Well, I guess a few of us have made it and still have a job.. Guess all is ok again. BUT welcome to the new world where there will be layoffs every quarter. So from here on out. Welcome to the new world of looking over your shoulder to see if another round of layoffs is coming. Great job B.M.
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Drive is a dinasour and there is no sign of evolution on the horizon
BM comes in and does this often he did it the 1st time he was here and to investors and bottom line people, it looks like progress. Like fat trimming - Good luck everyone- The rest of the industry has had their turn and now are back hiring and developing.
Greed that destroys companies, greed that destroys nations with wars, greed that destroys the world ... a hug to all colleagues who are suffering from the few who exist in the world with goal of making money.
Well what ever he's doing. It's working. I just gave my notice. As much as I love working for CDK, I could not imagine walking in everyday wondering if my name will be pulled out of his magic hat. I can describe it as a divorce I did not want. I truly enjoyed and loved working for CDK. But under these circumstances I had to do what right for me and my family.
CDK is imploding with another old time corporate raider much like Jack Welch of GE fame. He’s doing it by reducing the employee expense that will add profit and make the company more attractive for new buyers. The new CEO won’t be there long and his reign of te---r of laying off employees and disingenuous and disregard for the company’s customers will be disastrous.
@1ejs+1hXjgJUj these teams are likely tied to products like Dash, which is being pushed to sunset ASAP. MacDoofus has already told customers that these products are going away very soon.
Probably to try to make people leave before severance is paid out.
I wonder if the early notice is in lieu of severance
Who told them? HR or their managers ?
Some employees in R&D have been told their Last day is Oct 31 in the US
What do you mean an end date? They're getting laid off that date? What group was that in?
Some have already been given an end date of oct 31 as well. Full time employees.
There will be more layoffs in Tech too.. Mahesh shah indicated about more layoffs coming up
Most of the actual talented peers that I spoke with yesterday and today have been polishing their resumes and talking to recruiters. I give it six months before the only ones left are the political operators, the short-timers, and the timid.
230 does not include contractors , I suppose.
Per BM, he cut 230 people.