10% of CDKi to go - The cull has started
1867 replies (most recent on top)
Shifting parts of the business to eastern Europe or even Asia was made by so many companies the last decades. Keyloop knows that this won't work - but does it anyway. KillBill doesn't seem to have any honor left in him. Instead he presents one acquisition after the other to sedate the masses. So money isn't the problem here.
“welcome @fisconline into the growing Keyloop family” equals more people going to looking for alternative employment when they strip them to the bone for their hunger of the exit bonuses. Not buying the people just the IP.
Check the calligraphy!
Xavier, Paul, is it one of you writing?
In reply to the post "What class of a payout was offered"
It depends on local agreements made between workers council (if present), Union and management, to avoid any legal issues.
In Italy we've closed a good agreement and almost of us are trying to go far far away from FP and all their crazy way to drive the company!
What class of a payout was offered, ballpark only. Not asking for specifics just a general idea. X weeks per year of service or some such?
There were another 6-8 people laid off from the UK Bristol office at the end of August. There are people voluntarily leaving each week, last one out please turn the lights off.
There has been no more UK layoffs that I am aware of. (I’m UK based)
Some associates are leaving voluntarily
Have there been more layoffs in the UK this week?
From Italy I confirm: always the same slides, no operational details, it looks like a kindergarten play. KLT very far from being competent managers, and this is very sad for everyone, even for FP members.
it is really cost effective indeed
Post from TheLayoff.com
New support model? This one where customers solve their problems themselves?
Does anyone believe in the new support model?
"Is there anybody here aware of past operations made by FP in terms of massive layoffs?"
Yes, did you even bother checking.
https://www.crn.com/news/security/forcepoint-layoffs-cut-deep-into-channel-organization-sources#:~:text=The%20layoffs%20took%20place%20March,executive%20Manny%20Rivelo%20as%20CEO.
http://government.secure.bambooapps.com/f4kxzibw/francisco-partners-layoffs
https://www.channele2e.com/business/talent/logmein-layoffs-2020/
https://www.glassdoor.co.uk/Reviews/Employee-Review-Verifone-RVW28168882.htm
They have a very solid history of doing this.
This is the typical behaviour of locusts ...
Is there anybody here aware of past operations made by FP in terms of massive layoffs? I think no, because you will find only celebration from finance world for their business, and none related to the way they follow to achieve the goal.
Bleah, fu** them.
Open your eyes guys and choose the right pillow, otherwise the Matrix has you!
Please explain. Has somebody of the KLT been fired?
It appears the KLT couldn’t survive its own Cull, laughable….this evil knows no bounds.
In The Netherlands work council is still negotiating with Keyloop about layoff conditions.
Which Countries are still in "red zone" where workers councils and local laws prevent the people from loosing their Job?
Germany? Netherland?
Any country else?
how is it possible to work in an IT company where expertise is not required and where there is no training?
I stay in keyloop, why do new managers have to make a lot of money if I leave? I don't play their game.
So sorry for those left, so happy for myself.
just wonder. All the news I hear is only from my location or nearby. ME and Asia has survived from the wave?
“ Those that remain no longer care and are looking for ways out, a real shame”
Sums it up perfectly. Only ones happy to ride it out are the folk on the old Kerridge pension plan
scandalous management of investor money ..... giving a jewel company to incompetent people ...
Sales are non existent, unable to deliver revenue due to job cuts. FP care about the money, they’ll look ok this quarter and maybe next due to headcount reduction. As soon as they realise the truth beyond what the yes men (Mr run and Hyde being a classic example of promoting failure) are telling them, They’ll look to cut losses and sell, they have a track record of doing this. Unfortunately it’s too late, the product is far more complex than they realise and experienced staff have been dispensed with. Those that remain no longer care and are looking for ways out, a real shame.
I work in Italy and I hope that today our work council will show us the best way to manage this terrific situation: leave with a backpack full of money and hope, try to ask the court to judge the method, or remain in a "new" company...with no idea about the real plan KLT has for our future.
And what about other "Red zone" countries?
Will see...
I am disgusted, the unique word is Incompetents.I will exit asap...
Maybe if you are out of work and struggling you maybe do give a sh-t. One persons view.
Many employees don't give a sh-t about the agreements between FP and the new CEO.
FP had a playbook from day one. The numbers of exits were already agreed with the new CEO on appointment. The management just execute the plan, they had zero say on the numbers mark my words!!! Puppets on a string.
The management team would come across much better if they just admitted they made a serious error in judgement in the numbers they fired in support
the company prefers to crash into a wall rather than admit the mistake......
that's clear, i thought the company would have changed its mind
not everyone agrees to be fired ... there are courts to oppose ... this is nothing new.
“workers don't leave keyloop ... the show starts now .....”
Some more info on your thought process on this?
- how do you mean exactly and in which country? decision by the company or by colleagues?
workers don't leave keyloop ... the show starts now .....
The amount of high quality very knowledgeable staff who are now finding new companies is very high. The KLT have no idea of what the business does or has done. The upper management have been promoted way above their capabilities. The result is the car crash now fully underway. The ship is not sinking its hit the ocean floor. Get out now as their plan is suicidal.