What are your thoughts on this?
https://stocks.apple.com/A-BasNXvbSMWV6sS4gRBCng
23 replies (most recent on top)
I am so happy I exited this toxic / dishonest company years ago. They should really be reported to the FCC for the millions of dollars they allowed two employees in their procurement group to embezzle / steal. They “quietly” fired the duo with no explanation in order to avoid having to tell shareholders of this massive theft scheme…
NCR management will be able to trash two companies instead of one. What an idea! Id--ts
Good luck chopping NCR in half.
It will take employees to accomplish, but employee morale is down. Employees are already overloaded and understaffed trying to do their normal daily job while also trying to handle the results and impact of the poorly failed deployed cloud project witch is not 100% live yet (still work required and more modules) and clean up the live cr-p.
AND now all this cr-p will need to be split into two companies. All the smart people are gone …..you going to hire Accenture again to help lead-you into another failed project.
Employees will be stressed with the uncertainty of their futures. Which company will I work for? Where will my office be located? How would my role change? How soon before my job is offshored?
With all the uncertainty in the air, employee attrition during remaining cloud activity and company split will only lead to material risk to meet target deadlines. Employees will be further stressed and lead to employee burnout!
Time for me to look elsewhere.
Good luck!
Ratcrap idea. Split in 2 and maybe get more interested buyers? This was done to sell assets not grow anything. The assets are the customer base, patients, SW licenses, etc. Not the employees. Everyone in midtown will be gone. NCR is dead, board of directors are stupid, mullet boy will burn in hades.
Mike Go ahead and split NCR into two companies. Do you really think this will make a difference. All investors will still know this is Just “sliced NCR”
If you could not make it work as one company do you really honestly believe things will be better with two half’s.
It is going to take a he-l of a lot of work to get your software half to $60 a share if it would ever happen.
Haha great vision how much did you pay to get to this sh.t conclusion.
You failed as a whole and ki---d NCR company image and employee morale.
Let’s just drop a bunch of ballon’s to kick up employee morale and get everyone exited.
Well we are excited and headed elsewhere or hanging on because retirement around the corner.
I have a really hard time believing that this will be good for NCR's stockholders, customers or employees. I certainly would think twice about putting any of NCR's current board members on the board of my company. 50/50 the split never happens due to 'market conditions and customer reaction'. I foresee multiple significant law suits being filed in the next few weeks.
Can’t sell company as a whole. So split it in two. Wait a few years and put up the sale sign. I’m sure one will probably still be in business in a few years
Let me get this straight - after years of trying to be sold, having numerous companies and venture firms look at the books - they haven’t been sold? Their books must be seriously cooked or in a far worse financial situation then they’re telling us.
Worst hit are going to be h1 and L1 visa workers. after the company splits their contracts go void.
The celebrations and rounds of applause was interesting considering the circumstances. A lot of vague answers concerning current employees “in the short term.” Don’t like the look of things holding together while the company cracks in 2, recent hiring freezes have left areas depleted already.
Well I guess my job being sent oversees in 2021 wasn’t a bad thing. Sh---y company now with surfer boy as the CEO.
Stand by to see more jobs go overseas to India and Serbia. Two smaller companies looking for low cost staffing solutions will have no choice than to outsource. Anyone that thinks this split will have no effect on employees must like the feeling of mullet boy blowing smoke up their bu-t. A company splitting and shrinking is never good and the investors know that. Stick around waiting to find a kernel of corn at a ?hit show and you could find your selfe sitting at home jobless after the new year searching job listings.
If after split if each company can get stock price to $30 and then Mullet sells each company, he can then get his target of $60 sale price?
Prepared 4 years for this and return on investment is visible in the share price …lol
The way I see it, we probably have till 2023 q4 to get our resumes inorder and walk out the door.
Will not impact employees. Many can step up and take larger roles in new companies. Yea dangle a carrot to those who have gave their hearts and souls and who has had aspirations of being promoted.
……Of course Mullet boy would say that. He does not want people jumping before split.
……. Come on Mullet boy be honest and tell us what is really going on?
What a muppet show, they split and will sell in parts.
The stock is way down market does not like this move. Watching the Review and Hayford acts like a mo--nic teenager. This is the CEO just wow. These guys are celebrating bunch of fools. Time will tell what happens with this move.
Stock is down 15-20% in premarket. Maybe the market doesn't like it either?
Layoff going to hit banking really hard. NCR to split into two companies. A sh---y commerce service companies and a shittier ATM company.
Banking software engineers get your resumes ready.
Need more info on this. Does not bother me at all but want to know which one I would be working for going forward.
Interesting year ahead for employees as the brand split happens.
Happy to not be a part of this earthquake.