Kyndryl is dishing out shares worth hundreds of thousands of dollars to execs in the middle of a redundancy program CEO Schroeter's latest stock award takes his total tally to 2.449 million shares. Likewise, Keinan now owns 1.603 million and Chugh... — read more
Lots of people laid off today?
It seems like a lot of people got news they’d be laid off today. Does anyone know how many as of this point? Looks like these next couple weeks will be pretty bloody.
Just Notified of RA in US
Just had manager discussion and was notified last day will be July 2. Normal cr-ppy US severance of 3 months. Went through the normal we're not picking people because of age and the 3 others RA'd in a small team were all of 45. One people was... — read more
I'm so tired of deadlines being we-ponized
Let me do my job and it'll get done in time. Hanging over my shoulder all the fu--ing time will only slow down the process and you threatening with my name being put on the "list" if it's not will just get me pi---d off, not motivated. How hard is it... — read more
Recent email
Did anyone hear anything today? Sounds like today is the day based on the email from EK.
The Mickey Moesman thread deleted? why? who did it?
there was just a thread about an email that Mickey Moesman sent out to delivery, where did it go?
Is tomorrow D-Day?
We know the massive charge takes place in 1Q and tomorrow is the last month in the quarter.
Kyndryl takes employees' pulse while cutting off circulation for some
THe timing of the Pulse survey is straight out of the deeply flawed HR playbook cooked up by MaryYoYo Chardonnay. https://www.theregister.com/on-prem/2026/05/28/kyndryl-takes-employees-pulse-while-cutting-off-circulation-for-some/5247246
Kyndryl attempted acquisition blocked by Dutch government
The Dutch government has blocked the sale of Solvinity, the company that manages its online services portal DigiD, to the US-based tech giant Kyndryl amid concerns that millions of citizens’ private data could be... — read more
Has anyone learned they’ll be impacted yet?
Everything if very quiet on that front
Delivery is headed towards a cliff
Delivery is headed towards a cliff. And I dont see any skid marks. Stable accounts (prior to Industry POD) implementation have frequent escalations and major incidents. Moesman is sleeping at the wheel while his minions and direct reports do the... — read more
When will the blood bath begin
And by that I mean the impending 10K layoffs. Do you think that people will get invitations one by one OR will they opt for mass exodus via grandiose hands on call? I am scared shitless. I need $. No good. Honestly though im worried.
Severance pay?
In case I’m one of the folks getting laid off, trying to make sure my finances in order. Does anyone know what the severance pay usually is?
Kyndryl salary delays
Kyndryl has reported salary delays across several countries, citing 'technical issues' as the cause. However, this appears to be a smokescreen for a liquidity crunch. While employees face financial uncertainty, the company recently spent $304... — read more
So, now we wait?
We know cuts are coming, but we don’t know when or any real details beyond that. So now we get to sit around stressing and worrying for who knows how long. I’m sure that’s going to do wonders for everyone’s mental and physical health. I really hate... — read more
Kyn
Kyndryl restructuring should reduce overhead functions and reduce the number of managers that lack technical knowledge Of the various systems they try to manage. All chiefs and no Indians will cause the company to collapse. Ai can identify various... — read more
Pay Reductions
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.