#news

https://www.reuters.com/legal/transactional/blackrock-cut-around-250-jobs-latest-layoffs-2026-01-13/

Wells Fargo Clearing Services agreed to pay a $1.25 million fine and accept a censure from the Financial Industry Regulatory Authority for failing to properly resolve 493 municipal securities trades across a seven-year stretch, according to a settlement letter released last week.

According to the letter, Wells Fargo Clearing Services, a broker-dealer subsidiary of Wells Fargo, failed to close out hundreds of inter-dealer municipal bond transactions on time and did not promptly obtain possession or control of customer securities tied to those trades.

The violations spanned more than seven years, from November 2016 through November 2023, and involved $14.4 million in municipal securities.

https://www.fa-mag.com/news/wells-fargo-clearing-fined--1-25m-for-493-muni-bond-violations-85455.html

Big news coming in February - widespread layoffs expected.
All areas of the business affected, with a heavy focus on sales. Brace for impact. The numbers are staggering.

https://www.thestreet.com/automotive/gm-puts-6-billion-price-tag-on-latest-mistake

Can anyone say: More Layoffs/restructuring coming?

Any layoffs today

Ok so are we sure layoffs are expected over these next 3 weeks. Per sources on here should we be expecting some news of layoffs over these next 3 weeks. If anyone has any information please share. Thank you.

https://se7en.ws/mass-layoffs-at-warner-bros-games-key-employees-affected/?lang=en

GameStop is closing hundreds of U.S. stores in early 2026 as part of a cost-cutting strategy to pivot from physical retail to digital and collectibles amid declining sales. CEO Ryan Cohen's $35 billion incentive fuels criticism, with employees facing abrupt layoffs. This reflects broader gaming industry shifts toward online dominance.

https://www.webpronews.com/gamestop-to-close-hundreds-of-us-stores-in-2026-digital-shift/

Rockstar Games adopted strict internal measures by firing dozens of employees involved in sharing information about Grand Theft Auto VI. Essas actions occurred after discussions on external channels considered insecure, which included unauthorized people.

https://www.mixvale.com.br/2026/01/10/rockstar-indirectly-validates-leaked-gta-6-details-with-employee-layoffs-on-insecure-channels-en/amp/

https://www.theregister.com/2025/11/12/retail_giant_kingfisher_says_no/

Goldman Sachs begins laying off staff on Jan. 11 in a broad restructuring that targets investment banking and global markets roles and aims to cut $1.3 billion in operating expenses over three years. The moves reflect a strategic push to redeploy capital into priority businesses and technology, but the scale and timing remain unclear and could reshape hiring, compensation and offshore staffing across the industry.

https://www.prismedia.ai/news/goldman-sachs-begins-major-layoffs-in-aifueled-cost-push

https://sg.finance.yahoo.com/news/cisco-csco-unlikely-pursue-axonius-231333205.html?guccounter=1

TD Cowen also noted that names like SentinelOne, Varonis, and Tenable could attract interest from strategic and financial sponsors.

Telfair Museums cut about 15% of staff amid funding shortfalls; former employees describe abrupt Zoom firings and question the board-approved restructuring

https://www.wjcl.com/article/i-didnt-get-to-say-goodbye-telfair-museums-lay-off-15-of-staff-friday/69965645

Goldman Sachs is set to begin layoffs on January 11 as part of a wider shake-up centered on its investment banking and global markets teams. The cuts are aimed at saving $1.3 billion in operating costs over the next three years, as the bank shifts capital toward its top businesses and technology.

https://www.prismedia.ai/news/goldman-sachs-begins-major-layoffs-in-aifueled-cost-push

Numerous UK newspapers picking this one up over the weekend, including The Times, The Daily Mail, and others.

No doubt their risk exposure / scrutiny with the regulators will increase as they continue to offshore UK and USA product roles and resources to India on the cheap. Looking at the numbers cited in their financial reports, JustGiving is a total cash cow!

https://www.thetimes.com/uk/law/article/justgiving-investigated-misled-profit-tips-bdnjdhqnz

https://www.dailymail.co.uk/news/article-15450203/JustGiving-investigated-claims-uses-underhand-tactics-money-donors-order-boost-profits.html

Via new republic.com

“You’re all gonna do very well—Marco just gave me a note. ‘Go back to Chevron, they want to discuss something,’” Trump read, turning to look at Chevron Vice Chairman Mark Nelson. “Go ahead, I’m going back to Chevron, Mark.”

Rubio grimaced uncomfortably, as Trump patted him on the back. “Thank you, Marco,” he said.

“Was there a question, Mr. President?” Nelson asked.

“Yes, go ahead Marco, what are you saying here?” Trump asked, inspecting the note again.

In the CFP final.. let’s talk about it.

I just finished a great meeting with the very successful Intel CEO, Lip-Bu Tan. Intel just launched the first SUB 2 NANOMETER CPU PROCESSOR designed, built, and packaged right here in the U.S.A. The United States Government is proud to be a Shareholder of Intel, and has already made, through its U.S.A. ownership position, Tens of Billions of Dollars for the American People — IN JUST FOUR MONTHS. We made a GREAT Deal, and so did Intel. Our Country is determined to bring leading edge Chip Manufacturing back to America, and that is exactly what is happening!!!

https://truthsocial.com/@realDonaldTrump/posts/115861537483492504

Are lining up at the crystal palace as we speak.

https://www.msn.com/en-in/news/India/this-ex-microsoft-indian-techie-is-now-sweeping-streets-in-russia-for-rs-1-lakh-per-month/ar-AA1TSC7e

Hello, 2026 please don’t be worse.

https://www.mlive.com/news/2026/01/ups-closes-up-north-location-amid-the-companys-largest-reconfiguration.html?outputType=amp

https://techrights.org/n/2026/01/09/No_Microsoft_Did_Not_Deny_the_Q1_Mass_Layoffs_Microsoft_Can_Del.shtml

Contradicting the earlier tweet.

slowly fading away......

Not many mentions lately, is that a good sign?

https://news.sky.com/story/tpg-closes-in-on-1bn-plus-deal-for-gp-patient-records-system-supplier-13491127

TPG closes in on £1bn-plus deal for GP patient records system supplier
The buyout firm is close to buying Optum UK, which supplies the systems used by NHS doctors to manage patient records, from US giant UnitedHealth, Sky News learns.

Anyone know the extent of today's layoffs?

RJ reign begins.

https://www.wealthmanagement.com/regulation-compliance/federal-court-sanctions-envestnet-for-destroying-evidence-in-trade-secrets-case

Has anyone had luck with attorneys to reclaim severance or bonus?
If you're interested in speaking to a reporter, reach out to: sabrina.kharrazi@ft.com

https://www.msn.com/en-us/autos/news/ford-says-its-record-breaking-recall-year-is-actually-a-good-thing/ar-AA1TCIDq

Let us all raise a glass to the first recall of 2026! Let the season begin!

https://autos.yahoo.com/safety-and-recalls/articles/ford-recalls-almost-273-000-230000826.html

As someone who is not an employee but is worried, I'd appreciate if you all can share what's happening day to day. Hoping this thread continues, I am just initiating for today .

UHC is dropping about 1 million MA members in 2026... any news as to how many care coordinators will be laid off?

CEO Richard Baker steps down and now they need $1 billion to keep the doors open. It's over. Start looking for a new job.

https://www.calcalistech.com/ctechnews/article/bjxge1de11l

For Jan at least…

https://www.newsweek.com/list-companies-layoffs-employees-january-11293493