Thread regarding CDK Global Inc. layoffs

https://www.globenewswire.com/news-release/2019/06/27/1875645/0/en/CDK-Global-Announces-Plan-to-Divest-Digital-Marketing-Business.html

by
| 5261 views | | 11 replies (last August 13, 2019) | Reply
Post ID: @OP+ZLqBO58

11 replies (most recent on top)

How long will it take to sell digital? What are the odds they cannot find a buyer.

by
| | Reply
Post ID: @Ljae+ZLqBO58

Poor staff planning - even if they know their going to drop the building, they’ll keep hiring until the end- saw this with the menu office in Florida, and the desking office in fowlerville. It’s just another example of incompetence.

by
| | Reply
Post ID: @mfwv+ZLqBO58

Why the non-digital job listings for Seattle? Is there a chance they keep that building open? I thought they include it in the sale of digital or close it.

by
| | Reply
Post ID: @mhzu+ZLqBO58

https://www.linkedin.com/pulse/sharks-attacks-cdk-customers-have-begun-brian-pasch?trk=portfolio_article-card_title

by
| | Reply
Post ID: @9zzc+ZLqBO58

With the C being sold... that makes the company DK Global! LOL! Decay Global... YMMV 8-)

by
| | Reply
Post ID: @6mep+ZLqBO58

Bad things happen to bad companies and CDK is getting exactly what they deserve.

https://www.autonews.com/dealers/cdk-plans-sell-digital-marketing-business

by
| | Reply
Post ID: @5lyx+ZLqBO58

https://www.linkedin.com/pulse/my-take-cdk-global-announcement-divest-its-digital-marketing-pasch

by
| | Reply
Post ID: @1hwe+ZLqBO58

The business unit has been reported separate for quite some time.

by
| | Reply
Post ID: @1xzc+ZLqBO58

With 2 days left in the month/quarter/(cdk) year

Maybe no buyer so far or the deal is not finished or is waiting for some other shoes to fall. Now that the line of business is identified as not part of the corporate future, they can segregate its performance in the annual earnings report, and that might be an opportunity to make the continuing operations of the rest of the company appear better in comparison.

by
| | Reply
Post ID: @1fsn+ZLqBO58

With 2 days left in the month/quarter/(cdk) year, surely they have a buyer, or they wouldn’t have punted so early?

by
| | Reply
Post ID: @ono+ZLqBO58

so the rumors about CDK getting rid of Seattle were/are true.

by
| | Reply
Post ID: @whd+ZLqBO58

Post a reply

: