#doubt

There’s no way fidelity will layoff a significant portion of the staff. Abby doesn’t want to let her friends go.

The tech teams might be impacted, but with no vbo, how likely is it that there will be layoffs.

Anyone else have doubt about investing in LP in 2027? I’ve been looking forward to it but now I’m not sure I’m comfortable putting my money in.

How do I know it won’t be wasted or used to further compensate already wealthy GPs? LP has worked out great for associates in the past but part of me thinks it’s a trap.

Does anyone feel like they have been working hard , working late night to do something, and yet not getting enough credit or praise or call out for doing it?

And the manager or team lead favoring certain people and being biased ?

This crumbles the confidence and just gives constant anxiety to prove yourself, work longer hours and constantly doubting yourself.

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 targets

By: Connor Hart
Aug. 4, 2025 4:35 pm ET

Businesses are continuing to invest in technologies that boost productivity and shore up operations, according to Kyndryl Chief Executive Martin Schroeter.

“Customers are completely willing to engage in discussions to help them take advantage of opportunities like AI, or prepare for challenges such as cybersecurity and new regulatory environments,” he said Monday.

Demand for the company’s consulting services, as well as its cloud and AI partnerships, has remained strong, Schroeter added. That strength helped Kyndryl deliver sharply higher profit in its latest quarter, as companies continued spending on technology despite economic uncertainty.

Consulting revenue rose 30% in the quarter, while signings over the past 12 months climbed 36%. The company’s pipeline is stronger than a year ago, and Schroeter said he expects consulting to keep expanding as clients prepare for new regulatory environments and integrate AI more deeply into operations.

Artificial intelligence is also at the center of Kyndryl’s long-term growth strategy.

Companies are increasingly turning to the firm to ready their infrastructure and workforces for AI, from strengthening security to improving day-to-day operations. Kyndryl is investing heavily to support those efforts, Schroeter said, pointing to partnerships with major players such as Nvidia, Dell and Hewlett Packard Enterprise as part of its bid to stay at the forefront of AI adoption.

Revenue tied to work with cloud hyperscalers, such as Microsoft and Alphabet’s Google was about $400 million in the recent quarter, an 86% year-over-year increase that the company said puts it on track for its target of $1.8 billion this year.

Kyndryl, spun off from International Business Machines in 2021, provides information-technology infrastructure services. The New York company designs, builds and manages information systems for thousands of clients in more than 60 countries.

The company posted a profit of $56 million, or 23 cents a share, for its fiscal first quarter, which ended June 30, compared with $11 million, or 5 cents a share, a year earlier. Adjusted earnings were 37 cents a share, just ahead of the 36 cents analysts polled by FactSet had expected.

Revenue was roughly flat at $3.74 billion, below Wall Street’s $3.8 billion estimate.

Kyndryl reaffirmed its fiscal 2026 outlook, guiding for adjusted pretax income of at least $725 million and free cash flow of about $550 million. Schroeter said the latest quarter’s results keep the company on track to meet its long-term fiscal 2028 targets, which call for tripling cash flow and doubling profit.