#executives

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Safra at the White House

Everything really clicked for me this week watching Safra and other tech CEOs line up at the White House dinner, kissing the DJT ring. They’re thanking him profusely for flipping the script. The era of employees holding the power? Over.

When’s the last time you heard an Oracle leader talk about wellbeing, mental health, or diversity? The buzz words of the last 5 years. Those conversations have all but disappeared. The employer’s market is back — and with it, the return of treating employees as expendable.


The Confidential Employee Handbook

Mental games are highly encouraged across all facilities—because who doesn’t love a good game of corporate chess?

Employees who show off their stewardess skills in decency, manners, and hard work will be the first to get thrown under the bus when the going gets tough.

Only individuals with big egos, big trucks, and tiny pennies will be hired, promoted, and given extra perks, regardless of how long they've been around.

Pedigree is more important than actual skills. If you come from a GOOD family, you're set for a bright future here.

If you're the type who values morals, ethics, and honesty, be ready to be shown the door—or a vicious "firing squad", if you can back it up with solid evidence and/or science. If you're too smart for this place, academia is calling.

This is a hard, cold and relentless place of business. If you disagree, feel free to join a mission in a third world country and see how far that takes you.

Conscience extraction procedures will be fully covered by your health plan—no co-pays required.


The Ideal IBM Job

Post here your most incredulous example of executive position in IBM which has limited or no impact on IBM's growth trajectory yet somehow remains entrenched in IBM-Lore as a relevant and essential part of the machine. Examples can include those who are WFAWBO (work from anywhere but an office); those who have "robust team" of 5 direct reports (including their Admin) who they never meet; those who spend more time on LinkedIn than W3; and those who seal clap great leader style every time an SVP holds a meaningless 'oldies-but-goodies" townhall. Let the fun begin!


Synaptics Execs Sell RSU Stock Amid 29.4% Revenue Drop and Layoffs

Synaptics saw a 29.4% revenue decline in fiscal year 2024 compared to 2023, likely prompting layoffs that hurt employee morale. Meanwhile, execs continue to sell RSU stock, funded by stock buybacks, potentially eroding trust further. This raises questions about how many engineering jobs were cut to support these insider stock trades.


The trend of town halls

It’s quite obvious that the stank is being slowly pushed out of AT&T. If the company fired him, the the stock would tank.

At&t you put billions of dollars in a man that doesn’t understand basic supply and demand? Please see the reference the T-Mobile model. Stupid is, is what stupid does.


PK posted on IG

PK finally posted after her long vacation a picture of 1515 broadway with the moon man outside (current) on her IG stories.

I’m thinking why post that if you’re on your way out? Maybe an indicator she’s not on the way out?


Dell’s Uncertain Future: Executives Cash Out, Employees Burn Out

Over the past two years, Dell has fired more than 30,000 employees, with waves of layoffs continuing to hit the workforce. At the same time, top executives are frequently selling off their stock, raising concerns about confidence in the company’s direction.

Inside Dell, sweeping process changes are underway, but few employees know what the endgame looks like. The lack of transparency has created an atmosphere of fear and speculation, leaving morale at an all-time low.

Some employees are even speculating about the possibility of a voluntary separation program as an alternative to ongoing layoffs. While many doubt Dell will ever offer such an option, the fact that it’s widely hoped for underscores just how deep the uncertainty and anxiety run within the workforce.

Michael Dell himself has a reputation as a cut-throat businessman who prioritizes profits above all else. While that approach may appeal to investors in the short term, it raises questions about the company’s long-term stability and its commitment to its people.

As Dell continues to navigate this turbulent period, one thing is clear: uncertainty reigns, and the human cost is mounting.


IBM doing what GE Did

Alvind reminds me of Jack Welch. Acquire companies and pay way too much , then reduce headcount due to overpaying .

GE Went from making appliances to becoming a bloated financial services company then becoming a shell of its former self

Alvind is doing these acquisitions and the balance sheet is artificially pumped up

Investors don’t care about acquisitions, they want reduced headcount due count and they have their puppet Krabanaugh to do that so that S0B can get a bloated 100 million perk package


Nike unprepared for talent loss

https://www.financialexpress.com/business/investing-abroad-h-1b-visa-wage-based-selection-process-gets-a-green-signal-rollout-to-happen-in-august-3951253/

Beginning in March our contracting firms will begin losing their employees as H1b renewals fail, or Nike is forced to eat +25% salary increases.

Executives will naively think they can continue using the same person by sending the role overseas too, but our offshored teams have been underperforming (despite the rosy metrics they share to leadership). Only underdone by teams slapped together without care for colliding working hours and bedtimes.

Tighten your seatbelts. 2027 will be dumpster fire after dumpster fire.


Finance Cutting Executives by 50% by 2030

Finance oversubscribed, and reducing number of executives dramatically by 2030. Significant pressure to reduce potential of younger staff. Although has been happening for few years now, more pressure again this year. I had executive potential 2 years ago, recently told no longer executive potential, not competitive. Many with executive potential last year will lose this year.... but interning MBAs who will surely become future executives.... hmmm Ask you manager!! Most wont volunteer this information on your potential change but will communicate if directly asked.


Pershing is dying!

One after another, all members of Pershing’s technology leadership team were either let go or resigned. Leadership positions have since been taken over by individuals from BNY Wealth and Albridge, many of whom lack a solid understanding of the business. Their actions are causing significant issues, and I hope they recognize the problems before the situation becomes too big to recover from.