#merger

Posts mentioning hashtag #merger

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Budget cuts related to DT merger?

Everyone is being asked to cut back on everything from coffee supplies, toilet paper, janitorial, repairs, etc. and it’s barely halfway into second quarter… what’s going on? We usually don’t see this until late in the year. Plus with the staffing cuts, it’s not making sense this early. Does anyone think this is for a DT merger?


Pensions

Kelly King and Bumbling Bill made an agreement when Gargamel took over that he wouldn’t remove the pension for 10 years. Not sure if that was the day of the merger or the day Gargamel took over. But the pension will cease to exist in way less than 10 years.


Dow Jones Eliminates Multiple Union Positions

IAPE 1096 confirmed Dow Jones is reducing staff. Editors were asked to volunteer for layoffs in a department merger. This merger aims to cut ten editorial positions by August. Additionally, 28 union positions in Technology departments will be eliminated. In total, 42 IAPE-represented employees are affected by these changes.

New York, New York

https://talkingbiznews.com/media-news/wsj-union-confirms-editors-asked-to-volunteer-for-layoffs/


HMSers

Does anyone know why all of a sudden there is a huge divide between Gainwell and HMS? The messaging at first it was we are one company. These past couple of months it’s been shown we are NOT one and was verbally told to separate from them. You see it in their actions. W are treated like the red headed stepchild! We bring in so much money but we’re treated like we don’t even exist. They never wanted us and that’s okay. Does anyone know if we will be sold soon or the sudden direct change of heart? Is it time to move on?


BT x Verizon (VBG) partnership / buyout / merger: what have you heard?

As someone in EMEA in professional services (cyber security consulting) at Verizon, we're hearing a lot regarding the potential for certain business units to be sold off to BT to boost their capabilities. What you have you guys heard? In EMEA it was looking like a collective dismissal first, but now it's looking more and more likely that a sell off will take place instead.


Board shenanigans

What were these secret foscussions that caused a clash between a board member and AM? The discussions have been described as a “deal” and “sensitive negotiations” and “essential discussions”. The plot thickens. It could range anywhere from something relatively small to - dare I say it - a merger/buyout. Let the speculation begin.


The lack of quality people leaders is to be expected

You have to understand that leadership rolls at Verizon are often essentially glorified IC positions. It’s a remnant of all the mergers and acquisitions that formed Verizon. There is not enough pay growth in actual IC positions here. There are not enough band 5 level IC positions. So IC’s take manager rolls simply because there are more of them. Then they get those rolls because of their performance or relationship’s established while being a decent IC. So the lack of quality people leaders is to be expected. The reality is you could collapse Senior Manager, Associate Director into one roll across the company and not miss a beat. I suspect you could even collapse Director into that single roll with little impact depending on the business unit.

Bumped from @aq+1kr3jr1wf.


Terex Closes North Bend Facility

Terex plans to close its North Bend plant. This decision follows a recent company merger. Terex merged with REV Group. Up to 117 employees may face layoffs. The plant is located in North Bend, Washington.

North Bend, Washington

https://www.bizjournals.com/seattle/news/2026/05/26/terex-genie-rev-north-bend-washington-aerials.html


Pittsburgh Public Theater Staff Reductions Precede Merger

Pittsburgh Public Theater confirmed staff layoffs. This action occurred amidst its merger with Pittsburgh CLO. Ongoing financial constraints led to the reductions. Artistic director Shaunda McDill was among those affected. The new merged entity may create future positions.

Pittsburgh, Pennsylvania

https://www.wesa.fm/arts-culture/2026-05-20/pittsburgh-public-theater-announces-layoffs-in-advance-of-merger


Bill is Hot mad

I’m hearing that Bill is super angry that some wall st analysts caught him over dinner and informed him that our advisory fees in Wealth are way lower than the industry. Word is the old Scott & Stringfellow advisors gave giant discounts and they complain anytime they are minority inconvenienced so Wealth leadership ignored it for years. Turns out we were leaving hundreds of millions of lost revenue on the table. Guessing some leaders in Wealth that have presided over things since merger might be feeling their seat get warm finally.


Paramount-Warner Bros. Discovery Merger Boosts Pennsylvania Economy

The proposed merger between Paramount Skydance and Warner Bros. Discovery could create new jobs in Pennsylvania. Shareholders approved the deal in late April. This merger is presented as a way to prevent Netflix from forming an entertainment monopoly. Pennsylvania's film and television industry is a major source of employment and economic output. Some lawmakers oppose the deal, citing concerns about business consolidation, but the article argues it is vital for the state.

https://www.pennlive.com/opinion/2026/05/pennsylvanias-film-jobs-depend-on-a-merger-washington-might-block-opinion.html


Spinoff or merger?

I’ve been thinking ELT is setting everything up for a merger, for awhile now. But lately I’ve started to wonder about a spinoff instead. All this talk about segments… core, new to wealth and high net worth. Think there might be a plan to create the segments in order to spinoff or sell one or two of them?


Michigan’s workforce may benefit from the Paramount-WBD merger

Paramount Skydance proposes acquiring Warner Bros. Discovery. This merger aims to build necessary scale for global competition. The combined company expects to invest in more content production. Increased production will create more jobs for skilled workers. This deal offers growth against current industry contraction.

Detroit, Michigan

https://www.aol.com/news/paramount-wbd-merger-could-good-223158974.html


New operating unit merges cardiac surgery and aortic

From LinkedIn just now, from Karim Bandali:
"I am excited to share the creation of a new Operating Unit at Medtronic focused on Cardiovascular Surgery. Today, we unite Cardiac Surgery and Aortic — each with deep expertise, talented people, and a shared commitment to patients and clinicians."


Passage Bio Cuts 75% Staff After FDA Decision

Passage Bio will reduce its workforce by 75%. This follows tough feedback from the FDA regarding its lead gene therapy. The FDA did not support a single-arm trial for the PBFT02 candidate. Passage Bio has also launched a strategic review for the company. This review includes exploring options like a merger, sale, or partnership.

Philadelphia, Pennsylvania

https://www.fiercebiotech.com/biotech/passage-launches-strategic-review-and-75-layoffs-after-gene-therapy-path-blocked-fda