Thread regarding Gainwell Technologies layoffs

Sale deal underway!

Not to give away the buyer name - Veritas is working the numbers to finalize the deal. North of 25% will be laid off over next 6 months. Pack up and get ready to find the next gig!

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| 2132 views | | 11 replies (last February 4, 2025) | Reply
Post ID: @OP+1jjqnfgrd

11 replies (most recent on top)

Recruiters do not have any work - they keep busy with interviews but hardly anyone at junior doer-level getting hired from outside. Only execs from consulting firms joining Gainwell.

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Post ID: @188+1jjqnfgrd

I call BS - If that was the case then recruiters wouldn't not be interviewing for new employee's which they are.

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Post ID: @13p+1jjqnfgrd

Other than maintenance contracts for existing State systems, what does Gainwell have? Certainly no new business in the pipeline.

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Post ID: @nn+1jjqnfgrd

260 employees were moved to NTT data, I don’t know specific disciplines within ITO but I do know they hired yet another VP for that group. Next layoff will happen on February 10. No idea how many.

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Post ID: @k8+1jjqnfgrd

Are you implying people at Gainwell ever had skills to begin with? Bold.

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Post ID: @jv+1jjqnfgrd

Curious does anyone know the number of employees who were rebadged to NTT Data? Specific skill set?

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Post ID: @hz+1jjqnfgrd

Google....

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Post ID: @f8+1jjqnfgrd

If there is a buyer out there and they are doing due diligence and see these posts, they are not buying Gainwell.

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Post ID: @d7+1jjqnfgrd

Gainwell has its own internal chaos. I can't imagine how they will be able to keep up with all the governmental chaos coming their way.

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Post ID: @ar+1jjqnfgrd

No buyers considering Trump just tried to ki-l medicaid

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Post ID: @am+1jjqnfgrd

Whoa! If this is not fake and true then it’s time to celebrate.

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Post ID: @a1+1jjqnfgrd

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