And they don’t hide it. Fiscal 2025 outlook includes a $100 million workload rebalancing cost. It is clearly on the slides.

From Barron's: Kyndryl Stock Jumps as Earnings Top Estimates. The IBM Spinoff Gets Closer to Returning to Growth. https://www.barrons.com/articles/kyndryl-earnings-stock-price-ibm-spinoff-11b82f4b?siteid=yhoof2

First I wish Kyndryl would be honest - it has nothing against RAs, as long as they're silent and posed as a "chance to upskill". They're purposively letting go under a certain amount of employees so they don't have to report it as relayed by a... — read more 

From what I heard, Kyndryl is seeing a series of EEOC investigations based off of Discrimination Retaliation/Targeting Cronyism There are numerous other EEOC in works per some employees.

I see IBM filed a W.A.R.N with the state of North Carolina. That only means one thing. IBM is going to be laying off a ton of it"s workforce sorry ( rebalancing ). This means we should expect Kyndryl to follow suit. I fully expect they will. We are... — read more 

Realistically speaking, the timing of any of Kyndryl's actions will be customer-driven rather than by the terms of the IBM/Kyndryl split. Given the nature of typical outsourcing agreements, not a single thing will be "moved", "migrated" or even... — read more 

From 800 employees they seek 110 volunteers to leave the company. Business ist not going well.

I mean, seriously. I've seen no email updates on the company, no office hours, no anything. Does he exist? In all my other jobs the CEO always gave updates on company direction and strategy, but here I feel like the company is running on autopilot. — read more 

Are we currently going through layoffs.

It is all a house of cards, Kyndryl is not a profitable company period full stop period. If it was there would be no debt. If there was to be any debt on the books. It would come from actual investment in employee's and company innovation, expansion... — read more 

I've noticed in this year's executive payment summary that most C-Suite executives (including Schroeter, the CEO and chairman who approved these packages) has removed RSUs from this year's packages, opting for grants instead. This makes me... — read more 

Are we still in Big Blues shadow. Any idea when Kyndryl will start becoming it's own company. Kyndryl still uses' a lot of IBM's business models and practices.

Does anybody have an idea when the labor agreement ends between IBM and Kyndryl? I thought Kyndryl made a deal with IBM not to mass layoff it's workforce for at least two years. So if this is the case when does the agreement end. So I can start... — read more 

Did we just have a quiet layoff ( resource rebalancing)? I am hearing through channels that we are quietly losing employee's. Kyndryl is giving notice quietly and in small numbers to certain unfortunate workers to turn in their laptops in. I think... — read more 

Sure, we see the press releases about some small bank in the middle of Uzbekistan, but there isn't any new business is there? Existing contracts are not being renewed. It's a matter of time.

With the rising value of Kyndryl stock of lately. Will this lead to better stability for the company and employee's.

Listening to all those earnings call analyses, you would think that Kyndryl is not only a great company with a bright future but also a company with a competitive vision. I feel like we are more in servicing mode, with a model which allows us just to... — read more 

I read somewhere that Kyndryl is doing really bad. Is that true?

This is really pi----g me off. Looking at the last quarter's results, I see bad numbers, yet online people keep saying "MaNaGeMeNt'S pLaN iS WoRkInG!!!!" providing no information as to why or how. I guess a -126.53% miss on EPS is magically good for... — read more 

I tried doing some research on him, but there's almost nothing out there. No wikipedia article, no articles, journals, publications or anything. I know he was IBM's CFO for a while, and that he may have committed securities fraud, but I really... — read more 

It's not that I don't want to leave, but with the job market in the state that it is, I'm worried there are way too many people applying for the same jobs. Which means that the rejection rates will be higher than usual, and I really don't want to... — read more 

Kyndryl is like the extended car warranty of the tech world, so I don't see anything promising happening with current management. I think years from now they will probably barely be breaking even, if that.

Why do we need to be limited by this man who was practically fired from IBM in 2020? He looks and acts drunk during meetings, and is a total jerk to people around the office. He has a reputation for cooking the books and accounting tricks. He is the... — read more 

Layoffs what layoffs, this company is growing. Kyndryl stock is increasing in value. Management is shoring up incoming revenues, the partnerships being developed ensure money in the bank. I truly believe this company has found the lift under It's... — read more 

Simple question, will Kyndryl thrive and grow?

Bureaucrat who only covers his a-s. Not a Leader but phony manager.

I'm asking because I want to know if it is a good idea to take a position an assistant.

Kyndryl appears to be releasing ex-IBMers from Kyndryl. There appears to be a pattern where they immediately release employees from the position and move them to bench. Then they ask them to find a job within 2 months within the company or move on... — read more 

Any Layoffs happening with in kyndryl, comment below.

Very controversial** Kyndryl laying off employees without providing a reason or anything to do with performance to save severance pay. 2 Months to find a job within Kyndryl that too around Holidays, after that you are out. Mgmt trying to hire more... — read more 

"Schroeter was rewarded handsomely for his complicity in the fraudulent scheme being appointed CEO of Kyndryl, the new independent company that was created following the spin-off of IBM’s Managed Infrastructure Services... — read more 

May be 2 years since the "separation" from IBM but KD still operates and is being run by IBM relics, specifically managers and those on the frontline. The same IBM method of operation is there: Get 12 people on a conf call when maybe 2 people can... — read more 

https://www.theregister.com/2023/09/28/former_ibm_services_outfit_kyndryl/ No layoff just a separation from Kyndryl China. Around 6000 employees. Interesting article.

Rumors are flying, does someone have info to share?

From Amy: "We want to acknowledge the pain caused by the hateful act of violence targeting members of the Black community this past week in Jacksonville, Florida. Far too often we’re reminded that hate and prejudice exist in the world. At Kyndryl... — read more 

Got the dreaded Friday phone call. At least two Experis contractors laid off from Kyndryl. Access cut that day to Kyndryl. And of course send the laptop back. Might be many more.

Some re-Org has happened in my BU end of july and heard some changes in other BUs.

How many percent is Kyndryl yearly salary appraisal?

Cutting edge skills don't come for free...somebody has to do the training, either via coursework or learning on the job. If Kyndryl management treats the employees like IBM did, then it doesn't matter who the employees are or where they came... — read more 

Do you know please what ESP in Kyndryl? Is it the same as GDP bonus?