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!
July layoffs
I've heard some rumors about potential layoffs this month, I'm hoping somebody here could shine some light on it (or preferably tell me it's not true).
How many people have been benched?
It feels like everyone. I can barely manage the work I’ve been assigned. My team has been decimated.
Global Bench?
Former IBMer here. I left IBM 5 years ago in the area that is now Kyndryl. My husband has stayed and he is in delivery. He was just notified that he has been moved to the Global Bench. In the letter he received with instructions it has a process... — read more
Kyndryl wants Amy to be Scapegoat
Kyndryl wants to make Amy the scapegoat for these fraud allegations.
Layoff news, anyone?
I’m hearing rumors but nothing confirmed. Anyone else?
Kyndryl's lack of a legal response against Gotham is very suspicious
When a company is presented with fraud allegations, they are supposed to quickly swing back hard to protect investor confidence. Kyndryl should have almost immediately launched a defamation lawsuit against Gotham, yet... Silence. This suggests... — read more
The other time Marty was involved in fraud investigations
Remember back in 2022 when Marty was accused of purposely misleading investors on mainframes sales figures? Well, looks like the sharks smelled the bait. Now Gotham, one of the most feared research-based short sellers has accused Kyndryl and Martin... — read more
What did Marty do at the new beach house this weekend?
Planned more layoffs?
Are we finally done with stealth layoffs?
I'm not exactly sure what else to call them, but they've been happening for months on a small scale. A few people here and there, but consistently. It's finally been over a month since I've heard about any new people being let go, so I'm hoping we... — read more
Kyndryl shares slump after Gotham City alleges it manipulated metrics
https://www.reuters.com/technology/kyndryl-shares-slump-after-gotham-city-alleges-it-manipulated-metrics-2025-03-27/ March 27 (Reuters) - Shares of Kyndryl (KD.N), opens new tab fell nearly 13% on Thursday, after a research report from short-seller... — read more
Layoffs? How is this company still in business?
Seriously? Seems very odd to me that Kyndryl is still in business. No new business. Existing contracts looking for outs. How?
Signings increase in earnings reports
Almost every post here mention no, or very limited new signings. Yet, latest earnings report(s) show constant YtY increase in signings. What’s the catch? Is there really increase in new business, or is it just smoke and mirrors?
Global RA Tsunami to be unleashed in April
Shortly after the disastrous q4 and full year figures are published, an unprecedented global resource action will be unleashed in Kyndryl globally - especially Northern Europe, ANZ and North America employees will be decimated- no BU is... — read more
Layoffs at Kyndryl 2025
Yes. The layoffs are continuing. I am not aware of the volume or locations.
Hiring Consult Partners?
I keep getting contacted by recruiters for "consult partner" roles. What exactly is that role? Sounds like it's both sales and delivery. Is it advisable to consider and join Kyndryl now?
More U.S. Actions
We hear there are more layoffs in progress. One-on-ones scheduled.
Morale
Kyndryl stock is up. How about the morale amongst rank and file