10% of CDKi to go - The cull has started
1867 replies (most recent on top)
Going by the Fr'cisco Partners smash and grab strategy when buying and ruining businesses. Does anybody know where we are currently in the life cycle of the dying business? Has it died yet? Or is the heart getting heavy and painful, ready to take its final beat? Anyone know when closure or ki-l off of the business will be?
Asking for a friend...... who is waiting on a payout
There is no carrot anymore in this place, just stick. After a while the stick has no impact. KLT and the yes-men are the only people to get any reward, thanks or appreciation.
I don't think the "new" managers, many of who have been here since the Kerridge, ADP days have had much choice or say in the matter and have been forced into the role, one way or another. They are like everyone else still here, waiting for the payout, but trying to do their best in this sh!t show for their respective teams.
Look on the brightside, the lighter nights are coming, it will soon be picnic blanket time.....
As Winstone Churchill was famously attributed to saying "if you're going through he-l, keep going".
Let's be honest, this company has no respect for any of its employees no matter what country you are in. They may be successful in making money for FP but the damage they cause to individuals, their families and dependants are unreal.
Cannot believe those newly appointed managers who have been with kcc, adp, cdk for years are swallowing this BS, you should know better than profess to be happy campers, yes sir, no sir 3 bags full sir, how many people do you want me to get rid of sir?
the strategy of this management does not go beyond the next 12/24 months .... it is not important to invest in skills ..... the important thing is to maintain the value to resell to another speculative fund.
@ former_employee, you asked for DE and DK. We (people) are ok, but leadership is missing totalt. Current leaders er just puppets, don’t have anything to say. I think all is controlled by HQ and needs to be approved by TK himself, that’s my view.
It’s funny to see how Alliance and Sales from around the world can meet in Malta in february for a net sum of +£200k, but I’m not allowed to use £400 to travel a week to another Office to train new colleagues. My £400 will blow the T&E budget of Keyloop….
I thought teflon-don am who caused a lot of the mayhem would have been gone long before LdT. It shows you the lack of knowledge those running the company have.
Ooh la la - Merci beaucoup........ didn't expect her to be leaving.
@Dumpling: LdT
Any indication on who the senior support leader was to leave?
There is talk of people departing but never name/s or initials......
How is the Situation in the non-UK Countries? Especially Germany and Denmark.
I left the german Keyloop Organisation one year ago, feel with the colleagues that have not escape from keyloop til now.
Another experienced senior leader in support departing through the trapdoor, obviously never to be mentioned. Slash and Burn strategy playing out well. Await the HR early week call in the diary.
Maybe more people need to follow @Choppers lead
Left by my own choice. Got fed up of the explotation of my team by senior management.
@ Chopper
Out of interest when you mentioned leaving, was this of your own choice or were you made redundant. If it was the former, good on you. There is life outwith keyloop.
I am smug, leaving was the best thing I ever did. I was on less than 30K, paid no bonus and saw how badly myself and the others in my team were treated. There is so much more to life than being in a dead end job. Making others on bonuses rich, while we got nothing!
Probably better to live your life being a simple soul than a smug assh_le who thinks that attaining 30k and a bonus at Keyloop makes you any kind of superior human being TBH.
Such a rubbish company to work for....... why do you bother getting up? How do you sleep at night knowing you will be facing the same rubbish everyday.
Especially if you are sub 30k with no bonus payment. Your probably a simple soul...... but you deserve better
Ethan??? They had Mike Hunt........ what happened to him
They will need Ethan Hunt to apply for this job.
They totally undervalued a lot of the individuals who worked hard to protect the business from making this kind of role necessary (by you know, trying to keep customers happy or at least being open and honest) and retained either very inexperienced or Teflonesque senior management - bed, lie in it
Agree the Job Ad says it all.
Suppose it's cheaper than rehiring all the knowledgeable people they paid off.
This job ad says it all
https://jobs.keyloop.com/job/Reading-Head-of-Customer-Escalation-Management-RDG-RG1-1NP/934406355/
More and more are being hired with no knowledge of what the automotive business is and want and in countries where Keyloop is not present with products. A great strategy if you want to go bankruptcy by creating useless products for our customers
I did @ Union Jack...... I joined the Prospect union.
http://www.glassdoor.co.uk/Reviews/Employee-Review-Francisco-Partners-RVW10343609.htm
Any Keyloop or Ex-Keyloop recognise this?
Did anybody go with the recent posters advice and joined the mentioned union? Or is any one a member of another union they can recommend?
I wonder if post 479 from Cdemets gets removed as the KLT don't like the truth.
On a separate note regarding Lotties advice on not getting a bonus, cost of living rise, merit rise, did anyone take up her advice and beg colleagues for any spare old clothes from their closets?
What planet is she on?
Bonuses are paid at company discretion, to compensate for not getting any bonus and give yourself a real 'feelgood' boost, just look at the pictures of the numerous functions that your KLT and HR team have attended this year (they appear to be having a great time and doing very well and I am sure will get their bonuses).If that doesn't cheer you up just get your pinic blanket out and sit and watch the 'wellness being' sessions they have provided for you. Happy New Year
Thank yourselves lucky to even get a bonus. It's those of us who don't earn enough to qualify for bonus I feel for. Low paid and exploited on a daily basis.
The problem with your theory is if the bonus pot is zero or extremely low due to underachieving business metrics the percentage and multiplier is reasonably meaningless. The contract does not state the bonus is mandatory but at the companies discretion. 100% of zero is zero unless you are KLT of course then it’s party time under the HR comms woke banner.
In my contract it says, Black on White, that my bonus is calculated as follow: 20% of the bonus is related to the overall business result, and 80% is related to my end year review. I know that if you as most people are rated 2:Strong, your manager can give you between 85% and 115% of the amount, so you would get what is 85% of 80%. So lets say your year end bonus is 10000 you would get at least 6800
That's the gamble though, isn't it? Sit in misery working for a company that couldn't give less of a sh1t about its staff anymore and hope for an eventual payoff, or cut your losses, find a better employer and get on with a better life somewhere with actual career prospects.
It's a tough choice and I don't envy anybody that's in that position now.
Bonuses will need to be paid for this financial year period. They possibly may be considering not paying it next year. People on low salaries were compensated for being taken out of the bonus scheme in past years, imagine simillar would happen. If they do pull the bonus award, would that not be breach of contract?
Would ask HR, but there seems to be nobody left.
Also heard from ex employee that another office closure is being finalized.
Hold tight, the end is nigh.......
As others have intimated, some of us are just wanting / waiting for redundancy, biding time, acting our wage. Leaving gets us nothing.
Rumors say NO Bonus for 2022. Does anybody have more details?
Get out of here !
Get away from this crazy company!
Run away before dying like a rat in a trap.
I did it one year ago, I'm delighted with the choice I made, I feel like I'm reborn.
Like it's a vindaloo.... sooner or later they are gonna get some sh1t.
They are eating up the company.