I’m just reflecting on UKG post July 2024 RIF and the downward spiral that I’ve watched this once unicorn company go through.
- March 2020, Ultimate Software and Kronos merger.
- June 2022, CEO Aron Ain steps down. Enter Chris Todd.
- Fall 2022, Global Delivery introduced.
- July 2024 RIF, over 2,000 employees. Chris Todd removed as CEO. Enter Jennifer Morgan.
- Following July 2024 RIF, major company re-org.
- Global Delivery grows, while positions in the US are quietly being eliminated. Also, when US employees leave, their roles are not backfilled (I had several teammates leave, but not a single role was filled).
- February 2026, RIF.
- April 2026, RIF.
- Current: Bulk hiring for Solutions Consultants in NOIDA / India as “transitioners” (delayed lay off employees) help to train them on their jobs, so they can take over come August 2026.
What did I miss?
What is happening to this once unicorn company?
UKG is in shambles.