Thread regarding Kyndryl layoffs

Italy

As a former IBM employee and now an employee of Kyndryl, I must admit that I feel deeply disappointed by the way the company is being managed in Italy.

While acknowledging the challenges posed by the current economic climate and the separation from IBM, which left Kyndryl operating without its own software and hardware portfolio, I believe that more could have been done to address the company's structural and organizational issues.

The average age of the workforce is very high, yet little seems to be done to address this issue constructively. Instead, the approach appears to be one of separating younger and older employees into two different legal entities, without providing genuine opportunities for professional development or clear career paths in emerging business areas.

The recent announcement of 87 redundancies is particularly concerning. Alternative social security and employment support measures, such as CIGO (ordinary wage supplementation), could have been considered. Rather than applying a scheme limited to one day per month, as was done two years ago, a more substantial arrangement—perhaps one month of reduced working activity every other month—could have provided greater protection for employees.

Despite the company's repeated statements that its people are its most valuable asset, the evidence seems to suggest otherwise.

IBM, although not always acting perfectly, has pursued more effective approaches to workforce restructuring and the management of employment-related issues.

When there is a will, resources and opportunities can still be found. The company convention held in Rhodes, Greece, in September is one example: when something is considered a priority, the necessary means always seem to be available.

This raises a legitimate question: why does the same commitment not appear to be shown when it comes to protecting employees, investing in professional development, and building a sustainable future for Kyndryl Italy?


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| 21 views | | 4 replies (last 17 days ago) | Reply
Post ID: @OP+1m5j7t4ff

4 replies (most recent on top)

KD operates in large and groWing markets yet it isn't growing at or above market growth rates. Preoccupation with Consult has damaged the Managed Services business. As mentioned above need stronger sales teams, better and accountable executive leadership, and more focus on new sales....too much emphasis on renewals.

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Post ID: @x3+1m5j7t4ff

The company are led by clowns. Start to finish, they have been incompetent on a level I have never seen before. The company was filled with "Yes men" from the IBM days and that was fine when the company was doing well but once you have a company failing, those people aren't capable of course correcting because it means thinking outside the box and putting your career "on the line" to make risky decisions but that will ultimately save the company. Nobody at the executive has ever done that.

The problem the company has is that the company is standing on a burning platform. Every day the client base gets smaller, which means the companies ability to do anything "long-term" is constrained. They cannot leave people on the books that aren't bringing in money. They have to balance the books because we do not have the client base to keep staff, hence the ongoing redundancies.

The company has a "joke of a sales team" and internal processes - all the way up to executive level and nobody is changing anything in any meaningful way.

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Post ID: @sn+1m5j7t4ff

Its not only in Italy, its everywhere. Employees are treated as a disposable asset. Horrible and sad at the same time

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Post ID: @ar+1m5j7t4ff

Their only goal is survival, no matter the human cost.
To them, employees are nothing more than consumables—like printer cartridges, drained of value and promptly replaced.
Everyone who walks out their doors leaves with a sense of profound disillusionment.

They have no loyalty to you, and you owe none to them.

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Post ID: @ab+1m5j7t4ff

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