#news

Any updates on this topic? Also, are there any hints about potential buyers?! saw the earnings - ADM performed quite well.

Ugh

https://apple.news/A9HybH5OHQS6NMhi0XheMEw

4.3 percent. That is from Reuters.

any news?

Something big is going on and there should be big news announced soon, does anyone has any clue?

I mentioned earlier that it would be good to subscribe to Ignites.
The Boston Globe just put out an article titled "Fidelity Cutting About 1000 Jobs But Hiring More Than 5000, What Gives"
I am not going to subscribe to the Globe, but I'm sure it's an interesting read.

I started with Fido when Reagan was president, now I'm retired. I've seen how they have been able to keep bad news out of the media or at least they control the narrative. Ignites is a great newsletter for the financial industry that sometimes has news before it breaks. I signed up for free using my company email when I worked there.

I’ve heard 5000 and I’ve heard 10,000.

Any news?

https://share.google/lMIH9G6uLhPZau0in

just seeing this all now. can someone give me an outsider's perspective of what happened?

Is there an announcement date for this or is the news just slowly spreading quietly through each org? I haven’t seen anything in the news, but I guess that’s better for our sagging stock price. Or maybe not, you’d think cutting the fat around here would be good news to investors.

https://finance.yahoo.com/sectors/technology/articles/chinese-engineering-american-production-could-140006620.html

PayPal Holdings Inc. plans to cut thousands of jobs as new Chief Executive Officer Enrique Lores...
LOL!

When are these layoffs supposed to happen? There have been posts about it here but nothing is going on. Fill us in!

https://www.wsj.com/business/autos/ford-ev-electric-truck-7fdb0e0a?mod=RSSMSN&fbclid=IwY2xjawRm8j1leHRuA2FlbQIxMABicmlkETFVOEUwNVMzU1ZvUGVmYjltc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHurj8Q72uCnyj2qU_pbTBTThzpt4YnF71Rr8HvfnTZzsNdZT6a61B7P_wnsZ_aem_vdiIWp8B1pnJUn06hQWNiQ

TAM Ireland Selects Fifty5Blue as New Audience Measurement Provider

https://www.tamireland.ie/tam-ireland-selects-fifty5blue-as-new-audience-measurement-provider/

Another big week incoming for the VZB side? Not much going on over there from the looks of it.

https://share.google/owfhHRl6HChSaqMRu

https://www.tomshardware.com/tech-industry/artificial-intelligence/chinese-court-rules-companies-cant-fire-workers-just-because-ai-is-cheaper-ruling-says-automation-alone-doesnt-justify-layoffs

https://www.wtnh.com/news/connecticut/hartford/hundreds-of-layoffs-to-begin-at-stanley-black-deckers-new-britain-plant/

https://www.tomshardware.com/tech-industry/artificial-intelligence/chinese-court-rules-companies-cant-fire-workers-just-because-ai-is-cheaper-ruling-says-automation-alone-doesnt-justify-layoffs

Can you hear me now?

WARN notices indicate ongoing U.S. company layoffs in May. These notices provide public indicators of large job cuts. Companies across various industries are announcing reductions. Meta plans to lay off 8,000 global employees starting May 20. Other firms like Swedish Match and GDIT also announced cuts.

https://www.newsweek.com/list-of-companies-laying-off-employees-in-may-11859936

A lot of folks being lead out of the business.

https://time.com/article/2026/04/30/oracle-layoffs-ai-tech-jobs/

RB and folks were sacked after an Investigation.

Looks like a decent sized one at the end of May. I was asked for 2 names today. I have a peer in another old Tesmer team that had to give some too. Seems like it might be pretty good sized.

This bill would prohibit an employer from using an ADS to perform certain functions and would limit the purposes for and way in which an ADS may be used. The bill would authorize a worker to request, and require an employer to provide, a copy of the most recent 12 months of the worker’s own data primarily used by an ADS to make a disciplinary, termination, or deactivation decision, as specified. The bill would require an employer that uses an ADS to assist in making a disciplinary, termination, or deactivation decision to provide the affected worker with a written postuse notice, as specified.

https://www.yahoo.com/autos/ev-and-future-tech/articles/chinas-byd-ev-secures-over-010000775.html

https://www.statnews.com/2026/04/30/elevance-health-fraud-doj-says-access-blocked-key-witness/

https://giftarticle.ft.com/giftarticle/actions/redeem/57d09c6b-4e73-4df8-888c-debd123349ec

So what does this mean?

https://www.vistancenetworks.com/press-releases/2026/vistance-networks-to-sell-its-ruckus-networks-business-to-belden-inc.-for-$1.846-billion

Starting 9/26 employees are told to be in office 5 days per week. No doubt BNY will follow the same mandate as they they are always in lockstep with the other financial companies.

https://www.bostonglobe.com/2026/04/29/business/fidelity-return-to-office-five-days-boston/#:~:text=Fidelity%2C%20which%20employs%20more%20than,immediately%20after%20the%20Great%20Recession.

Did anyone else just basically shut down mentally with the news today?
Really struggling and doomscrolling. This is going to su-k.
Did any work get done today or did we all just fall into a mental void.