#company

Looks like the party is over.

Court TV has implemented layoffs as part of a significant operational change. The company is planning to shut down its entire television network. This decision will lead to job losses for employees across the organization. The closure of the Court TV network is scheduled to take place in March. The specific city and state where these layoffs are occurring were not mentioned in the headline.

https://thedesk.net/2026/02/court-tv-layoffs-shutting-down/

How is it people? Did they bring their mixed bag attitudes?

If you poke around some of the other company layoff pages, almost none seem to be as active as this one. Bank of NY Mellon is pretty dismal, but still lacks the sheer volume. Citi folks don't seem happy either, but even less volume there. Why does Wells Fargo seem to have the most vocally unhappy workforce? Is that a sign of how bad it actually is?

Simple search tells you about it. Chevron and other companies use “Aware” software to monitor us. Consider this an OE moment

Will mandatory RTO for the rest of the organization ever come? It’s a shock it hasn’t happened yet as a soft RIF. Does anyone have insight?

There's no way IBM won't feel some residual effect from this.

https://www.wsj.com/business/c-suite/kyndryl-finance-chief-wyshner-leaves-amid-accounting-review-167cd93d

The company also cut its guidance for the year after posting third-quarter results below Wall Street expectations

By: Colin Kellaher and Elias Schisgall
Updated Feb. 9, 2026 10:19 am ET

Shares of Kyndryl KD Holdings lost more than half their value after the company’s chief financial officer left amid a review of accounting practices following an inquiry from the Securities and Exchange Commission

The information-technology-services infrastructure provider on Monday said finance chief David Wyshner had left the company, along with general counsel, Edward Sebold. The company also cut its guidance for the year after posting third-quarter results below Wall Street expectations.

Shares were down nearly 57% in recent trading to $10.18.

The New York-based company said its audit committee was reviewing its cash-management practices and related disclosures, including regarding the drivers of its adjusted free-cash-flow metric, as well as the efficacy of its internal control over financial reporting, according to a filing with the SEC. The review came after the SEC’s enforcement division requested certain documents from the company.

Kyndryl said that while it doesn’t expect the review to result in a restatement or other impact to its financial statements, it will delay filing its quarterly report with the SEC and expects to report material weaknesses in its internal control over financial reporting for fiscal 2025 and the first three quarters of fiscal 2026.

The company said it needs more time to finalize its quarterly report, which covers the fiscal third quarter ended Dec. 31, adding that it is developing a remediation plan that it will outline in the report.

Kyndryl Chief Executive Martin Schroeter declined to comment further on the company’s earnings call. “The fact is we just can’t comment until the examination is complete,” he said. “The teams are working expeditiously so we can share a remediation plan.”

He added that the company’s fiscal 2028 goals remain intact.

For its latest quarter, Kyndryl posted an adjusted profit of 52 cents a share on revenue of $3.86 billion, shy of the 60 cents a share and $3.89 billion, respectively, that analysts had penciled in.

The company said it now expects its full-year revenue to fall by 2% to 3% in constant currency, after previously forecasting a 1% rise. It also cut its full-year guidance for adjusted pretax income and free cash flow.

Harsh Chugh, Kyndryl’s global head of practices, corporate development and administration, has stepped in as interim chief financial officer, and Mark Ringes, deputy general counsel since 2024, will serve as interim general counsel. Both appointments went into effect Feb. 5.

Both Wyshner and Sebold had been in their posts at Kyndryl since 2021, the year the company was spun off from IBM.

BNY MANAGERS / EMPLOYEES COMMENTING ABOUT FORCED PERFORMANCE RANKINGS, ALTERED REVIEWS, & FAKE RATINGS/REVIEWS

Here is a link that can be shared to:
Lawyers
Government agencies
Politicians
Media
Social Media

In addition to sending this link to anyone if you choose to do this, you can copy the below onto an Excel file to send that also. Then go to each cell that has the link to create the hyperlink. Now it is much easier to go through each of the 64 links below by using the Excel file and just clicking on the hyperlink instead of having to copy and paste each link 64 times.

End of year review

10/18/2024 https://www.thelayoff.com/t/1v3USrXS

Forced Rankings

10/30/2024 https://www.thelayoff.com/t/1vfzdq2Q

Bank of New York Mellon Layoffs 2025

11/3/2024 https://www.thelayoff.com/t/1vjnRp5X

Severance. READ

11/22/2024 https://www.thelayoff.com/t/1kanvn6nh

Layoff month?

12/4/2024 https://www.thelayoff.com/t/1vO1iWQh

Huge layoffs 2025

12/9/2024 https://www.thelayoff.com/t/1vTPI3uc

Layoffs

12/10/2024 https://www.thelayoff.com/t/1vUclZML

Evaluations are ridiculous

12/13/2024 https://www.thelayoff.com/t/1vXOz4Cf

"… delayed year end reviews"

12/20/2024 https://www.thelayoff.com/t/1w4acO3Y

Unethical conduct needs to be exposed

3/6/2025 https://www.thelayoff.com/t/1jnq61rxs

6/4/2025 https://www.thelayoff.com/t/1jwysz9hk

BNY’S negative impact on Mental Heath

6/8/2025 https://www.thelayoff.com/t/1jx8e560b

25% not meeting expectations by year end?

6/10/2025 https://www.thelayoff.com/t/1jxdztagf

Mid-Year

6/12/2025 https://www.thelayoff.com/t/1jxkfd2vw

What are the rankings for?

6/16/2025 https://www.thelayoff.com/t/1jxxnrc83

Forget about ratings and evaluations

6/18/2025 https://www.thelayoff.com/t/1jy2bmmeg

6/24/2025 https://www.thelayoff.com/t/1jygkgb3m

6/29/2025 https://www.thelayoff.com/t/1jyyhdrt8

Addressing Age Bias

6/30/2025 https://www.thelayoff.com/t/1jz0k2f5y

Does anybody still dare to disagree with anything in meetings anymore?

7/2/2025 https://www.thelayoff.com/t/1jz685hcd

What are your options if you have been put on a PIP plan

7/7/2025 https://www.thelayoff.com/t/1jzkdxpkn

Percentage to be ranked underperforming?

7/9/2025 https://www.thelayoff.com/t/1jzrxwmj4

BNY PTSD

7/10/2025 https://www.thelayoff.com/t/1jzth57na

Laying off in New York office?

7/17/2025 https://www.thelayoff.com/t/1k0b93rem

Are we still pretending RTO was ever about productivity?

7/20/2025 https://www.thelayoff.com/t/1k0m7mrrb

BNY Executive Strategy

7/23/2025 https://www.thelayoff.com/t/1k0w0v3m1

Unfair rating

7/26/2025 https://www.thelayoff.com/t/1k14pynw5

Battle Royale enviroment

8/10/2025 https://www.thelayoff.com/t/1k29b61hr

PIPs, rankings, evaluations - they're all just cover for cuts

8/10/2025 https://www.thelayoff.com/t/1k2b2xzs4

RTO 4 days sept

8/19/2025 https://www.thelayoff.com/t/1k31tyhgq

Question regarding severance

8/25/2025 https://www.thelayoff.com/t/1k3gk2wwg

8/25/2025 https://www.thelayoff.com/t/1k3hx4sj2

25% Below

8/26/2025 https://www.thelayoff.com/t/1k3jcj2n2

This place is toxic

9/3/2025 https://www.thelayoff.com/t/1k47t0dan

BAH employee descrimination

9/23/2025 https://www.thelayoff.com/t/1k5vyfa6f

No severence for you!

9/29/2025 https://www.thelayoff.com/t/1k6bfsb60

High severance employees targeted

9/30/2025 https://www.thelayoff.com/t/1k6d8ga4y

HR involvement in PIP

10/7/2025 https://www.thelayoff.com/t/1k70mfaga

25% of bad ratings

10/15/2025 https://www.thelayoff.com/t/1k7m85xy8

Year end in October?

10/17/2025 https://www.thelayoff.com/t/1k7rjbb40

10/17/2025 https://www.thelayoff.com/t/1k7sbwrmj

Forced ranking and state unemployment

10/18/2025 https://www.thelayoff.com/t/1k7vmtecy

Will I be in the 25%?

10/18/2025 https://www.thelayoff.com/t/1k7x2wrh3

I'm so tired of outsourcing

10/19/2025 https://www.thelayoff.com/t/1k7yc7yy2

Morale's about to tank

10/24/2025 https://www.thelayoff.com/t/1k8c8yrqy

December round finalized?

10/24/2025 https://www.thelayoff.com/t/1k8b8gmps

Forced ratings

10/25/2025 https://www.thelayoff.com/t/1k8e2kcpa

How is Collateral Management

10/29/2025 https://www.thelayoff.com/t/1k8sgq033

Got out of jail card

11/6/2025 https://www.thelayoff.com/t/1k9cqbgdr

Some Expectations Rating

11/25/2025 https://www.thelayoff.com/t/1kayjyfk5

No forced ratings per HR

12/3/2025 https://www.thelayoff.com/t/1kbjgv9en

Review this coming week

12/6/2025 https://www.thelayoff.com/t/1kbv0hjhd

How can this happen?

12/7/2025 https://www.thelayoff.com/t/1kbwpa5w2

To people worried about their reviews

12/7/2025 https://www.thelayoff.com/t/1kbxp0grw

Let go this week

12/12/2025 https://www.thelayoff.com/t/1kc9ytkz9

Reviews

12/16/2025 https://www.thelayoff.com/t/1kcn1edkt

Bogus Performance Reviews

12/17/2025 https://www.thelayoff.com/t/1kcq1468q

Merry Christmas

12/18/2025 https://www.thelayoff.com/t/1kcrwen6j

Let Go 1 Week Before Christmas

12/18/2025 https://www.thelayoff.com/t/1kcrydr7x

Bank of New York Mellon Layoffs 2026

12/20/2025 https://www.thelayoff.com/t/1kcx3gtdq

Did anyone receive a bs rating and actually fight it

12/27/2025 https://www.thelayoff.com/t/1kdgeyxj3

PIP In Disguise as Layoff

12/30/2025 https://www.thelayoff.com/t/1kds9r52t

I doubt there'll be many more layoffs

12/31/2025 https://www.thelayoff.com/t/1kdt7kszv

Mandatory 10 percent PIP

1/14/2026 https://www.thelayoff.com/t/1kez989mz

http://techrights.org/n/2026/02/11/With_an_IBM_Company_Down_Over_75_After_Apparent_Accounting_Frau.shtml

I mean, who approves this sh-t?? It’s one nightmare after another. It’s zero help when everyone at the new company immediately packs their bags and leaves (honestly smart move by them)

Lookout UnitedHealth and CVS: https://www.warren.senate.gov/imo/media/doc/break_up_big_medicine_act_one-pager.pdf

The legislation will:
• Prohibit a parent company from owning a medical provider or management services organization and a PBM or insurer
• Prohibit a parent company of a prescription dr-g or medical device wholesaler from owning a medical provider or MSO
• Require companies in violation to come into compliance within one year of enactment
• Create automatic penalties for failure to comply, including disgorgement of profits and forced asset sales
• Enable the FTC, HHS, DOJ, state attorneys general, and private parties to bring lawsuits against violators
• Allow the FTC and DOJ to review and block future transactions that recreate these conflicts of interest

Are they still bringing in fast food for inside reps? You’d think they’d try something more thoughtful to keep people energized and engaged during long days at their desks.

I think most Fiserv employees are now familiar with Corelation INC? The remote work option is awesome, of course. But look at the salary ranges for the positions being offered. Are they for real? These are all low-salary utterly beginner-level salaries. What do others think?

Working for my whole life and was looking for a long term job to save money and retire but went through 4 layoffs and two company closings.

A couple of years in I see the signs. The rats start leaving the sinking ship. Cubicles being moved around, bodies relocated to owned spaces, rather than rented. Unreasonable targets and although profits are up... They want more. Blowhards in management speaking but nothing of relevance is being done. LifeVests are not being replaced.

This is the death of the middle class in slow motion. God save us all.

What depts move to Houston?

Any CEO could meet those incredibly low expectation's.

He made it known when discussing RTO that there is still a 150 million restructuring charge to "right size" the company

Wonder what the reason for that comment was

Lol

Self published and thousands of copies. So sad. So NOT what AI is all about - actual paper copy book. Good grief. Then there are the WILD events Sales sponsors for leadership and their pets & the wink wink business travel needed to international destinations where leadership family tags along. Money, money, money. No bonuses, no hiring, leadership BLEEDING fun spending. NORTEL all over again.

This company isn't even capable of running an all hands

Is it true that the once exclusive CPQ quote tool is now being used by the dealers?

If so, when did that start?

https://www.hollywoodreporter.com/business/business-news/david-ellison-adds-new-sweeteners-in-hostile-paramount-megadeal-bid-for-warner-bros-1236501314/

Why not go all the way? What's stopping us from going all out with buying them? I thought we had endless money to empower us to be a global force in entertainment. If we lose out on this, I see another cut so big the wound will never heal.

Enjoy.

https://www.hollywoodreporter.com/business/business-news/massive-layoffs-if-paramount-buys-warner-bros-says-netflix-1236500848/

Overheard a manager across the cubicle talking about a 5% across the board reduction next week. I’m in Jersey City. They are definitely acting like a RIF is imminent.

What is going on in Jacksonville, more layoffs? Board on site?

IBM’s spinoff, Kyndryl, seems to be in a wee bit of trouble.

I was going to attach a link, but honestly, just Google it — there are plenty of articles out there.

It’s a company led by former IBM executives, operating with the same policies, technology stack, infrastructure, and culture.

Something is rotten. Will it infect the mothership?

Or at least, I haven't heard a thing. Somehow, that makes me even more worried. They've trained us well.

Just like Frank ruined this company he is about to destroy the IRS and Social Security office. He doesn't see the destruction he has caused.

Converse layoffs. Nike layoffs. Layoffs, layoffs, layoffs. Holy fvck. Just die already.

I've been here for 12 years and I am so burned out by it all.

No money for anything. No baIIs to do what's right. Shovel jobs to India where they don't give 2 shlts.

Why should any of us care anymore? I feel like I'm working at the Blockbuster of shoe companies.

Why

Operations generally strive to perform well so the company will see the value they bring and not put them up for sale.
Kaparuk uses the strategy of performing poorly and constantly whining and complaining so no one will buy them and ConocoPhillips is stuck with this group of industry rejects

Has anyone heard anything here? There were some commentary on this forum but looks like they got taken down. I always thought Consultant Relations roles were like cushy sales gigs where they weren’t on the hook for any actual sales.

https://share.google/9wVPh5wh28ny4WV63

I worked for the CSC and got JE last year. I could tell it was coming because a lot of our work was being moved to India and they were lying to the employees about it. The customers started complaining because of the language barrier and general lack of knowledge of these overseas agents. Does anyone knows the current status of the CSC? Are there any employees still left in the USA or is it entirely in India now?

When there is good results across ABB, why are they cutting resources in Middle East countries

Anyone know the reasons for, or implications of, this?

https://www.gurufocus.com/news/8598226/xrx-options-to-be-delisted-effective-february-9

2 plant closings announced in the past few weeks. What plant will be next?