#company

What’s happening? It seems like every day there’s a new LI announcement with someone leaving.

Centra announced layoffs affecting approximately 90 employees. This represents about one percent of its total workforce. The changes are part of a company restructuring effort. Some laid-off individuals may apply for other open positions. Centra aims to reduce redundancies and improve efficiency.

Lynchburg, Virginia

https://www.wsls.com/news/local/2026/06/01/centra-to-lay-off-90-employees-as-part-of-company-restructuring/

Get those coffee mugs ready. And please be onsite to enjoy the viewing parties in person.
Thank you for your attention to this critical matter.

HR.

Centra announced Monday that it would be laying off approximately 90 employees, about one percent of Centra’s total workforce, effective this week as part of the company’s restructuring efforts.

https://www.wsls.com/news/local/2026/06/01/centra-to-lay-off-90-employees-as-part-of-company-restructuring/

Is this just lazy journalism and somebody reporting March cuts now or are we going to lose ANOTHER 2,500 employees? Does anybody know what's going on?

Or are they going to announce another however many thousands right after, and continue like that ad infinitum?

thoughts on this?

does not look good at all

• Yield10 Bioscience filed for Chapter 11 bankruptcy and entered liquidation in 2024.
• In January 2025, Nufarm Limited acquired substantially all of Yield10's assets.

• The transaction marked the end of Yield10's standalone operations as a crop-trait engineering company.

• Assets acquired by Nufarm:

  • Entire Camelina R&D portfolio.
  • Intellectual property for:
    • Omega-3 production
    • Herbicide tolerance
    • Bio-energy traits
  • Early-stage bioplastics (PHA) research.

• Integration and future plans:

  • The Camelina platform was integrated into Nuseed, Nufarm's seed-technology division.
  • Nuseed plans to expand omega-3 products for:
    • Aquaculture
    • Human nutrition
    • Pharmaceutical applications

• Company status:

  • Yield10 Bioscience (formerly Metabolix) was delisted from Nasdaq in May 2024.
  • The company was liquidated.
  • Its stock transitioned to bankruptcy trading status under ticker YTENQ.

• Additional sources:

  • Nufarm and Nuseed corporate communications provide updates on the acquired technology platform.
  • Yahoo Finance (YTENQ) provides historical financial and legal information.

https://www.crowdstrike.com/en-us/press-releases/crowdstrike-named-a-leader-in-the-2026-gartner-magic-quadrant-for-endpoint-protection-for-seventh-consecutive-time/

Cisco, nowhere to be found? Who was in charge of SBG products, then and now (G2)

Heard they are no longer publishing the eNPS Score - so it must be really bad and i love it for them, but sadly no one will care.

Have decisions already been made for notifications later this month?

I just thought it funny that TheLayoff's blurb on VZ hasn't been updated in 13yrs, and boy have the numbers changed since then.

Question in title. Alleged rumors that everything is supposed to be kept quiet for awhile

Our VP scheduled a 15 minute meeting today regarding an "organizational update." Has anyone else had similar meetings or received any news today? Curious whether this is part of broader organizational changes or if there may be another round of layoffs occurring. Any insight would be appreciated.

HC discussions ongoing. Don’t get too comfortable … stay safe.

I see jobs posted online yet the CEO wants to do more with less. Who knows which way this will go.

Halliburton just lost 80 percent of frac contracts to Gore Nitrogen.
3 frac crews and 1 cement crew walked out at Duncan field camp this morning.

Did anyone else notice this? The session went on for about an hour. The recording is 40 minutes long.

Noticeably missing: some of Hamid's comments about corporate taxes and how to best handle the $40 billion windfall from spectrum sales, Hamid's comments about how the "rich guys" benefit from certain tax practices, and most notably, that kind of joke question about whether we'd see any part of that sale in our 401Ks (and Hamid's response that he'd have to see it in his 401K first).

Did anyone else notice this, or am I going crazy? Did they actively edit out the more tone-deaf and uncomfortable parts of that session?

It’s been something.

What did they drop and what services were kept?

Did anyone hear anything today? Sounds like today is the day based on the email from EK.

According to this CNBC story, CVX is leading companies like Google and Microsoft in adopting AI. Really?

(https://www.cnbc.com/2026/06/01/nvidia-meta-walmart-among-top-companies-adopting-ai.html?__source=iosappshare%7Ccom.microsoft.msedge.OpenExtension)

First Marcellus, then what?

Stock at € 168.30 / $ 181.79.

There is no need for layoffs. Looks good for all of us.

Wow, stock right now at € 168.80 / $ 181.79.

There is no need for CK and DA to lay off people now. Looks good for all of us.

Not sure how to do something? Fu-k you. Got a question? Fu-k you. Need some help to understand something? Fu-k you.

Spend 2 hours researching or start a ticket and wait 5 days for a response. What a waste of my time.

Hearing its kicking off today. Anyone else hear the same thing?

Psychobabble email from the "dealers" i mean...leaders this morning.

Blah blah blah, we have no money. Please dont quit.

F*cking deadbeats.

Rumours sold announcement soon

USG announced at a company wide meeting last week that layoffs are planned in the next month. USG is not making their revenue targets.

There were some rumors of more cuts at the start of June, what happened with that?

It always amazes me how cr-ppy I fiserv treats their clients. Bad pricing, strong arming negotiations because they are fortune 500 company and it’s hard deconvert , and allowing people with little regard to how they impact that client and even the economy, the slightest increase are passed down to its card holders, but sometimes the increase that Fiserv gives are really high and then question why people make drastic decisions to choose other vendors leave like if they’re the only ones that offer this service… maybe yes it’s hard to leave but once they get to leave, they are leaving. Like stop putting your profits over clients - stop putting your profits over employees and maybe and just maybe your stock will make it over $70. Should be ashamed of themselves. This is what happens when you merge with a sh-t company, place the same sh-t company leaders in high positions after the merger and wonder why it’s going to sh-t. Change your leadership.. change your culture.

The latest circling HQ is anyone with a “manager” title without direct reports is going to be demoted to specialist / coordinator / analysts whatever the respective position would be. Hearing minor impacts to base pay but would impact bonus % and stocks.

So many layers, so much waste.

We have, by far, the worst recursive management hierarchy in the entire industry.

And they know it.

Absolutely fascinating data and insights into the gluttonous IBM executive insider trading going back to 1994. Many of the execs are granted tens of thousands of shares of IBM stock and then immediaely sell them for millions of dollars.

https://www.barchart.com/stocks/quotes/IBM/insider-trades?orderBy=amount&orderDir=desc

For example the guy who destroyed IBM when he came in like a king 4-1-93 G Man Gerstner sold $350,000,000 (!) in IBM stock he was awared as grants in just 3 yrs 1998-2001!!!

Perhaps someone much better with data analytics can play with this site and come back and show us to absolute greed these people have done as they cut the IBM US population by 75% +/-. STUNNING!!!!!!!!!!!!!!!!!!!!!!!

Another example IBM Vice Chairman Gary Cohn (typical slimy Wall St guy and invisible at IBM for the last 5 yrs, 25 yrs @ Goldman Sachs) seems to have been given and then quickly sold $66,000,000 of IBM stock in 5 yrs!

And of course our beloved and humble CEO Arvind...please find a chair...he seems to have amassed (ie awarded himself) 658,000 IBM shares...At closing price of $300....that is $197,000,000!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

When are the layoffs?

UHG is listed as a sponsor for the Freedom 250 event. I mean I’m not surprised.
https://freedom250.org/

What happened today? Why are there so many meetings today? Any announcement coming up ?