Thread regarding NCR Corp. layoffs

Voyix did a mass lay off post separation when is Atleos turn? I know it’s coming just don’t know when

by
| 2511 views | | 11 replies (last February 26, 2025) | Reply
Post ID: @OP+1ttQlWBa

11 replies (most recent on top)

One of the sh-t leaders went from being a VP to a Senior VP in 2 years time and its for sure that she was sl*g with some higher ups. She was let go with in a week after the org split as the person who was protecting her moved to Voyix and she remained with Alteos. She was the worst person that NCR could have hired, no empathy , no undertsanding of financials and revenue and she was given the charge to run a global organisation where as she had never in her life handled a team bigger than 5 people. she added negative value in the 4 years that she was with NCR and was promoted only because she was sleeping with the higher ups. This was the culture that this company bred and is the primary reason for downfall and mediocrity that is seen

by
| | Reply
Post ID: @10jw+1ttQlWBa

I am not Voyix or Atleos.

I was NCR for 45 years until Nov. 28, 2018 RIF.

Bitter - Yes
Angry - Yes
Disappointed - Yes

I felt this way until the split. Seeing the total FUBAR post split, very happy I took my money and ran.

by
| | Reply
Post ID: @4xbq+1ttQlWBa

It looks like we found the atleos person who wrote this post about CEO

by
| | Reply
Post ID: @4wze+1ttQlWBa

As the old saying goes, “it’s not who you know, it’ who you b—w”

by
| | Reply
Post ID: @4vzf+1ttQlWBa

Oh yes the Chief of Staff was absolutely promoted because she was sleeping with the CFO, now CEO. So is the person that arranges all the events for GHQ.

by
| | Reply
Post ID: @3okt+1ttQlWBa

That explains how some employees move up so fast. I know for a fact that our current chief of staff moved from being grade 11 employee to where she is now in the last 2 years. I guess going on trips with CEO helps you get up there faster.

by
| | Reply
Post ID: @1uxi+1ttQlWBa

Global VP does the same and has done for years and gets promoted.

by
| | Reply
Post ID: @pxl+1ttQlWBa

For those at Atleos, your beloved CEO is basically a Sh!tbag. He's been ba----g employees since he was CFO. When the CTO got fired for doing the same thing and the heat was coming his way about his behavior from the CHRO, what did he do? He got her fired.

by
| | Reply
Post ID: @zic+1ttQlWBa

Eric Shoch has been making poor decisions for years and David Wilkinson is too afraid to make ANY decision. So he relies on Eric to make all his decisions, and he makes the wrong ones. For years he has pushed to build more, build more, without having anyone to sell it to, then when offloads it to companies who don't want or need it.

Also check out the Q1'24 earnings. They buried in the numbers a $20+ million loss do to theft. Someone was stealing from the company for about a year. The 3rd party auditor picked up on in the irregularities in the first month and reported it. Michael Nelson who had recently become treasurer, without any experience, was notified, but since he didn't know what to do ignored it. This went on for a year before it blew up in his face. Hence why he is no longer with the company. Worst part is they still don't know who actually stole the money.

by
| | Reply
Post ID: @hir+1ttQlWBa

It's difficult to say - ELT of OG NCR transferred a TON of debt to Voyix pre-split. This was likely due to incentives being tied to Atleos performance (set up by Oliver & Hayford to enlarge their golden parachutes) after the spin off was complete.

Voyix is trying to recover from terrible decisions made by Eric Shoch in relation to the Walmart contract that didn't happen, strapping Voyix with millions in hardware we couldn't sell.

My assumption is that these layoffs at Voyix will be each quarter to try and make the business look somewhat viable. Voyix is just looking for something to sell - whether it is Digital Banking, Retail or Hospitality, they just need cash to pay off the insane amount of debt.

I think the outlook at Atleos is slightly better...

by
| | Reply
Post ID: @kub+1ttQlWBa

The pattern has been voyix first then about a week or two later Atleos. So if the pattern is right it's due. Speculation for next week at the latest.

by
| | Reply
Post ID: @vnm+1ttQlWBa

Post a reply

: