Thread regarding UKG / Ultimate Kronos Group / Ultimate Software Group Inc. layoffs

Profits are their purpose

UKG is the kind of company that fires tenured employees right before they are able to retire. Sad to watch this once great company descend to the bottom of the barrel. Avoid at all cost, they want to replace all humans with AI.

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They've been lying about their financial revenues since the merger... In 2020, after the merger, they reported that they had double of revenues and profits... I was thinking, how come? You just paid a billion dollars to buy a company with cash offer. How come did they get double of revenues and profits?

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