Topics regarding layoffs at ACI Worldwide Inc.

Topics regarding layoffs at ACI Worldwide Inc.

New Board Members

One has been a CFO in various payment companies, so expect him to look at cutting costs even more. He is the chair of a point of sale company so maybe he can bond with Taco Man! The other has spent a long time at B of A before she left, and is now... — read more 

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| 1770 views | | 1 reply (March 25, 2021)
Post ID: @OP+19Z4VRfw

Sell us off what are you waiting for?

This place is good at one thing, screwing it's most valuable asset, the employees. Non-stop lay-offs of good people. Remaining employees doing 2-3 people's job. Pay is miserable! ELT gets promoted despite screwing up time and time again. New head of... — read more 

Snakes in the grass

This company made promises to lure new employees or to retain talent and cut some great people. I should have known better than to come back to this company. Lack of vision, poor implementation of product strategies, etc.

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| 1420 views | | 1 reply (March 16, 2021)
Post ID: @OP+19Sni6w4

CRO leaves after 5 months

Not good sign when Chief Revenue Officer leaves and ACI appoints engineer who was just named CTO to CRO position. New CRO knows nothing about sales or leading sales team. Disaster coming.

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| 1870 views | | 2 replies (last March 18, 2021)
Post ID: @OP+19vCseBW

Rearranging the chairs

The website has been updated for the ELT. First, the South African is gone. His positions have been distributed to 2 others. The 2 previous Group Presidents keep their employment going despite poor performance and zero people skills. Little... — read more 

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| 2860 views | | no replies yet
Post ID: @OP+18IJgqXd

When to exit?

Not sure if I should hang on and milk the company for as long as I can or if I should start looking for employment elsewhere. I’ve been with ACI less than 3 years and while it’s become my comfort zone I don’t want to have to face a future of... — read more 

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| 2380 views | | 1 reply (December 5, 2020)
Post ID: @OP+18fXZwYC

Sale is inevitable

I always wondered how Phil was able to roll out the same warmed over strategic vision each Investor Day, and how investors have tolerated almost zero organic growth for a long time. Finally someone has called them out on... — read more 

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| 2210 views | | 2 replies (last December 3, 2020)
Post ID: @OP+18dY60Sg

Accountability and Pay for Performance

https://www.salary.com/tools/executive-compensation-calculator/aci-worldwide-inc-executive-salaries?year=2019 Look at this list and then think about ACI's performance, and how they're making their numbers through layoffs. When top paid execs are... — read more 

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| 1570 views | | no replies yet
Post ID: @OP+17DlXIJ8

New CHRO

New CHRO comes from Fiesta Restaurants, which operates quick service chicken and Mexican restaurants. Also has experience in dying tech companies. I don’t blame him, and wish him well as I’m sure he was told about all the great things happening at... — read more 

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| 1770 views | | 4 replies (last September 10, 2020)
Post ID: @OP+16Ko7yN9

New CRO - which ELT will get cut?

Looks like the new CEO is adding new blood and focusing on organic growth. As this growth hasn't been there for the past number of years under Phil, and all of the ELT was there for that, who will be held accountable? I can think of a couple... — read more 

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| 1930 views | | 4 replies (last December 6, 2020)
Post ID: @OP+16pqUIiV

More layoffs in 2020?

I just saw the 2020 outlook in the earnings press release that contained: “ $10 million of one-time charges to implement cost reduction strategies. “ Either they are closing offices or doing a bunch of layoffs. Which?

Any news on layoffs?

Coming into layoff season at ACIW, any rumours or news? Saw they shuffled a couple of ELT positions around, wonder if that means something. Don't hear much here in the UK.

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| 1170 views | | 1 reply (September 25, 2019)
Post ID: @OP+11dYNVuT

They starting again

At least one of my friend in AOD security was fired today in Munich.

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| 1410 views | | 1 reply (November 2, 2018)
Post ID: @OP+VUhRA2Y

Another quarterly loss

Lower revs YoY, bigger loss than expected at 14 cents a share, all signs point to an imminent layoff. Any more news? How does head of sales keep her job?

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| 1620 views | | 2 replies (last October 30, 2018)
Post ID: @OP+UsqgRRi

AT least 80 to be laid off by ACI?

Your CHRO is sending out emails asking staffing vendors to help find jobs for about 80 employees who will be caught in the RIF. And hired an outplacement consultant as well. I'd say it's on. Is this reliable information? Anybody here know anything... — read more 

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| 1840 views | | 2 replies (last August 15, 2018)
Post ID: @OP+UiT4grz

Another layoff coming with reorg

Another reorg is coming soon and with it more layoffs. Expect Omaha and Waltham to be hit hard as well as any remaining teleworkers.

ACI Layoff 2017 JAN - 40 ppl laid off on 18th Jan 2016

Bangalore 25 , Pune 18, Rest in US got laid off in ACI on 18th Jan. ACI also laid on 18th Dec ,18th Nov and 18th Oct 2016 employees mostly from QE, AOD, and Managers, and DEV. Worst company to work for. Never ever join this company . To save them... — read more 

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| 3890 views | | 7 replies (last May 9, 2018)
Post ID: @OP+Lq30cfO

QE Application Development Manager

ACI is worst company believes in Layoff 110 people in UOB team got laid off this october including EVP Amla, Managers, dev and QE.

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| 2183 views | | 1 reply (November 24, 2016)
Post ID: @OP+KwRm8Bh

August 2015 Layoffs

I heard of more layoffs today. from a company perspective the number seemed small. What did anyone else hear?

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| 2073 views | | 1 reply (August 5, 2015)
Post ID: @OP+CNEy94O

may / June 2015 layoffs

Sorry to hear more people were impacted by layoffs recently. How many were there and what departments were hit? What was the reasoning this time?

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| 1961 views | | no replies yet
Post ID: @OP+C2p1kax

Another reorg?????

What is the word in cyber world? I heard a reorg rumors today that impact AOD.

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| 2100 views | | 5 replies (last June 17, 2015)
Post ID: @OP+B1HTwF1

Another round due to slow sales?

I would not be surprised to hear of another round of layoffs due to sales shortfalls. Is anyone else hearing any drumbeats?

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| 2000 views | | 2 replies (last March 11, 2015)
Post ID: @OP+Ask0V5o

On the leadership

Heasley is sharp but lacks strategic vision, Bahrens is OK, Byrnes is sometimes meak, Frate is average, Homberger is too slow, Purakayastha will continue to lay people off

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| 2290 views | | 1 reply (March 11, 2015)
Post ID: @OP+vPHMg4m

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