The riff we expected to happen Thursday 12/14 is actually going to be carried out tomorrow (Wednesday 12/13). Confirmed happening and will be large cross business units. Good luck all.
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Looks like not many people are on or aware of this site, but the responses that are here indicate many people got let go, probably more coming as Serbia and locations overseas continue to take jobs, USA seems to be hit hard, other countries will follow.
Not sure total i heard 10-20% of US. I only knew of 5 people personally and heard of about 10 others. Mgmt has been very quiet about it. It’s very hush hush.
Impending volatility ahead, you have been informed !!!
https://finance.yahoo.com/news/implied-volatility-surging-ncr-voyix-133600117.html
Voyix sold $82 million in payments assets, didn’t hear this? Has the sale began? Doe not say who bought it either?
https://www.paymentsdive.com/news/ncr-voyix-sells-payments-assets-for-82m-divestiture-pos-merchants/700684/
They were all let go.
Not seeing any updates ??
Does anyone know the damage this week (% and/or head count wise) for both companies? Also, how many impacted total at GHQ?
Anymore RIF’s to end the week?
Good point about financial’s. BTW Voyix stock hasn’t moved since the split and Diebold stock has skyrocketed.
Market seems to think a weaker NCR brand has strengthened the competition.
Something more gotta be coming. Like a bankruptcy like Diebold did. They were 6bil in debt before the split. Now Atleos hold 2.5b debt but voyix is at 7.8b debt. Other Financials are bad. These numbers were taken from yahoo financial statistics. All i see in this split is ncr delivering twice the disappoint to its customers and what employees are left. Only top 1 percent in the company will make out.
Two day RIFF? Interesting as they usually get er done in one!
Novel strategy: shrinking to greatness? Eliminating front-line, customer-facing contributors but keeping the fossils whose vocabulary is limited to the word “no” ? Hey Atleos and Voyix Sr Leadership, it’s nearly 2024 , not 1994…customers became empowered while you slept. You are on borrowed time and the bill is due.
Whelp, confirmed more RIFFs today as well apparently. At least 2 people this morning so far.
Yep, me and 4 others were let go today 12/13
My Teams has stopped working, if they send me an invite I guess I can't join, so I'm good !!
2 from Product Atleos. Me include.
It is a bit too quiet today
Anyone walk into getting walked out, or get that surprise invitation to attend a teams meeting?
When the C levels and leadership are just hogging dineros and putting this mess into more sh-t and chipping employees left & right wow investors like that !! Use brains but using copied chaos to destroy
Good Luck. Everyone Praying for y'all
Split the company and double the RIF tradition.