#news

Any information if anything more would happen before the end of the fiscal year in May?

Heard there is another round of consultant survey by Mars Company right now. And there are proposals of significant headcount right sizing. Any news about the target groups ?

https://www.thelayoff.com/t/1kjtpebnk

March it was $215

Now it is $179.49

A superior brand of long ago - now dead

Jon Freier, Mike Katz, Deanne King, Jeff Simon, and of course, that loser at the top of the company.

Make sure this article gets shared far and wide.

“T-Mobile Faces Backlash After Axing US Jobs Amid Global Expansion Push Under New Indian CEO”

https://www.ibtimes.co.uk/t-mobile-layoffs-cost-cutting-backlash-1790401

with Iran declaring that they will not participate and who know how many more team will pull out if war gets out of control.
With only 2 months to go for opening match, based on what I hear from hospitality sources is that there is no momentum or excitement, here in Los Angeles.
Can't say for NY or Miami.

As far as for Nike that is big supplier of soccer product, could be a good news or bad news

It could be a bad news since Nike may not get bang for their ad dollar spent.
It could be a good news for Nike since they have not have anything prepared for the upcoming event.
It is like you did not study for the final but you found that final got cancelled for bo-b threat.... LOL

I am hearing rumors of an OFSE spinoff again. What is the latest?

It's interesting I don't see anything in the press... closing call centers probably means hundreds of people are gone.

https://www.latimes.com/business/story/2026-04-09/meta-oracle-qualcomm-share-details-on-layoffs-across-california

Those "quick business update" meets should be either out by now or coming out soon.

General Electric spinoff GE Vernova spends $70M on Rostraver warehouse

The power generation equipment maker has yet to reveal its plans for the more than 700,000-square-foot facility
Jack Troy
By Jack Troy
2 min read • April 6, 2026 | 2 days ago
Slide

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An aerial view of Amcel Center Two in Rostraver, a more than 700,000-square-foot former distribution center recently purchased by GE Vernova. (Courtesy of Genfor Real Estate)
GE Vernova, formerly a part of General Electric, spent $70 million to buy a distribution center in Rostraver last month, adding to the Massachusetts-based power generation equipment manufacturer’s strong Pennsylvania presence.

Westmoreland County property records show GE Vernova subsidiary GE Renewables Grid LLC purchased the more than 700,000-square-foot property from Gordon One LLC.

GE Vernova, which is headquartered in Cambridge, Mass., was created when General Electric split into three companies in 2024.

GE Vernova did not immediately respond to questions about its plans for the property along Finley Road known as Amcel Center Two. The company leased about 150,000 square feet in the building prior to buying it.

Jordan Visioneering loading…

“LA28 is a once-in-a-generation moment for the Jordan Brand on a global stage, in our backyard—that will bring to life everything we stand for, bridging sport, culture, and community in a way the world will feel. It's bigger than a moment; it's our opportunity to define how we lead with athletes, earn with community, and show up with an unmistakable point of view across product, storytelling, partnerships, and experiences.

Our ambition is to deliver outsized impact at the Olympic Games—earning global attention and, more importantly, deepening relevance and credibility with our consumers—through a clear point of view and a connected, end-to-end plan.

We're proud to share that JM will step into a newly created role as VP, Jordan Visioneering & LA28 Creative Lead.

A long-standing creative force within Jordan Brand, JM work lives at the intersection of technology, design, sport, and culture—pushing what's possible and bringing ideas to life that connect athletes, engage communities, and inspire the next generation.

In this role, JM will lead Jordan Brand's LA28 strategy by bringing together a creative vision, athlete insights, storytelling, and technology to define how the Jordan Brand shows up for LA28 and beyond. He will lead a cross-functional team across concepts, marketplace, community, and brand storytelling to ensure our strongest ideas land with speed and purpose—moving the brand, and the culture, forward.

This role reflects a belief we've always held: the future of Jordan Brand will be shaped by bold imagination, deep connection to sport, and innovation-driven creativity that resonates far beyond the game. JM leadership will help guide how we express the brand for the next generation.

JM will report toPresident of the Jordan Brand SM. He will remain a member of the Jordan Leadership Team and will be based in Los Angeles.”

Habbakuk 2:2

When Ford issues press releases like this and the Freep publishes them as “news” and doesn’t put them behind the paywall something bad is brewing. When Ford is sending out all kinds of happy press releases it’s a warning sign.

https://www.freep.com/picture-gallery/money/cars/ford/2026/04/07/bill-ford-jr-ford-ceo-photos/88963049007/

https://deadline.com/2026/04/jeff-shell-fired-paramount-president-1236784545/

https://www.yahoo.com/finance/economy/policy/articles/doritos-prices-jumped-50-four-200242097.html

She was once laid off. Now, her friends at Oracle just lost jobs. Her warning: Realise that 'your job is never your value' - The Economic Times https://share.google/8fSRzo9lnfaJQTPW8

Layoffs are increasing in North Carolina. This trend is for the year 2026. State-reported data confirms the rise. Layoffs are ticking up compared to last year. Specific company details are not provided.

https://www.bizjournals.com/triangle/news/2026/04/07/epic-games-wells-fargo-therm-fisher-layoffs.html

https://www.thedailybeast.com/malignant-bill-maher-trolled-in-eyebrow-raising-hack/

https://business.toshiba.com/news/toshiba-expands-its-high-output-print-portfolio

Looks like T-Mobile will buy kinetic, and more layoffs coming. Uniti executives definitely securing their seats in he-l

Does anyone know if Australia was already impacted in Mar/Apr?

https://www.monkhouselaw.com/oracle-layoffs/

The Associated Press plans staff cuts and a business restructuring. This move shifts focus from local print to video and national topics. Revenue from tech companies has significantly grown for the AP. A voluntary separation plan will first be offered to U.S. news staff. Layoffs will follow if insufficient voluntary interest is received.

https://www.axios.com/2026/04/06/ap-staff-cuts-restructuring

Seattle Met magazine is under new ownership. Hour Media acquired its parent company, SagaCity Media. SagaCity Media sold its publications for $1.6 million in March. The company had faced financial difficulties and entered receivership. Layoffs have started at Seattle Met, affecting several editorial staff.

Seattle, Washington

https://mynorthwest.com/local/seattle-met-magazine-layoffs/4225310

Cricket selling Fiber????

https://www.phonearena.com/news/at-t-has-big-plans-for-cricket-wireless-and-they-go-way-beyond-phones_id179442

https://www.nytimes.com/2026/04/05/world/europe/ye-music-festival-pepsi-antisemitism.html

Kanye West as the headliner. No take on this, just informing ya’ll

https://x.com/WhatLayoff/status/2039030471590310185?s=20

https://www.yahoo.com/finance/markets/stocks/articles/exclusive-intel-looks-put-millions-224700202.html

https://www.youtube.com/watch?v=oU7aQ1tzBHc

https://www.crn.com/news/networking/2026/cisco-move-to-eliminate-compute-deal-registration-sparks-channel-turmoil

https://www.msn.com/en-us/sports/mma_ufc/the-irs-chief-and-a-sports-collector-are-fighting-over-muhammad-ali-s-shorts/ar-AA1ZZubp

Iran's Islamic Revolutionary Guard Corps (IRGC) has claimed it targeted an Oracle data centre in Dubai, following an earlier claim of striking an Amazon cloud facility in Bahrain, in what it describes as retaliation against US-linked infrastructure

Iran on Thursday claimed it struck an Oracle data centre in Dubai, state media reported, in an escalation following an earlier attack on an Amazon cloud site in Bahrain.

In a statement carried by state media, the IRGC said it had directly targeted Oracle’s data centre in Dubai. “Iran Revolutionary Guards say they targeted Oracle data centre in Dubai,” the statement said. The claim could not be independently verified.

A story from the Indian media

https://www.youtube.com/watch?v=BdPnhTmpomE

The video mentions the heartless way the cuts were being carried out.

https://www.dailymail.co.uk/yourmoney/article-15698437/nike-stock-price-falls-woke-push-blow-face.html

Someone posted in the comments here... Please elaborate ?

whyh why why