#news

This is the thing we're not talking about enough. https://www.startribune.com/us-bancorps-ceo-pay-increased-14percent-in-2024/601233686

U.S. Bancorp’s CEO pay increased 14% in 2024
Andrew Cecere realized $15.9 million in total compensation for 2024

Is anyone else hearing January 27 mentioned as a possible date, or is this just isolated chatter?

Well.... we told you so, us ex-sprint folks! Everything Sprint touches gets burned to the ground!

Interesting to see how the Amazon layoffs news spread across 52 different sources over the past few days. You can track the timeline of how this story evolved at https://yandori.io/news-flow/ - shows which outlets broke it first and how it propagated through media.

Not sure about layoffs but here we go...

GSK Acquires Rapt Therapeutics for $2.2 Billion

https://www.fiercepharma.com/pharma/astellas-ceo-bd-plan-takeda-us-layoffs-chugai-chase-name-recognition

The pharma industry saw several significant developments. GSK acquired Rapt Therapeutics for $2.2 billion, primarily for a phase 2 food allergy dr-g. Takeda is laying off 243 U.S. neuroscience employees ahead of Trintellix's patent expiry. Pfizer sold its 11.7% stake in ViiV Healthcare to Shionogi for $1.9 billion. Astellas CEO stated the company will not pursue "rescue BD" despite an upcoming patent cliff. Chugai seeks greater name recognition and external partnerships as part of its long-term strategy.

Moonshot Games Reduces Staff to Support Wildgate

https://xboxera.com/2026/01/23/moonshot-games-developers-of-wildgate-confirm-layoffs/

Moonshot Games confirmed employee layoffs to media outlets. This decision aims to continue supporting their game, Wildgate. The parent company, Dreamhaven, released a statement regarding the changes. Wildgate's recent Epic Games Store launch did not sustain the entire development team size. The studio plans future content updates for the game, including a progression system.

Nuff said...and yes layoffs are continuing...

Got the news 3hrs ago!!

👀

https://uk.finance.yahoo.com/news/citigroup-extends-global-workforce-reductions-170010907.html

It seems like the beginning of a trainwreck.

Coming next week.

Any explanations on why the Stocks are going down ?

https://www.reuters.com/world/citigroup-lay-off-more-employees-march-sources-say-2026-01-23/

Apparently there is a big PepsiCo brand PR announcement tomorrow. Anyone know what it could be?

What happened? Can anyone share how it went down?

Some anti-layoff in Virginia..

https://www.youtube.com/watch?v=A-lBRc4Qm0U

Please keep this thread alive by sharing any updates or new information. Let’s keep each other updated.

It also appears that more layoffs may be in Ubisoft's future too. We already knew that their Halifax studio is being shuttered, but according to VGC, the company is also considering the sale of other assets. On top of this, CFO Frederick Duguet said, "There are some people who will be refocused on other big projects, and some may leave the company." An exact figure wasn't specified in terms of staff members being moved or laid off.

https://www.rockpapershotgun.com/prince-of-persia-the-sands-of-time-remake-and-more-cancelled-by-ubisoft-with-layoffs-potentially-on-the-horizon

https://www.phonearena.com/news/t-mobile-reportedly-starts-letting-some-employees-go_id177505

Like and share, if you want

https://www.pacermonitor.com/public/case/62513869/Avaya_LLC_v_ConvergeOne,_Inc

https://www.bloomberg.com/news/articles/2026-01-20/wells-fargo-plans-to-move-wealth-headquarters-to-west-palm-beach

Bye Bye STL

Been hearing that stock together is going to be nixed going forward

Hope you all have your webcast lingo bingo cards ready……..

https://www.women.com/2036108/erika-kirk-full-transformation-through-years/

Just saw it in my linkedin feed. Incorporated on 12/5/25 and beginning operations in 1/2026! Curious timing!

Maybe those of us with working Edison machines can get an adapter kit for our machines.
That would give us the added ability to do Alzheimer's diagnosis, in addition to the standard suite of tests we can do now.

https://www.bbc.com/news/articles/cq5y85e8d2xo

https://www.lightreading.com/broadband/california-approves-verizon-frontier-deal-with-conditions

Lots of conditions to be met for this merger.

This place plans to get rid of you for any reason they can find now. Make it hard on them. Keep key notes out of reach, dont give all details and important bits of pertinent info when training, dont save anything where they can access what you created while here. Make it difficult . Stick it in on them every way you can think of. Why should your hard work be used after they cut the cord for made up reasons. They dont want to give merit so give them the performance they claim you earned. This is all going to burn them big time and im not sad about it. I hope we get too witness it or read about it in the news

This is an ominous sign. https://www.politico.com/news/2026/01/17/trump-jpmorgan-debanking-lawsuit-00735544

What is up with the news? About 10K jobs have been eliminated this month (January) and not a single news article, posting, etc. anywhere... where are the biz reporters?

How can anyone trust the news and media when a story like this doesn't even make the LinkedIn news feed?

Inquiring minds want to know.

https://dos.ny.gov/system/files/documents/2023/09/f-2023-0525.pdf

Anyone have an update here ?

Don’t know the full scope but it appears to be pretty significant. Lots of senior folks included in the cuts.

https://www.boredpanda.com/billionaire-changes-name-of-boat-after-realizing-what-it-spells-backwards/