#company

Is "cribbing" a new US Bank slang? What does it mean?

With such major org changes of VCG, will VCG safe for some months?

And so it begins .....

https://natlawreview.com/press-releases/bronstein-gewirtz-grossman-llc-initiates-investigation-allegations-1454

"Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of International Business Machines Corporation ("IBM" or "the Company") (NYSE:IBM). Investors who purchased IBM securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site."

Curious to know what's going on with MBP (Modern Banking Platform)? It seems like it got hit with layoffs recently. I've heard rumors about it struggling lately to gain traction as a proven core solution.

I find it highly oxymoronic (with the emphasis on mo--nic) that we have these departments that take their work so seriously, use unbelievable amounts of academic rigor to try and solve problems and come from the highest caliber business schools and academic institutions while we see stock prices in free fall and continuous service area exits and RIFs. Maybe things need to be simplified, not iterated with more rigor and wonderfully polished vocabulary in presentations. This place is full of contradictions.

I would have thought that air quality being in the hazardous range would have been justification to work from home but I reckon not.

https://www.fiercehealthcare.com/payers/look-elevance-healths-push-streamline-clinical-reviews

Does he have any responsibility as a special advisor? Specially it was hard day yesterday

As if Oracle needed any more weight added to the anchor around it's neck that is OpenAI.
This is sooooo bad, like devastating.

https://www.youtube.com/watch?v=NERGlrA0Rqs

https://arstechnica.com/tech-policy/2026/07/apple-sues-openai-after-ex-engineer-allegedly-used-bug-to-steal-trade-secrets/

Divebombing into oblivion
Dying along with Larry

Commonwealth has recently implemented layoffs affecting its home office staff. These workforce reductions are occurring in anticipation of the company's conversion to LPL. Affected employees are expected to remain in their positions through the end of 2026. The article does not specify the exact number of employees impacted by these layoffs. Further details regarding the conversion process are also not provided.

https://citywire.com/pro-buyer/news/exclusive-commonwealth-lays-off-home-office-staffers-ahead-of-lpl-conversion/a2494349

https://www.crn.com/news/channel-news/2026/cdw-cuts-jobs-as-ai-cost-cutting-drive-takes-hold

I do not know why, but something about every post here on this site brought me to this old fav video. Yeah, I am GenX, interpret as you want, its art, but relevent lol

Verizon is selling 274 retail locations as part of a restructuring effort. This move will also result in the layoff of approximately 500 corporate employees. These actions are expected to impact around 3,000 retail and corporate staff in total. Following the sale, Verizon will retain ownership of 1,000 stores. This follows previous job cuts announced by the company.

https://finance.yahoo.com/markets/stocks/articles/verizon-shed-274-stores-lay-160739807.html

Anyone else get this invite for 3:30pm eastern? Is it an all clear or doom?

After all these layoffs I might make a president's cabinet next year....

https://www.reuters.com/business/world-at-work/verizon-shed-274-stores-lay-off-another-500-corporate-employees-2026-07-16/

Any layoffs confirmed for Verizon Business Group?

Those on my team always manage to survive.

Multiple people let go yesterday, as part of a \company-wide restructure; total count unknown at this time, effecting all branches of the company aside from SECOPS.

Batter up!

Any one else rif'd at HQ?

https://www.reuters.com/business/world-at-work/verizon-shed-274-stores-lay-off-another-500-corporate-employees-2026-07-16/

Are we getting out now or riding it out and seeing what happens? Trying to decide if it’s better to jump ship now or wait and see if they clear house if/ when we are sold… maybe can get a severance that way but then will be competing with others looking for jobs at the same time

Have all the notifications been sent out by now?

Could it be?

How many people on this site are commenting with perspectives from Retail vs Corporate functions?

Heard rumors days prior but haven't heard much, out here in the west coast down in the SD team????

https://www.wheresyoured.at/the-openai-bubble/#the-ai-bubble-is-an-openai-bubble-%E2%80%94-to-a-mortal-end

product team marketing team and multiple managers non need major impact nothing else.

I don't want to get too hopeful, but it seems these layoffs are above my paygrade, to put it like that.

when will it be clear? eastern time

Not sure where else to ask this, so will do it here. Curious what RTO looks like for different groups across T-Mo. I have a feeling it is not being applied consistently across different organizations. If you reply, please state days per week you are required to be in the office and what organization you are in.

From what iv been hearing it was a bloodbath yesterday... but I'm having trouble finding out details as to who, what, when, where and why? if anyone knows details please post below!

Its more like your position is not impacted it’s who you will be impacted. Happened to me

Now that I have your attention..,

IBM CEO Arvind Krishna tries to run a tight ship, but his legacy is famously marked by aggressive restructuring, massive stock plunges, and replacing human brains with AI.

Oh, Arvind Krishna sat in his chair,
With billions to make and a plan to prepare.
"Let’s fire some humans!" the CEO cried,"
And sweep our old mainframes all to the side!"

He gazed at the servers, the cloud, and the code,
While trimming the headcount along the dark road.
He aimed for the future with bright, shiny eyes,
But instead of a rocket, the stock took a dive!

He promised us Watson would cure every ill,
But the clients just yawned and refused the red pill.
When large deals all stalled at the end of the year,
He wrote us a letter confessing the fear:
“We failed to adapt, yes, we faltered quite fast,
And seventy billion just vanished at last!”

So here’s to the boss who replaced us with bots,
While hoarding his millions and tying in knots.
Just remember to breathe when your mainframe goes down,
And King Arvind smiles from his deep-learning crown.

This chick has this pre-recorded call at 8am with an email to get on this call at 745. Pre-recorded and just sounding so heartless and then click, call over in 5 minutes. 2 decades I've given to this company and it's all gone. No, thank you for everything you've done over the years, personalized by anyone. Just a default message like it's a voicemail. This fu--ing company has become so heartless.