New document showed up in my workday profile. About arbitration and my rights between me and the company. So normal document..... Or layoff list document?
Posts mentioning hashtag #company
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14% of the workforce laid off.
Ehealth chopped workers with higher salaries and kept the new people. Looks like the teams trained their own replacements without knowing. Low morality company.
Today's the day?
If it is happening today I just want to say I've loved working with you all. I hope the right decisions are made but regardless, I hope you have amazing outcomes and a wonderful future.
Saks Global Files For Chapter 11 Bankruptcy
Link to the article: https://www.cnbc.com/2026/01/14/saks-global-files-for-bankruptcy-protection.html
Link to the video: https://www.youtube.com/watch?v=xLbYeI7vvw4
It appears to be official now?
"Farley explained that the newly planned ICE truck will replace the previously promised sub-$30,000 electric pickup truck"
https://www.roadandtrack.com/news/a69990477/ford-new-us-built-affordable-internal-combustion-pickup-truck-president-trump-factory-visit/
Eric Sprunk spotted on campuse this week!
Let the rumor mill run. I've always liked him and his candidness as a leader.
Happy list
Waters come in 75th on the happy place to work list and that's only in Boston.in ireland it didn't even make the list.
The (Importance) of Fed Indepedence.
Most people (not all) do not understand -
How important it is for the Fed to maintain independence in its' policy making, and monetary decision making.
Does anyone really want an (unqualified) politician determining monetary policy that can (actually) affect the Global economy.
There are (Severe) consequences, and (most) people; do (not) have a clue; but will find out if it does (actually) happen.
It won't be good.
Does the company sign and return the severance
Just curious, after I have signed and turned in the severance, what does the company do? Do they sign and return it to me or is their "acceptance" implied when I get a check ?
Renee Good
I know the bar is low but I’m still a little surprised no comments from leadership on what is happening in the Twin Cities community. Fu-k this place.
The downstream effect?
Curious if anyone else is seeing or feeling the downstream effect of what’s happening at the top of the house. I don’t mean the obvious things, I mean the intangible effects of the changes and stress.
Is anyone else’s team acting differently? People more isolated? Less collaborative? People acting like aholes to each other? An every man out for himself feeling, where it didn’t exist before?
More AIP updates
Heard from my manager to not expect AIP. They submitted ratings, but not budget.
Stock retreating
Looks like a tough quarter. When do the layoffs start? They need to get the margins up.
Severance - Stock Together payout
I know the documents say 30-60 days for them to be paid out but has anyone gotten a more precise date. Specifically for the 12/19 sev group
Infosys is a joke
These fools know nothing. It is shameful.
RTO: We tried it, we hate it.
After giving the return-to-office mandate several months to be fair and well-intentioned, it’s clear this policy creates significant friction without delivering any meaningful benefit—particularly for employees who were hired explicitly as full-time telecommuters. We are now expected to spend personal time getting ready in office attire, commuting, badging in, navigating parking ramps, security checkpoints, and elevators, only to sit alone in a cubicle all day with no teammates in the same state, let alone the same office.
On top of that, there are no assigned desks. Employees routinely arrive to find reserved desks already taken, workstations missing basic equipment, and time wasted simply trying to locate a place where they can do their jobs. This is not collaborative or productive.
Requiring people to sacrifice hours of personal time and incur additional costs to sit alone on video calls all day is not improving productivity, engagement, or morale. It is creating widespread frustration and disengagement. Employees are openly unhappy with this change, and when asked by peers about the policy, they are candid in sharing how illogical and counterproductive it feels. This approach adds inconvenience and resentment while delivering no measurable value.
What could timelines look like?
We all know that the timeline to make a room OPO employees at Deerfield. Based on that what could possible time line look like for re-org and may be layoffs.
Here is what I think it may look like:
Identify who they will still stay with the company by the end of this week.
Identify which teams they will belong to by end of next week.
Identify where the teams will sit and communicate with affected employees by the end of the month.
Here is what the structure could look like:
C-Level (CEO, CFO, COO, CIO etc)
- Eight Directors reporting to each
- Eight Managers
- Eight Team members ( Leads if managing large offshore team)
- Eight Off Shore Resources
- Eight Team members ( Leads if managing large offshore team)
- Eight Managers
All would be aligned to achieve same goals every 15 days to a month.
There might be product management team who will continuously be managing prioritized backlog. Their whole deliverable every two weeks is to add new approved items to the backlog.
Back to office rumours
I heard some rumours that we will be back for more days in the office since February even if you had some deal with manager about this. Do you have any more info?
Exxon’s truth-telling on Venezuela shows risk of crossing Trump
Story by Jennifer A. Dlouhy and Kevin Crowley
(Bloomberg) -- When Exxon Mobil Corp. Chief Executive Darren Woods told President Donald Trump Friday that Venezuela is currently “uninvestable,” he was echoing warnings already issued by oil industry leaders and analysts.
Indeed, some of his peers had tried to dissuade the White House from even holding the meeting, according to people familiar with the matter.
While Trump wants US companies to invest at least $100 billion rebuilding Venezuela’s beleaguered oil sector following the capture of President Nicolás Maduro, some executives worry conditions won’t permit a speedy turnaround. They also don’t want their companies cast as opportunistically dividing up Venezuela’s vast crude reserves, believed to be the world’s largest, the people said.
Woods not only attended the meeting of roughly 20 oil industry executives, he spoke his mind. But Trump didn’t appear to appreciate the candor. By Sunday evening, the president was telling reporters he “didn’t like” Woods’ remarks and was inclined to keep Exxon out of Venezuela, saying, “They’re playing too cute.”
“Woods thought he was speaking the truth — and he probably was — but he didn’t read the room,” said Andrew Logan, oil and gas senior director at the CERES climate advocacy nonprofit, who speaks regularly with oil industry investors. “He wasn’t in a position to say that without blowback, and blowback is what he got.”
It was a fresh reminder of the potential pitfalls for the leaders of any company — or country — when summoned to Trump’s White House for a meeting. The president is fond of opening some sessions up for public viewing, giving him a platform to extract concessions from gathered executives or government leaders.
Oil executives, however, have reason to be cautious about Venezuela.
Any bid to significantly boost the country’s recent oil production of nearly 1 million barrels per day — much less reach 1970’s peak of close to 4 million barrels daily — would likely require tens of billions of dollars. Companies would have to rebuild or replace abandoned rigs, leaky pipelines and fire-ravaged equipment. Even beyond the physical challenge, industry representatives say they want to see political and legal reforms enabling them to move money in and out of the country as well as on-the-ground security before they make any big commitments.
“The industry was unified on Friday — with the meeting with the president — that there are going to be certain prerequisites that have to happen before there’s continued investment in Venezuela,” Mike Sommers, CEO of the American Petroleum Institute, told reporters Monday.
Exxon’s arch-rival Chevron Corp. remains, for now, the only major international oil company operating in Venezuela.
Exxon executives were taken aback by the media’s reaction to Woods’ comments — according to a person familiar with the company’s thinking — given he also told Trump the company was planning to send an assessment team if invited by the Venezuelan government. In addition, Woods expressed confidence the Trump administration could deliver the legal and regulatory reforms needed for any future investment.
Despite Trump’s negative response, administration officials took note of the changes Woods recommended, said people familiar with the matter who asked not to be named because the conversations were private. A White House official pointed to the president’s Sunday remarks when asked to comment. Exxon declined to comment beyond Woods’ remarks on Friday.
Woods has become more strident in his public comments in recent years, speaking forcefully in pursuit of his policy goals even when it risks unpopularity with politicians, the media and investors. It’s a departure from former CEO — and Trump’s former secretary of state — Rex Tillerson, who tended to be more conservative in his approach to the company’s image.
“They’re gone from seeing silence as a source of strength to seeing silence as weakness,” Logan said. “It’s been a dramatic shift.”
When Europe was considering new climate and human rights laws last year, Woods was among the first high-profile CEOs to attack them directly. He also pushed back on Trump’s plan to pull the US out of the Paris climate agreement, arguing it would forfeit the chance to press for “common sense” carbon-cutting policy on the world stage.
Most strikingly, Woods took Chevron to international arbitration after its competitor agreed to buy Hess Corp., a deal that would secure a 30% stake in Exxon’s prized oil development off the coast of Guyana, next door to Venezuela. Exxon lost, as most analysts expected, but the case left Chevron in strategic limbo for more than a year. Woods defended his decision to pursue it, saying his company would always seek to protect shareholder rights.
For now, there are no signs the Trump administration will actively dissuade Exxon’s involvement in any Venezuelan reconstruction, should the company choose to pursue it.
As one of the Western oil majors with experience in the country — having left after billions in assets were seized by the government — Exxon is viewed as well-positioned to help. Most of Venezuela’s oil is heavy and sour, making it technically challenging to produce. That could constrain some of the independent oil companies that were more bullish at the White House meeting.
Trump told reporters after Friday’s meeting that “we sort of formed a deal.” But pressed to identify any specific commitments, Energy Secretary Chris Wright pointed to Chevron’s plan to increase its Venezuelan production by roughly 50% over the next 18 to 24 months as the “one specific pledge” from an oil company.
https://www.msn.com/en-us/money/companies/exxon-s-truth-telling-on-venezuela-shows-risk-of-crossing-trump
BNY Ethics Hotline
Never knew this existed. I think it’s a great way to let them know about their layoff practices.
https://www.bny.com/corporate/global/en/about-us/sustainability-report-strategy/contact-ethics.html
Calling BS on regular isp
I call BS on the regular isp rumors. No one is leaving for that.
company/union negotiations again this month
So according to an email sent last month the company and union are talking again this month. Will there be a complete blackout form both sides as usual? Would be nice to know if any progress is made, or if not, what are sticking points.
The downfall will begin soon.
Because it’s an American company, people will eventually boycott PayPal anyway.
and another thing........
When we book travel through DXC’s preferred system, we’re treated to a delightful spectrum of hotel options — everything from “character‑building budget charm” to “I could accidentally spend £1,500 this week and still not find the minibar.”
But the moment you try to claim sustenance expenses, the system suddenly becomes the strictest accountant in the Western Hemisphere. The £50 daily allowance is perfectly reasonable (unless you’re in a capital city, where £50 buys you a coffee and the right to smell someone else’s lunch). Yet submit a meal that’s even 1p over and the system reacts like you’ve attempted financial treason: flashing warnings, red alerts, and a polite suggestion to pay for your own dinner like a naughty schoolchild.
Personally, I rarely hit the daily limit — unless the hotel decides breakfast is an optional luxury, but that’s a separate therapy session. Still, if you’re away for seven nights, that’s £350 total. It would be far more sensible if we could use that flexibly. Some nights you might grab a McDonald’s for under a tenner, and on others you might want to try a decent independent restaurant, or just eat in the hotel without feeling like you’re committing an administrative crime.
Anyway… I realise these are very much first‑world problems. But still — mildly entertaining ones.
Layoffs can be painful but:
I hate to see these layoffs but I recall the high flying days of 2002 - 2006. The stock price was >500 (adjusted for reverse stock split). Shareholders were hosed for years due to mismanagement at C. Jane is, I believe, doing what is necessary to right the ship. And it seems to be working. There are so many disgruntled employees at C that I am surprised that there aren't many more layoffs. Wish the best to all.
Goldman Sachs comparison
Take a look at the Goldman Sachs site on The Layoff. There is barely one post per month. Yet look at all of us over here at BNY… it really says something. I’ve heard they’re just as bad, but it’s something to think about.
OMG Teradata is ki-ling it
24 positions open in the United States, Teradata is crushing it and I want to thank each and every one of you. I know we've all had some arguments here but I'd like to take a moment here to say thank you and hope you can all take a moment to appreciate Teradata and it's contributions to cloud computing.
Steve McMillan if you're there I appreciate your strength and candor during these difficult times. Teradata is lucky to have you at the helm
Best of Luck Everybody
I am sure most, if not all of you, are stressed and anxious. The truth is nobody here has the answer for what is going to happen. Nobody who does know would risk their job to post something here. I’m nervous alongside many of you. I just wanted to wish all of you the best as we approach uncertainty and hope you can find some time to get rest.
Search “Executive” in askAT&T Prompt Catalog
All bootlickers - Go check out askAT&T’s prompt catalog and put “Executive” in the search bar. Here, you can see how the executives you worship & believe should be paid so much, actually do nothing. The executive update you received, was just a GenAI prompt that look them 5 seconds to generate. The headcount reduction email you received? 3 seconds to generate.
AI has already replaced 90% of these executives jobs, they want you to believe that they are irreplaceable and that you are what needs replacing.
What’s your favorite? My favorite is the “Critical Thinking Companion” that the executives need to critically think! Very telling of the state of the company
“Advancing Workforce Strategy” email from Mike
Layoffs are coming. The vagueness of the email is beyond frustrating. The timeline is beyond confusing as well… 24 months?
Anyone have insider knowledge about which teams/departments?
RTO
Anyone noticed there hasn’t been much more talk about this? Has this stopped? Also any word on why they closed the Middletown NY office?
GM puts $6 billion price tag on latest mistake
https://www.thestreet.com/automotive/gm-puts-6-billion-price-tag-on-latest-mistake
Can anyone say: More Layoffs/restructuring coming?
When does the 401 contribution rate need to be adjusted ?
So Bonus is not included in the 401k