If you were laid off recently, were you given the ages/job descriptions of those laid off with you, in your Employee Information Package?

Laid off today, first day back from medical leave and immediately let go. Minimal severance and no benefits past termination date. Absolutely callous behaviour

If you sign any severance docs, you absolutely CANNOT sue. Only Arbitration Average age of those laid of is 53 (An absolute fact)!! If you want to potentially sue for age discrimination, I highly recommend Wright & Greenhill in Austin, who... — read more 

https://www.theregister.com/2023/05/13/kyndryl_ibm_sued_discrimination/ Even the font is the same - "The severance package which Kyndryl has offered to laid off employees appears to be based on the severance packages that IBM had offered its laid... — read more 

So it looks like the company outsourced the handling of the layoffs in Ontario to a company specializing in the corporate side of things - https://hicksmorley.com/ They're lowballing ALL the offers as far as I can tell from the few people I've... — read more 

The company's approach to recruitment is troubling, as they appear to have pursued a hiring spree targeting high-salary individuals without a sufficient level of transparency regarding their practices. To make matters worse, there have been reports... — read more 

Did anyone see these allegations that Martin Schroeter, the CEO of Kyndryl, was involved in a scheme to move revenue from IBM's mainframe business to trendier sectors in order to enrich... — read more 

I'm keeping eyes on my calendar but haven't received any invite from HR or management. Anyone here who got RAed this week?

It's not so much a false promise as much as it is a bet that's failing. Kyndryl has two major challenges ahead of it. The first challenge is that for a lot of clients, there are better and cheaper ways to manage their infrastructure than to have... — read more 

Kyndryl CEO Martin Schroeter had a compensation package of over 26 million in 2021, or 452 times the average Kyndryl worker! The average for a company of Kyndryl's size is 6.82 million. This guy is a poor-performing clown and this is how he is... — read more 

Just had a conversation with management about my last day being May 19th w/ 3 month severence package. The boat has crashed.

got walking papers today. I don't think Kyndryl is done yet.

US sales teams and possibly others seem to be getting notices today. Not sure how wide spread but meetings are on the calendars and notifications are being made

https://www.theregister.com/2023/04/04/ibm_and_kyndryl_are_cutting/ "IBM services spinoff Kyndryl has confirmed it's laying off staff while Big Blue is also shedding employees, as part of the industry-wide job cut contagion that has plagued the tech... — read more 

More cuts - Articles like this pretty much support what others are saying - https://www.businesstoday.in/latest/corporate/story/tech-layoffs-ibm-spinoff-kyndryl-eliminates-marketing-admin-hr-roles-in-india-375858-2023-04-03 It's so tempting for... — read more 

At the beginning of February, the Kyndryl company suspended all sales activities in emerging markets such as Eastern and Central Europe, Baltics, and Turkey. These are evident signs of the likely closure of local branches and the dismissal of... — read more 

These were layoffs all around the globe, not just in the US. I know people are tired of outsourcing and seeing our jobs being shipped abroad, but there's no reason to adjust the narrative in this particular case when we are all in the same cr-ppy... — read more 

https://www.channelfutures.com/business-models/kyndryl-confirms-layoffs-as-no-1-cost-is-always-flesh-and-bone

https://www.theverge.com/c/22820291/tech-jobs-outsourcing-infosys-bench-paid-to-do-nothing

Jobs cut in USA move to India.. the total number of Kyndryl India gonna above 30000 soon.

"Kyndryl's behavior in regards to layoffs does indicate a culture that is not focused on the retention of employees. The process lacks transparency, empathy, and any compassion. This could damage their reputation, as it could make potential employees... — read more 

https://www.reddit.com/r/kyndryl/comments/126fjnr/job_cuts/ "ibm4real 22 hr. ago Second line manager from US checking in. Throwaway account. Plenty of movement coming for those on the bench. Some will get layoffs some will take a voluntary... — read more 

So based on freely available info inside the company it looks like there are over 2000 people worldwide on the bench for that last couple of months. How do you explain that cost to shareholders? Further reductions just seem inevitable...and a... — read more 

To me, this whole bench program is a deception to reduce staff, by consolidating work onto remaining employees, that will result in more overworked personnel getting burned out. The bottom line is to save on money to increase share holders... — read more 

https://www.networkworld.com/article/3692251/kyndryl-lays-off-staff-in-search-of-efficiency.html Kyndryl, the managed IT services provider that spun out of IBM, has announced layoffs that could affect its own internal IT services. “We are... — read more 

Bloomberg.com's coverage -- https://www.bloomberg.com/news/articles/2023-03-29/ibm-spinoff-kyndryl-cuts-small-percentage-of-90-000-workforce#xj4y7vzkg By: Brody Ford March 29, 2023, 9:11 PM UTC Kyndryl Holdings Inc., a 2021 spinoff from IBM with... — read more 

Yep, ya got that right! "It's like déjà vu all over again." https://wraltechwire.com/2023/03/30/layoffs-hit-ibm-spinoff-kyndryl-triggering-memories-of-big-blue-job-cuts/ Note the article says too: "However, a layoff notice has not been filed... — read more 

A friend told me their manager mentioned that layoffs are done - for now. Granted, he could have been talking specifically about their group since they've been affected already, but I'm hoping he meant the entire company. So far I haven't heard of... — read more 

...and anyone that's worked at IBM and now Kyndryl understands that it's an ongoing process. Most are numb to it I imagine. It doesn't take an MBA to see that it's not a profitable business, IBM let it got for a reason, and the number one cost is... — read more 

I heard rumors that many more cuts will follow.

... Executive Bonus and interest rate!

Is it true that there is a kyndryl layoff in asset management ? We got asked to come all my team to the office! No reason given! So it is very weird

US got hit today. Other Countries to follow this week.

https://hbr.org/2022/12/what-companies-still-get-wrong-about-layoffs Today it’s difficult to read the news without seeing an announcement of layoffs. Just this week, Morgan Stanley announced it will reduce its workforce by 2%, Buzzfeed said it would... — read more 

So it seems the 'Bench' program has started at Kyndryl as they sort through staff and seek to layoff folks that they feel have reached an end to their usefulness. They'll be going through the motions of finding these folks roles but really...they... — read more 

Making the right moves?? Apparently this analyst hasn't been tracking the stock price nor the revenues since Kyndryl became a company. https://www.forbes.com/sites/patrickmoorhead/2023/01/26/kyndryl--spinoff-from-ibm-making-the-right-moves/

Your comrades are gone from IBM too!

JC, practice lead, made those comments earlier this week at an all-hands call for Cyber & Resiliency practice (" we have too many employees, we have $40m in expenses we need to clean up if we want a job next year"). Nice motivator!