groups or actual information to make their rumors even close to being true. Actual information should include initials of senior management for the affected groups. Do not use BM as we all know whose initials they belong to. Only valid BOA employees would know the organization affected by referencing the initials. It is ridiculous by the number of bogus posts about layoffs on this forum. This is not a game.

Was that a public hour long Exit interview for JC? It was definitely a hour long pointless call that could have been an Email.

Since CC became CEO in May, 2019:
TRU: 23%
S&P: 144%
EFX: 68%

And yet it's other people getting fired. What am I missing?

https://about.att.com/aboutus/pressrelease/2026/att-lumen-deal-close.html

Can anyone tell why BKR annual meeting is always held in Italy Florence? Why not Houston?

Saw COED mentioned in a post and have heard it mentioned before but have no idea what it stands for or how the process works. It has to do with approving roles but that is all I know. Meets once a month? Who can shed light on this? What does it stand for? What does it do? Who is in it?

What are people hearing?

VERIZON ⁠HAS ‍NOW ​BEGUN TO TAP ‍POTENTIAL REPLACEMENTS ​FOR CURRENT HEAD ‍OF VERIZON'S ​CONSUMER DIVISION SOWMYANARAYAN SAMPATH ​IN RECENT WEEKS- ‍FT Source: https://example.com/4awd7nte

Lumen Completes Sale of Consumer Fiber-to-the-Home Business to AT&T

More info online

Private equity will destroy you, just as it destroys everything else

Volkswagen is pausing plans for a new U.S. manufacturing plant. The company cites financial uncertainty from U.S. trade policies. This includes a debated Audi factory project since 2018. VW experienced a 15% operating profit drop in 2024. Volkswagen also plans to eliminate 35,000 future jobs in Germany.

https://www.slashgear.com/2087524/volkswagen-us-audi-factory-plan-paused/

https://youtu.be/YvgLXMidQ2E?si=m5KE4CFL1vdSWZV2

Please share any information, dates for February. Thanks.

Is PnC mod claims or policy team in the layoff list next ?

I am just trying to understand what positivity anyone still has towards their job or this company after the constant hits to morale.

It’s official! We are going public. Nice to see Michael’s strategy finally paying off. Excited to see what the future holds as an S&P 500 company.

Most of what I’ve heard and read points to areas such as sales, marketing, operations, etc being impacted. How about analytics?

Does anyone know what the he-l is taking the company so long to issue the new picture ids, that they demanded back in October that we needed to do it or face discipline. No1 knows where or when they r getting sent out. Once again rush rush rush with this company n the left hand doesn’t know what the right is doing.

Is it common to receive an asset inventory request? Do they do that occasionally as part of a normal audit?

They shifted field service in several upper Midwest states to dealers last year. I'm hearing that they are about to do this same thing in a number of additional states. Does anybody know anything for sure?

It is not alive…
it is not dead…

It is just rotting.

I had a conflict and missed the Open Mic, I assumed they would send out a recoding but after that last email it seems likely they will not. Can anyone share what was spoken about? Are there more changes coming?

Now even less time for DXC. The AI bot who wrote the earnings call speech is now the DXC CEO.

TikTok USDS Joint Venture LLC Established in Compliance with U.S. Regulatory Requirements

Today, TikTok USDS Joint Venture LLC has been established in compliance with the Executive Order signed by President Trump on September 25, 2025, now enabling more than 200 million Americans and 7.5 million businesses to continue to discover, create, and thrive as part of TikTok's vibrant global community and experience. The majority American owned Joint Venture will operate under defined safeguards that protect national security through comprehensive data protections, algorithm security, content moderation, and software assurances for U.S. users.
TikTok USDS Joint Venture's mandate is to secure U.S. user data, apps and the algorithm through comprehensive data privacy and cybersecurity measures. It will safeguard the U.S. content ecosystem through robust trust and safety policies and content moderation while ensuring continuous accountability through transparency reporting and third-party certifications.
….
Data Protection: U.S. user data will be protected by USDS Joint Venture in Oracle's secure U.S. cloud environment. The Joint Venture will operate a comprehensive data privacy and cybersecurity program that is audited and certified by third party cybersecurity experts. The program will adhere to major industry standards, including the National Institute of Standards and Technology (NIST) CSF and 800-53 and ISO 27001 as well as the Cybersecurity & Infrastructure Security Agency (CISA) Security Requirements for Restricted Transactions.
Algorithm Security: The Joint Venture will retrain, test, and update the content recommendation algorithm on U.S. user data. The content recommendation algorithm will be secured in Oracle's U.S. cloud environment.
Software Assurance: The Joint Venture will secure U.S. apps through software assurance protocols, and review and validate source code on an ongoing basis, assisted by its Trusted Security Partner, Oracle.
Trust & Safety: The Joint Venture will safeguard the U.S. content ecosystem and have decision-making authority for trust and safety policies and content moderation.
Interoperability enables the Joint Venture to provide U.S. users with a global TikTok experience, ensuring U.S. creators can be discovered and businesses can operate on a global scale. TikTok global's U.S. entities will manage global product interoperability and certain commercial activities, including e-commerce, advertising, and marketing.
The Joint Venture, built on the foundation of the TikTok U.S. Data Security (USDS) organization, will operate as an independent entity governed by the following seven-member, majority-American board of directors:
…

Raul Fernandez – Independent Director and Chair of the Security Committee: Raul Fernandez is President and Chief Executive Officer of DXC Technology and a member of its Board of Directors. He brings more than three decades of experience at the intersection of technology, risk, and national security.
…

Full Press Release here: https://newsroom.tiktok.com/announcement-from-the-new-tiktok-usds-joint-venture-llc?lang=en

Bloomfield Hills headquarters closure is in process. Simon Property Group's taking over. there are different threads on this. Good luck all

Simon & Schuster Implements Additional Layoffs

https://www.publishersweekly.com/pw/by-topic/industry-news/publisher-news/article/99584-more-job-cuts-at-s-s.html

Simon & Schuster announced a new round of job cuts. This follows earlier "limited" staffing changes this week. Approximately 15 employees were affected across adult and children's divisions.

High-profile editors like Eamon Dolan and Colin Harrison were among those let go. These reductions are a response to current market conditions.

Just in headend will be contractors based also. They are currently looking at a few potential companies to take over....

Only people to blame are employees for letting this happen.. Chicken sh--s

https://youtu.be/7sk3qmIQZnI?si=ffHq_Sr2fIVkfh6y

It’s Friday. Last business day of the month. Seems like a good day to reduce headcount. Anybody get called into a last minute Teams meeting with your very complicit PL and an HR stooge yet?

Grubhub, now a part of Wonder, laid off at least 10 people from Merchant Network (or whatever it's called now). Many laid off employees had been there 10+ years. I don't think GH will last another two years at the rate Wonder is gutting it of long-term employees.

Has anyone heard about the hiring freeze in global risk management?