Link to story below:
Of 420 US workers tapped by Kyndryl for this particular round of "transformation," 156 people (37 percent) between the ages of 25 and 70 lost their jobs, at an average age of 55. And 264 people (63 percent) between the ages of 24 and 70 were allowed to transition to other roles, at an average age of 52.
https://www.theregister.com/2023/05/24/kyndryl_ibm_layoffs/
All I can say youngster, I am where you will be some day. The problem with the so called young workers is this. The new generation do not listen, they are constantly talking and not doing. They openly choose to segregate themselves from the older workers, They are clicky and openly disdainful towards their older peers experience and work ethic. Yes you are correct we do refer to you as the man bun's. When I started my work career my generation looked at the older workers as mentor's. An exemplary example of what hard work looks like.
Like many others, I used to work for division 07 (George W org) at IBM back in the day. Even back then, there were various cliques among the senior staff that eventually translated into daily affairs. Who got assigned to what, who was canned (RA), who was kept on...it depended a lot on social connections. So to see it happen with Kyndryl is not a surprise...it was inevitable given its history.
Will it change? Maybe. IT employers still suffer a LOT from this sort of thing, but one thing that has changed from my time is that the customers are a lot more savvy and demand much more efficiency in business affairs. That means that Kyndryl has to deliver, and to that it will need the people who can do the job, regardless of age or social situation. No performance means no revenue, and Kyndryl no longer has the mothership to protect its financials. In other words, Kyndryl doesn't have the room to sc--w around like its predecessor.
As a younger worker. I can speak from my own personal experience. I enjoyed my time working at Kyndryl. I am currently not with them. I moved on to a new position with a different company. I found working with the older workers' frustrating. I saw them as a hindrance. They were resistant to new ideas' and procedures. There was a lot of unwillingness to fully interact or co-operate with the younger workers. Those workers' at the time made me feel like I was stepping out of bounds if I would question their work methods. A lot of the time those methods were outdated highly inefficient. It could definitely be challenging to say the least. Projects were difficult to complete on time, mostly due to the lack of adaptability of older workers. I also did not appreciate being called or referred to as a man bun. The term the older workers' like to refer to younger male co-workers.
Kyndryl has a ton of internal bloat that needs to be trimmed.
Post ID: @1kor+1mM75Okg
You have zero evidence to back up these assertions. As has been stated before it's the manner in which these cuts were handled more than the layoffs themselves. No one is claiming the company shouldn't cut - it is their right.
Actual performers were cut in this wave not dead weight. These cuts impact clients...so you clearly do not understand the current environment...but go ahead, believe whatever narrative you need to believe. The stock is still overvalued and the CEO is still a weasel.
Dignity and respect are seemingly only on offer if the margins are deemed suffcient.
Sometimes doing the right thing costs a bit more and once again this management team failed at that. For people that are out there looking at this company as a place to work they need to really evaluate the kind of place you really want to spend your time in and where you want to willingly place your loyalty.
Does this sort of behaviour align with your core values? Is it acceptable to treat older workers poorly because that seems to be a sad and acceptable prejudice in tech...? Age has little to do with performance.
The manner in which these have been carried out speak to the sad core values that this and yes, most corporations, have. Kyndryl is NOT special. They are NOT an employer of choice. Very little they say can truly be trusted. They are as cruel and clinical as the rest. And for those that claim it's 'just business', Di-kens had a response to that:
“Business!” cried the Ghost, wringing its hands again. “Mankind was my business. The common welfare was my business; charity, mercy, forbearance, and benevolence, were all my business. The dealings of my trade were but a drop of water in the comprehensive ocean of my business!”
Kyndryl cut loose the employee's it felt were a burden to the company. Every company has a right to control it's labor needs. Layoffs are just a fact in the modern work world. I do not fault this company. Kyndryl is doing what it needs to do to stay competitive. What I find apprehensive. Is how they bring back laid-off workers. These workers are brought back, because of who they know not what they know. These fortunate one's lose no money, no seniority, no compensation, not a single beat. If you are a laid off worker you should be extremely upset by this practice. Complaints should be filed with your state.