#company

https://www.reuters.com/business/finance/big-us-banks-explore-fiserv-network-deal-wsj-reports-2026-07-06/

Remember when T as a company was an innovator of new technologies. What was T's last successful innovation? They lost that culture and were duped into spending 100's of billions in mergers and takeovers only to have to sell them for pennies on the dollar. How did the once top innovator in the world miss the AI innovation?

Mr. Walton was the CRO for Fiserv pre-merger. Then one day he just disappeared. Does anyone know what happened to him?

What is the difference or how are they related?

Just heard of several people in support and professional services getting whacked today. Bloody Monday

After 6 months of no word, or strategy from the top level: 70% of my team just got RIFd.

The company is calling these "redundancies" however there is no way there is another team capable of carrying our projects forward.

Do we have any other operations in Canada now?

had a meeting with stuart before the break and he talked very excitedly about a 30% layoff due to AI investment. good luck everyone

When people say “be grateful the company is paying you”… please remember:

• you are trading skills and time for pay
• you don’t owe a billionaire a thing

Happy a happy week.

Not sure if this has something to do with pending layoffs?

POTUS’ words not mine. I wonder how he’ll be “repaid”? The great philanthropist is a fraud.

How is there a hiring freeze with new positions posted at a lower pay range? They are literally playing in our faces and it’s disappointing to witness.

I've been trying to stay on top of what's happening but I haven't seen anything concrete. Does anyone have any updates on the current layoff situation?

I do. I can't believe how much things have changed in the 12 years since I joined.

I think they've been waiting for the layoffs at Xbox to start so they can start using social media again after the no physical discs announcement. This whole situation would be fu--ing hilarious if it weren't so damn sad.

Does anybody believe that Massimo's flight got cancelled?

Any news?

It's happening soon right

Hearing rumblings.

Can we at least agree on that?

I despise it. And to think there was a time when I liked my job and I was proud to be working here. They've completely destroyed a once great company to the point that most employees are looking for a way out. I never thought I'd be the one saying it, but I truly hate this place.

Is that still in effect?

The worst decision of my career.

https://www.inc.com/amaya-nichole/nike-closing-stores-studios-offices-complete-list-for-2026/91367969

Is moonlighting ok during notice period?

Yes, there will be layoffs but no material planning has started. The metric which is bugging the ELT is that Seagate's opex is about $100M less per quarter than WD. They have structural advantages such as operating in N. Ireland and MN but nonetheless, WD will cut staff to try to match them.

Any new info?

Microsoft (MSFT) recently disclosed that it is parting ways with up to 2.5% of its workforce. Sometimes companies conduct layoffs because their outlooks have deteriorated, but it's unlikely that Microsoft is cutting employees because it is struggling.

https://finance.yahoo.com/markets/stocks/articles/microsoft-stock-outlook-remains-upbeat-221454081.html

The Genentech Research and Early Development are among the affected groups. This is not a great time to be laid off, so I wish all the best to all the affected folks. I think management has become too trigger-happy when it comes to layoffs and we'll be seeing much more of this before the end of the year.

But knowing how many of our jobs are being offshored - and not just at HCSC - it's a bit hard to feel all that patriotic.

How much trouble am I in? Were there any cuts planned for today?

I heard about someone getting an offer rescinded a week after they accepted it, no explanation given. Is that something that actually happens here often? How are supposed to backfill any positions if this is how candidates are treated?

I'm tired of seeing coworkers turn on each other. We're all in the same boat. The company doesn't care about any of us, so why are we wasting our energy on each other?

For those of you left behind, narcissist Leahy is going to hang on (at least) until the end of the Games of the XXXIV Olympiad. Good luck keeping the lights on while ducking the ever lowering deck of the CDW tractor!

Remember how the company lifecycle works:

1. Founder/Engineer – Builds a great product (Krasny)
2. Salesperson – Figures out how to sell it and grows revenue.
3. Professional Manager (MBA) – Scales the organization and optimizes operations (Edwardson)
4. Accountant/CFO – Focuses on efficiency, margins, and cost control (Richards)
5. Lawyer – Tries to manage the lawsuits, regulations, and decline (Leahy) <== You are here

250 Years Old - Wow!!

What are you proud of in this fine day?

Any news about cuts before the end of the month?

Every applicant is subject to approval. So they can control the numbers regardless of if more or less people applied than anticipated. For them to change the notification date by that much, I think there is something more going on.

How come the stock price is the same since dan joined? doesn't seem wall street believes verizon is an AI company....does this mean Hans will be back?