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 POD model, manages have no clarity on their roles, such as big org change being done without any due diligence. All in the name of driving productivity. Jamie’s minions think that using “Agentic AI”, we can eliminate manual work. Kyndryl is sadly becoming another Indian IT provider under the current leadership. Kyndryl is driving off a cliff, and I dont see any skid marks.
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@OP Totally agree about Kyndryl striving to become another Indian company...I euphemistically refer to that as being TransIndian. They are busy moving their middle management to India, these days.
An investment of $1,000 in Kyndryl stock on November 3, 2021, would be worth $850.87 as of the market close on December 31, 2025. Bang up job by the executive team. When will the BoD wake up.
The only hope for Kyndryl will be self su----e with a bullet to the head of the management and c level for a clean slate, before what’s left of the small workforce bring out the guillotine, pitch forks & fire to take care of the real Kyndryl problem - a diamond shaped structure or more managers and c level than workers left
@dz here in the US we’re about to get hit with a very large layoff. The move to pods just announced two weeks ago has already put a large number of people on the chopping block. I think we’ll all hear in a week or two that were benched. From what I’m seeing many more will be let go than will be kept.
Yes a 37% drop in stock price since 6/30 is indeed progress for an executive team whose goal is to get bought to be ki11ed.
@2ef and yet, survey results show all is fine and we are progressing...
@2ef this is such a good summary of the mess we go through
Recently reorganized and told we're aligning to the top accounts. The problem is the account Financials can't support people just being added because Jamie thinks it's a good idea. I now have to beg for a claim code from the client partner that understands i can help, but cannot afford to have me there. By giving me a code, it tanks the account profit. That will only lead me to not have my minimum weekly claim, and left to seek out other accounts that can throw me a crumb. Yeah, don't forget that the time I spend searching I don't have any claim code for, so I guess I do that on my own time.
How are we supposed to grow if we can't invest the time. It's so bad that the sales methodology is, sell deals and then put in enough cost so you can claim to it. So where do I claim before I have enough sales to bill my time? Wait, are sales people supposed to claim to delivery codes, or are they supposed to be selling?
I suggest they replace me with someone in India that can visit the client, demonstrate kyndryl's value, put together a compelling solution, deal with the absolute mountains of sh*t that have nothing to do with the deal or the client once you do sell.
Oh did I mention they're getting rid of every contractor and vended service possible. So much so that after I do what I'm told, "selll consult services!!!" and when I do, I ask for the resource(s) and then I'm told, "well, ummm, we don't have anyone [cause they fired them all], but let's keep looking". After a month of looking they tell me to get a contractor. After hours and hours of effort and weeks more of waiting, I'm told "nope, you can't have a contractor". I look like a complete id--t to the customer and I've expended so many hours that I wonder what it is i'm even doing. The cycle repeats and the customer wants less and less to do with kyndryl because we take so long to do anything.
Failing strategy, failing corporate attitude, and failing executive team. They're so busy getting they're corporate jet warmed up, they have lost track of what it takes to earn a client's trust.
@dz PODS does not equal productivity gains. It is all bullsh-t.
The company they will have left after eliminating all the best and brightest from the US will not be able to deliver. The customers they currently have will leave in droves.
So there’s another big organizational change then. That’s why they asked us to specify which industries we have experience with in our career profiles. All these organizational shifts—new tools, new software, new processes, new everything—and just when we finally adjusted and got into a more fluent working mode… bo-m! Another huge change. Is this a social experiment called “How Much Corporate Workers Can Bear”?
@dz we have had POD delivery as well, all that was implemented 2 years ago and the dust has settled. Now, Mr Jamie TurdLedge has scrapped that old POD design, and realigning everything to “industry” PODs. Industry leaders have no domain knowledge, and its already creating a lot of churn and angst. You are right - once the market recovers, folks will leave in large numbers. Until then, hold tight.
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.
Rutledge is a clown and a fool - his incompetence has ravaged the Kyndryl delivery organisation into a crumbling mess and now he has been shuffled to destroy the US Org with his buffoonery.
He was kicked out of IBM due to gross misconduct and catapulted into Kyndryl as the chief punching bag for Martin and Elly who hate his guts.
It’s only a matter of months before this tu-d will be flushed by Martin into the sewers of oblivion.
On European markets we already have pods. Indeed less people needed. Lots of people on bench and laid off. People who remained are overworked. In my country branch literally half of people laid off since pods implementation. No jokes. 50% less people for same or more amount of work. But somehow it still works. One Kyndryl benefit that in post-pandemic world is very rare everywhere else: full remote job - this is what keeps all these experienced people still here. So they survive. Barely but they do. Higher management doesn't see this burnout wave, they see how much money they saved from implementing pods and laying off all these people. That's what matters for them. I expect that surprisingly Kyndryl may collapse when market will get better and companies again will start fighting for people offering better money and benefits. It will be a huge attrition wave of all these burned out people and Kyndryl will not be able to fill this gap hence will not be able to provide support or "consulting" to customers and it will be it. To say that some model "works" you must take into account if people feel fulfilled in their job and genuinely happy to provide best support in this model or are completely burned out and in survival mode. Thank you for your attention to everybody who reads this comment and take care out there dear colleagues.