Thread regarding CDK Global Inc. layoffs

Here's a thought for FP to consider, perhaps this is the answer we've been looking for:

BBC News - "NatWest profits soar to £3.6bn after week of resignations"

NatWest has reported a sharp rise in first-half profits to £3.6bn following a week of high-profile resignations. The bank announced better-than-expected pre-tax profits.

Just a thought.................................

You get what you pay for. Ask our customers.
That's why the majority are looking to move on elsewhere. India and Czech support networks are simply not what customers want.

It's just mutton dressed like lamb. KLT style

That’s possible, but they are doing it for all officer. Tom and Tony keeps talking about cost/earning ratio per employee, and cutting office cost will benefit that. Especially having in mind that the cost per employee (salary/benefit) in Poland is much higher than anticipated. In general we will in Q2 see a move of jobs towards the cheap countries like Czech, India and Spain.

Looks like the new Business Transformation Exec is holding regular meetings about the future of the Warsaw office. Closed by next summer????

The post below has made me so sad. I can't stop crying.

As a Leader I would say things has bevise worse for us.
We no longer fly on 1st or Business class.
We no longer have an amount that we can spend on pampering our self, our teams or our customers.
We have to work more.
We have to justify all our cost to eg. hiring additional people.
We are restricted in what we can say and do in public, like on Townhalls etc.
Our salary increase is no longer negotiable but is dictated from HR.

Award winning place to work….. just look at how many open vacancies there is and remember a shrinking not growing business and pushing for the magic 40 margin. Attrition rate must be close to 20% and it is always the most experienced, knowledgeable, capable people who can’t take anymore. That’s why the Glassdoor b2llsh1t is back on with fake reviews and comedy one-liners. I hope HR and comms come in as winners… come on!

Behold, just below the example of a completely useless manager.

As a manager, I can only agree. All the perks we are getting, bonus etc. along with the leadership community where er support each other does make it a good place to work. Only minus, is that sometimes we wait a bit to long for decisions to be made. I would put that to be a result of our company size and FP control.

So according to LinkedIn Keyloop is now an award winning place to work - can any current employees corroborate this

Anybody who has left the business recently (either pushed or made redundant) care to say what the current pay out is like?

I worked at Keyloop Prague prior to the FP buyout in a finance support role.
I took the job, moving away from a very respesctable medical company, being offered a very generous salary and monthly bonuses that were too good to be true. Leadership was very okay, the people in the UK/Western Europe sometimes look down on us in a baffling way, as if we in Prague/India are all just untrained monkeys that are just there to collect a paycheck and not to make things better for everyone in the team, the company, with the customers...

The FP buyout was announced and after looking at Killlroys history I started looking for another position, even if we were promised "no layoffs in Prague.

All senior mgmt in Prague was put on Garden leave over the span of 2 weeks, without any replacements. Senior people left in disgust, we were clueless, without any leaders to take ownership or anyone from HR to explain how this was going to evolve. Some people got promoted into roles they were obviously not prepared for, some new management was hired and those people did clearly not understand anything about the industry they were in, the department the were leading, the situation the company found itself in, and some of them were just plain and simple sociopath/mo--ns. I left in disgust.

3 years later, Keyloop now tried to hire me back. Even more generous salary - easily 25 percent over the best offer I have ever had for any role in Prague, the whole formerteams seems to have been replaced. I simply cannot believe this, I am amazed the company still exists, but what dr-gs are these people on? I understand hiring in Prague helps to replace workers in the UK / Germany etc. for less money with worse benefits/protections, but now they are having to pay ridiculous amounts for people who lack years of experience, all the knowledge is gone.

When I joined CDK it wasn't in a great shape, but we had lots of competent people trying to make the best of it. FP doesn't want to rebuild this company, they're running a playbook to make a quick fortune by selling the company out.

Preparations to make up the package and sell it......

Any truth that the Dublin office has downsized to a smaller building

What % sould us minions in the UK be looking at then?

Supernova? Supernova my backside! Loud mouthed, self-entitled, bigoted Tory fascist more like.

I am personally not to concerned around the fact there is differing amounts in different countries as that is to be expected.

What does concern me is yet another 3% slap in the face after years of no pay rises on going 3%. For a company that claims to be successful and wanting to keep people it is making us look bargain basement. Given how hard some people have worked since KL arrival due to very bad decision making no one feels valued. Verbally ruffling my hair and tickling my chin only goes so far.

With the public sector constantly whining that the private sector is getting at least 7% (sure do work for the wrong co) and they have had a 6% signed off its no wonder we still have long standing and very knowledge people leaving the business.

At least Sales will get their commissions and implementation/engineering look good for selling products and setting them up. Those that them have the fix the utter f£$k up (someone in CE has shared with me that they have a major issue across several countries due to a rushed and untested dev demanded by one customer.) they are get a chin tickle and a thank you and not lot else.

I do believe the co is heading in the right direction now and the intentions are good at most levels but the KLT need to understand we are not a cult or an army that can be kept onside through sheer loyalty - they need to reward people in a way that keeps them loyal - a bit like the KLT are.

At least last year I could lay claim to additional 5 days off (4 x picnic and a birthday but even that was reduced this year.)

After a couple of years of keeping the faith and bearing with it, I had a brief look yesterday and plenty of roles for me that pay more so looks I have a busy few days of applications rather than planning how to spend my additional income.

I expect to lose a lot of my department as they go elsewhere for higher paid employment. The lack of salary rises over the last couple of years combined with the high rise of inflation will lead to departures of people in key areas.
Fear not though, because a position vacant in the UK is an opening in India for a lower paid associate.

My manager just showed me a cheat-sheet. India will get around 10% increase, I will get 3%. All based on what country you are in.

You will get nowhere near that percentage

Wages rise to 7.3% in the UK. Remember that during your JAF 2.0 conversations.

Any increase (if any) below 9% will be a pay cut. Remember to mention that during any conversations that you may have with your managers.

@iofpe, not a lot of posts get deleted from here, usually the ones containing profanities. Also, avoid naming names.

3 Jul 2023 - Anonymous Employee

Cons

You've got a nice offer with a high salary in your mailbox, thinking this is a company that values your skills and experience - DON'T DO IT! This is not a company, it's an investment product led by a group of people who have no interest whatsoever in the well-being of their people. There is 0 job security. Departments get reorganized again only months after being reorganized, only the realize that the reorganization didn't work again so they get reorganized back. Upper management (referred to as KLT) are at the helm of this sinking ship. They are completely disconnected from the reality they subject their employees to by their terrible decision making. All the while the head of internal communications is speaking of diversity, inclusion and mental wellbeing . Just to clarify, this company probably 80% white male over 50, and I've never seen so many burnt out employees in my life. The culture is very toxic as most managers with any self respect have left the company, leaving mostly those who find the behavior exhibited by the KLT acceptable. Most of the managers have been promoted way too fast (because everyone else left) and it shows as they are not suitable for their positions.

Advice to Management

If the CPO would spend the time she spends here trying to discredit reviews on actually improving the situation, then maybe this company has a chance. Stop wasting time, money and resources on empty words about diversity and inclusion, and start from the bottom to rebuild an actual healthy company culture

I love my job

How difficult it is to try to rebuild a minimum of credibility in the market after the arrival of the pirates....... mission impossible.

I always feel a bit annoyed when I see people being applauded for going the extra mile because they keep working over into the evenings and weekends. Sorry but that just screams to me that there is something seriously wrong? I don’t apologise for only working the hours I am contracted to and I work very well during those hours.

I pu-e when I get nominated for a Keyloop award, as well seeing that 99% of the nominees get nominated for doing our/their job. In particular I pu-e on a comment like great job organizing the SLT event - isn’t it their job as event team?

What we are seeing now is a consequence of the complete failure of effective employee management since the FP takeover.

As someone who genuinely wants the company to do well, my advice to management would be as follows:

1. Fix the completely broken performance management process. Having merit increase 9 months after year end based on 5 months work makes no sense whatsoever. The only reason I can see for not aligning them is to deprive employees of 6 months worth of salary increase which is hardly putting the employee experience first.
2. Since the FP takeover the rewards for KLT have increased significantly compared to the previous ELT in terms of salary, bonuses and stock whilst for everyone else they’ve reduced particularly for those who previously were awarded stock. This situation needs to be reconsidered.
3. Too many decisions are being made in a bubble at high level without consulting with the people with the knowledge. An example of this would the decision implement Netsuite in a completely unrealistic timescale due to massively underestimating the complexity of the business. Less arrogance and more consultation with employees is required.
4. Encouraging or turning a blind eye to the writing of fake reviews on Glass Door is extremely unethical behaviour and needs to stop.
5. Abusing employees and telling them to leave if they raise any concerns is a sign of a toxic culture similar to that of Oceanview, which had tragic consequences this week. You need to listen and value your detractors as they could be raising issues that are important to the company.

cdemets you are such a tease, I have looked at the last posts on Glassdoor and they very similar to your example - you are already posting on Glassdoor aren't you?

Nine 4* and 5* reviews posted on the 22nd June? Who's paying for these, how do I get in on the action? I can do it, here is an example of my work.
Anonymous from Reading
Pros. The company is the greatest known to man lead by the absolute dream of a management team paying the best salaries and offering the best working conditions a person could ever wish for.
Cons. I can't think of any at all, in fact I wish I could also spend my whole life in the office it's that good.
Advice to management. Keep doing what you doing, you are the greatest.

Interesting company to exploit for emerging "managers" who quickly earn good salaries and bonuses, say two bullsh-t and then disappear.

4 hours ago by Anonymous | 13 reactions (+12/-1)
Post ID: @icowb+154y9TPM

Because the can't afford the brain drain it would lead to.

Genuine question. Do the people posting utter BS here ACTUALLY care about how us, hardworking people who actually enjoy our jobs and want the business to do well, feel?
Because I can assure you, your behaviour is taking its toll on people who aren't even in your direct firing line.

A few years back we had a scheme where folk who were unhappy with the direction of the company could take voluntary redundancy. As I remember quite a few people took up the offer, so why not run the scheme again?

Sorry, what? You can't bully someone more senior to you?

Clearly you're involved and you're trying to justify your vile behaviour.

"Bullying is behaviour that hurts someone else, including name calling, spreading rumours, threatening or undermining someone."

This is taken from website for children. If they can understand it, you certainly should be able to...

There is absolutely no doubt to anybody with half a brain they have been flooding Glassdoor with fake reviews for quite some time. Given the similarity of them all, I'd say most if not all are being written by just one person.

Agree one of two of the comments on here have been a bit below the belt, but you can't really bully anybody who's in a position of authority to you, and none of this vitriol exists in a vacuum. FP have done nothing but punch down at their workforce since they arrived.

Also easy to say just move on, but when you have financial responsibilities - kids, mortgage, bills to pay, and most of your professional skill set is highly proprietary due to the nature of Keyloop's product and technologies, it can feel like options are limited. Not to mention some people have dedicated literally decades of their life to this company and still want to see it succeed despite everything, that's a hard yoke to shake off.

Get a grip people, she was just saying that the personal comments/attacks towards people are out of order and the untrue speculation about things that aren't happening are potentially damaging to those teams involved. She also specifically said she isn't asking people to leave positive glassdoor reviews

If the session is recorded, dump some bits of it and send it to the tabloid medias anonymously. They would probably be very interested in this, as well those how honored our excellent HR and internal comms team with their latest “award”.
Probably HR comments could be against UK/I laws, so HR could be prosecuted..

A lot of people who use this site have not been involved in any abuse or lies. Most are probably hardworking employees who are concerned about some of the practices and behaviour going on in the company. They use an anonymous forum because they don’t trust the internal processes for dealing with grievances. What we are seeing now is an orchestrated campaign by HR/Comms to stop freedom of speech on a public message board because they don’t like or want to hear some of the genuine grievances felt within the company.

How bitter is the truth.