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 for him remain engaged and apply for other jobs available. When I read this letter it states that if a position is not found for him within 30 days he will be separated from Kyndryl. My question is this a "firing" or "layoff". To me (sales background) this is a PIP and you will be terminated..aka no severance, no unemployment. Thoughts from anyone who has been there or know if my assumptions are correct?
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Is Kyndryl still a thing, between Marty lying to investors and customers bailing, I am surprised that Kyndryl exists.
So, this is the story: they tell you to look for another job, but there are limited roles, and they already know who they want to put in the spots. In short, Hubby will be fired or laid off in about a month.
@10x OP didn't ask about getting the job back?
No matter what you all call it, it's very unlikely that dear hubby will get his job back if he's let go. IBM never worked that way, and neither does Kyndryl.
@zv A furlough is a temporary, unpaid leave of absence, while a layoff is a permanent termination of employment.
You're mistaken.
The difference between a layoff and a firing is cause. The cause of a layoff (redundancy) is that the role is not required. The cause of a firing (dismissal) is that you are not performing the role in a satisfactory way. A layoff might be temporary, but usually isn't.
Companies can and do play around with these definitions, but that doesn't make your definitions right.
This is a lot of BS language that goes back to the IBM days. The OP shows much insight just by asking the question. A "layoff" is a form of TEMPORARY job termination. It occurs when business conditions are lousy, and includes "rights to return" when business conditions become good again. Those rights to return are typically based on seniority, work location and factors like that. The car companies provide a good example...they lay off people all the time when business is off, and hire them back when business picks up.
What IBM did and what Kyndryl is doing is NOT, and NEVER HAS BEEN, a LAYOFF. It's a firing. An involuntary termination. He's getting canned. There may be severance (MAYBE), but there are no rights to return. No means of keeping contact in case business picks up again. In almost all cases, they will never rehire the employee under any circumstances. (Don't feel bad, it happened to me and many tens of thousands over the years.)
To the OP...understand that difference, ACCEPT IT, and move on with your lives. Find another job, and do not expect anything more from Kyndryl. Like their IBM predecessors, you won't get anything more from them after the last paycheck clears.
The writing has been on the wall since before Kyndryl even existed. Why was he still even there? Wake up people!
This is standard IBM/Kyndryl layoff.
The position has been made redundant, so he has been put on the bench where he can train while looking for another role. It's not a PIP.
If he gets a new role in the company, then he's back in the game. If he takes a job in another company, then he's quitting, no payoff. If he stays on the bench until he's let go, that's a layoff, with settlement. Settlement terms vary widely depending on country.
How long he is allowed to remain on the bench varies, regardless of what it says in the letter. I've known some who were let go after 30 days, some after 90, some after a year.
Best of luck to him
I've heard from people that they received a three month severance.
Should be a layoff. When it happened with our team the separation documents specifically called it a workforce rebalancing plan.