Are they coming? Raises sure aren't.
Job cuts ahead
Kyndryl posted the intention of cutting some jobs. With a charge around $200M we can estimate approximately 2000 to 4000 jobs to be impacted.
Dark clouds are gathering
Shortly before the FY2026 results will be announced on May 6th a global RA will hit all Northern European and north American teams. The scale of the RA will be unprecedented but is timed to address the disastrous financial results. Fasten your... — read more
Kyndryl has become top heavy
Kyndryl has become top heavy. Each week, some new executive joins to “transform” and bring “thought leadership” while laying off highly technical hands on keyboard skills. @115+1kn7fxr2v Came here to check for layoff updates, ran into this post... — read more
Kyndryl - Future State
With stock price halved, Kyndryl is a very attractive options for Private Equities and India IT chop shops that would love to have the sticky managed services clients. What are your thoughts?
Kyndryl Recognized As A "Most Loved Workplaces" - Seriously???
Saw this on LinkedIn today, what a joke! I don't work at Kyndryl anymore, but I remember my time there and it was brutal. Leadership constantly switching to the next big thing, reorgs every 3 to 6 months, managers who didn't have a clue about what... — read more
Okay, Here's what the Fraud Drama is About
I think it's worth simplifying the story what is actually being investigated by the SEC. Basically, in March 2025 Gotham City Research accused Kyndryl and namely CEO & chairman Martin Schroeter of major issues surrounding cash flow. Firstly, it is... — read more
Rosen Law Firm announces it has filed a class action lawsuit on behalf of Kyndryl investors
And right on cue ... the piling on begins: https://rosenlegal.com/submit-form/?case_id=38139 "Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Kyndryl... — read more
Kyndryl Faces Governance Turmoil As Legal Risks Reshape Investment Narrative
It's only a matter of time now. https://finance.yahoo.com/news/kyndryl-faces-governance-turmoil-legal-091414134.html
Investors sue Kyndryl after SEC probe triggers 55% stock crash
It's not looking good. . . https://www.investmentnews.com/regulation-legal-compliance/investors-sue-kyndryl-after-sec-probe-triggers-55-stock-crash/265264
will kyndryl go bankrupt in the next two years
honest question
Kyndryl Shares Halved Amid CFO Departure, Accounting Review
There's no way IBM won't feel some residual effect from this. https://www.wsj.com/business/c-suite/kyndryl-finance-chief-wyshner-leaves-amid-accounting-review-167cd93d The company also cut its guidance for the year after posting third-quarter... — read more
Martin Schroeter Needs to be Fired
This crisis over poor financial controls and potential fraud is completely unacceptable for a former CFO and now CEO. The only real remediation plans involves Martin being fired. Not him "leaving for personal reasons", but actually fired. Without... — read more
Kyndryl’s Collapse Isn’t a Dip Worth Buying
Barron's: 2/10/26 - Kyndryl Holdings shares plunged 55% to $10.59 after multiple executive departures and an SEC review of accounting practices. Guggenheim Partners downgraded the stock to Neutral, citing unanswered questions and weak fiscal... — read more
Kyndryl’s $2.8 Billion Vanishing Act: Short Sellers Vindicated as the SEC Moves In
"For nearly a year, the company dismissed short-seller allegations as mere 'falsehoods,' but today those chickens came home to roost with a $2.8 billion loss in market... — read more
THIS IS ENRON ALL OVER AGAIN ! WHO IS THE AUDITOR ?
This reminds me of ENRON. How could this happen ? Martin buddy, where were you ?
SEC Investigation?
CFO left, Chief counsel left. Last years allegations by Gotham Research chicken’s are coming home to roost. Marty was cooking the books.
Project Omni
So Kyndryl very secretively initiated Project Omni to displace US workers with ones in low cost countries like India. Someone got a whiff of it, and the project was shutdown. The resources hired/shortlisted for Omni are now being accommodated to... — read more
Potty Training on the Titanic
Kyndryl is a terminally ill patient dying by a thousand cuts awaiting for someone to pull the plug and take it out it’s misery. The potty training by chief crybaby Turdledge is the last bowel movement before its lights out.
POD 3.0
So, received announcement for POD 3.0. It seems to be a “every account for itself” model and creating technology silos. If a POD needs XYZ skills; the POD is supposed to build that skill, even though it may be existing somewhere within Kyndryl... — read more
How many employees?
When Kyndryl started they bragged about having 90 000 employees all over the world. I'm wondering how many they have now? Any info? It would give a scale of layoffs. I bet closer to 60-50k
Kyndryl clearing out comments??
Did anyone notice that there are basically no current (ex)employee comments on the situation inside Kyndryl despite being completely sh---y? The Reddit is full of active threads from IBM on the existing November layoff and other coming, in contrary... — read more
Drive off a cliff
Jamie Rutledge is on a mission to drive delivery off a cliff. The minions he has hired (Michele Moesman and his direct reports) are the foot soldiers in brute forcing the implementation of “industry pods”. Highly efficient teams being broken into the... — read more
US layoffs
Just notified today not really surprised. Over 55 in the US
Only hire in India
There’s a corporate direction (at least under Jamie) to hire only in India. Any exceptions need to be approved by some board.
Kyndryl's Next CEO Rob McCourt
At least he has some ethics and the guts to tell the... — read more
Leadership Development Program, ReOrg and POD model
Leadership Development Program and everyone who was in it has been put on bench. Hearing that there will be significant re-org by November. Most jobs going to India Delivery is again being worked into a POD model, further consolidation. Rutledge... — read more
Manufacturing Hapiness - Stalinist Style
Engagement Pulse Survey (employee satisfaction survey) is going to be sent out early in November. The result of this thing seems to be nr. 1 priority of our management around here... Our overlords care the most about two questions in particular in... — read more
Financial Reporting
Imagine if our Executives put as much effort and creativity into developing viable strategies for growth and driving revenue as they do devising ways to manipulate financial reporting.
What's the atmosphere in your area?
In F&O management is running around like headless chickens. I think big cuts are coming very soon.
AP News: Trump signs proclamation adding $100K annual fee for H-1B visa applications
Oops Kyndryl! Time to rewrite your Business Plan! https://apnews.com/article/h1b-visa-trump-immigration-8d39699d0b2de3d90936f8076357254e
Layoffs info
Layoffs across the USA as kyndryl’s new US president Rutledge is demanding grow or else mindset; senior mgt is being shuffled, senior leaders and experienced ppl ousted, they are back to the IBM ways of cut to get growth, which is like throwing the... — read more
Just to let you know how things will go on at Kyndryl - Kyndryl Continues to Invest in India, with Plans to Spend $2.25 Billion over Three Years
Aug 21, 2025 PDF Version Commitment builds on Kyndryl's existing presence in the country and advances AI initiatives, while fostering the next generation of technology talent BENGALURU, India, Aug. 21, 2025 /PRNewswire/ -- Kyndryl (NYSE: KD), a... — read more
Consult Partner Hiring?
Consult Partners Hiring? Heard from an external recruiter that Kyndryl is hiring 20+ Consult Partners in the US, at $250k+ base. How accurate is that? Would anyone recommend pursuing the opportunity? How's the interview process? How's the current... — read more
Sell, Sell, Sell
Very strong focus on selling these days. From delivery partners to client partners: everyone has been asked to contribute to quarterly revenues. Looks like the old IBM days of shoving iron ( aka Z systems) down everyone’s throat and generate revenue... — read more
Major tech layoffs happening right now
Are we next?
Kyndryl Posts Higher Profit as Businesses Keep Spending on Tech
These numbers have to be fudged. https://www.wsj.com/business/earnings/kyndryl-posts-higher-profit-as-businesses-keep-spending-on-tech-becda043 Company reaffirmed its full-year outlook and said its latest results keep it on track to meet long-term... — read more
AXP Account
Anyone have any info on how things are going on AXP? They don't tell us anything. Thanks!