In case I’m one of the folks getting laid off, trying to make sure my finances in order. Does anyone know what the severance pay usually is?

Mmmmm.

Kyndryl has reported salary delays across several countries, citing 'technical issues' as the cause. However, this appears to be a smokescreen for a liquidity crunch. While employees face financial uncertainty, the company recently spent $304... — read more 

We know cuts are coming, but we don’t know when or any real details beyond that. So now we get to sit around stressing and worrying for who knows how long. I’m sure that’s going to do wonders for everyone’s mental and physical health. I really hate... — read more 

Kyndryl restructuring should reduce overhead functions and reduce the number of managers that lack technical knowledge Of the various systems they try to manage. All chiefs and no Indians will cause the company to collapse. Ai can identify various... — read more 

@OP+1kr26x6x5

Are they coming? Raises sure aren't.

Kyndryl posted the intention of cutting some jobs. With a charge around $200M we can estimate approximately 2000 to 4000 jobs to be impacted.

Shortly before the FY2026 results will be announced on May 6th a global RA will hit all Northern European and north American teams. The scale of the RA will be unprecedented but is timed to address the disastrous financial results. Fasten your... — read more 

Kyndryl has become top heavy. Each week, some new executive joins to “transform” and bring “thought leadership” while laying off highly technical hands on keyboard skills. @115+1kn7fxr2v Came here to check for layoff updates, ran into this post... — read more 

With stock price halved, Kyndryl is a very attractive options for Private Equities and India IT chop shops that would love to have the sticky managed services clients. What are your thoughts?

Saw this on LinkedIn today, what a joke! I don't work at Kyndryl anymore, but I remember my time there and it was brutal. Leadership constantly switching to the next big thing, reorgs every 3 to 6 months, managers who didn't have a clue about what... — read more 

I think it's worth simplifying the story what is actually being investigated by the SEC. Basically, in March 2025 Gotham City Research accused Kyndryl and namely CEO & chairman Martin Schroeter of major issues surrounding cash flow. Firstly, it is... — read more 

And right on cue ... the piling on begins: https://rosenlegal.com/submit-form/?case_id=38139 "Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Kyndryl... — read more 

It's only a matter of time now. https://finance.yahoo.com/news/kyndryl-faces-governance-turmoil-legal-091414134.html

It's not looking good. . . https://www.investmentnews.com/regulation-legal-compliance/investors-sue-kyndryl-after-sec-probe-triggers-55-stock-crash/265264

honest question

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... — read more 

This crisis over poor financial controls and potential fraud is completely unacceptable for a former CFO and now CEO. The only real remediation plans involves Martin being fired. Not him "leaving for personal reasons", but actually fired. Without... — read more 

Barron's: 2/10/26 - Kyndryl Holdings shares plunged 55% to $10.59 after multiple executive departures and an SEC review of accounting practices. Guggenheim Partners downgraded the stock to Neutral, citing unanswered questions and weak fiscal... — read more 

"For nearly a year, the company dismissed short-seller allegations as mere 'falsehoods,' but today those chickens came home to roost with a $2.8 billion loss in market... — read more 

This reminds me of ENRON. How could this happen ? Martin buddy, where were you ?

CFO left, Chief counsel left. Last years allegations by Gotham Research chicken’s are coming home to roost. Marty was cooking the books.

So Kyndryl very secretively initiated Project Omni to displace US workers with ones in low cost countries like India. Someone got a whiff of it, and the project was shutdown. The resources hired/shortlisted for Omni are now being accommodated to... — read more 

Kyndryl is a terminally ill patient dying by a thousand cuts awaiting for someone to pull the plug and take it out it’s misery. The potty training by chief crybaby Turdledge is the last bowel movement before its lights out.

So, received announcement for POD 3.0. It seems to be a “every account for itself” model and creating technology silos. If a POD needs XYZ skills; the POD is supposed to build that skill, even though it may be existing somewhere within Kyndryl... — read more 

When Kyndryl started they bragged about having 90 000 employees all over the world. I'm wondering how many they have now? Any info? It would give a scale of layoffs. I bet closer to 60-50k

Did anyone notice that there are basically no current (ex)employee comments on the situation inside Kyndryl despite being completely sh---y? The Reddit is full of active threads from IBM on the existing November layoff and other coming, in contrary... — read more 

Jamie Rutledge is on a mission to drive delivery off a cliff. The minions he has hired (Michele Moesman and his direct reports) are the foot soldiers in brute forcing the implementation of “industry pods”. Highly efficient teams being broken into the... — read more 

Just notified today not really surprised. Over 55 in the US

There’s a corporate direction (at least under Jamie) to hire only in India. Any exceptions need to be approved by some board.

At least he has some ethics and the guts to tell the... — read more 

Leadership Development Program and everyone who was in it has been put on bench. Hearing that there will be significant re-org by November. Most jobs going to India Delivery is again being worked into a POD model, further consolidation. Rutledge... — read more 

Engagement Pulse Survey (employee satisfaction survey) is going to be sent out early in November. The result of this thing seems to be nr. 1 priority of our management around here... Our overlords care the most about two questions in particular in... — read more 

Imagine if our Executives put as much effort and creativity into developing viable strategies for growth and driving revenue as they do devising ways to manipulate financial reporting.

In F&O management is running around like headless chickens. I think big cuts are coming very soon.

Oops Kyndryl! Time to rewrite your Business Plan! https://apnews.com/article/h1b-visa-trump-immigration-8d39699d0b2de3d90936f8076357254e

Layoffs across the USA as kyndryl’s new US president Rutledge is demanding grow or else mindset; senior mgt is being shuffled, senior leaders and experienced ppl ousted, they are back to the IBM ways of cut to get growth, which is like throwing the... — read more