Either a full sale or partial sell off is happening. Rumours of staff having to redo securtiy, credit checks and police/global security checks. IF This is correct ,could be for an audit for a potential buyer or takeover, Senior management and HR... — read more
Feeling of impending doom. My perspective.
This is a strange feeling, currently all quiet, feels like people have gone into themselves and keeping heads low, those that do poke their heads up seem to be having them blown off. Rumors are flying about pending sale, office closures, more staff... — read more
3% erased
Yes, rich people like to use this word
CEO Gone
What a day! What does the future holds for ACI? They will sell us for sure.
Future of ACI?
What is the likelihood of ACI being sold in the next year? This seems to be a theme in several past comments. Just curious what the current thoughts are on this topic. Who would the potential buyers be?
People should do their research on ACI before joining
I'm shocked that we're still able to attract new employees considering there's more than enough info online on the type of culture they're walking into and what mess they're going to find once they start, among other things. All I can think of is... — read more
Just joined
What is up with the bureaucratic nightmare of getting anything done? There are so many systems, processes, and policies in place that make progress almost impossible. Is it me? People don't follow through, make empty promises, and just kind of go... — read more
Do they care about the employee any more?
Is the push to have employees go back to the office an effort to increase resignations so layoffs are minimized? There are so many remote positions available in today's market. This decision does not seem employee focused at all.
What bothers you most about ACI?
I have too many complains so I can't single out one as something that frustrates me the most here. Coming to ACI was my biggest mistake. I hope to find a way out as soon as possible.
Interesting Announcement
So part of the business sold. A number of employees sold too along with their new CEO. Interesting times....I wonder if the business is being sold in 2 parts?
Off nearly 5% today
Close to a 2 year low, and not that far from a 5 year low. Why?
Dragon Lady Gone
Was mentioned on another post but worth mentioning here. Anyone who had dealings with her has to be happy.
52 week low
Earnings weren’t horrible, but the market is down. But ACIW is now at a 52 week low, and close to a 2 year low. Will this company turn things around? The ELT seems stabilized now but the share price hasn’t moved up.
Another $250 million stock buyback approved
So, instead of fueling innovation, dollars are going to buying back shares, which will prop up the EPS but will do zero for growth. How many layoffs will need to be made to pay for that $250,000,000?
Is ACI a good place to work?
Considering how non-active this board is compared to my current company's, something tells me that applying at ACI wouldn't be a bad idea right now. I can see here that layoffs are not too much of an issue, but what about other stuff, like company... — read more
Quiet Lately
Any news? How is the old sales leader handling products? How is the engineer handling sales? Has Odilon wised up yet? Any more layoffs?
This time is different
This time I would love to be on the layoff list. I wonder when this became a company where many people suddenly hope to be the target?
October layoffs at ACI
Has this rumor been debunked yet?
New Chief Strategy and Transformation Officer
New ELT member, after a few others left recently. Is he moving to Miami? Denver’s not going to cut it. Younger than everyone else, has a young family. Will probably realize 3 months in what a mistake he made joining when some of the legacy ELT... — read more
The company is collapsing?
Some may not agree, but unfortunately, everything indicates to me that this is happening. I wish someone would tell me that this is not true. One should hope for the best, but have their resumes ready to be sent out.
2 ELT Member leaving in 1 month?
What's going on here?
Horse lady’s house for sale
Is she the next one to leave?
What is happening?
I come from a region that is run by someone who plays favorite and an absolute ruler. If you are his ally you will go very far, if not your position is in danger. My previous post was taken down and I don't know who, how or why! No human in human... — read more
(ACIW) is down -15.27% from 52 weeks low
Beware childrend: https://statereviewer.com/2021/06/03/aci-worldwide-inc-aciw-is-down-15-27-from-52-weeks-low-but-dont-get-your-hopes-high/
People drastically losing motivation?
I started looking for another job because this became unbearable. I used to love my job very much and enjoyed working, but the atmosphere is so bad now that I just don’t have any will to work. I start work with a stomach cramps every day. I'm working... — read more
Quiet before the storm?
There were many rumors that big cuts would follow in June. Here it is, June, and the rumors have died down. Does that mean we can relax for a while longer or that it’s quiet before the storm? I hope that earlier story about layoffs was just a false... — read more
Absolute Misery
Have been with ACI just under 2yrs & in that time we've had 5 "leaders" of the region come and go. FIVE! Each one worse than the last. Complaints to Ethics hotline over serious misconduct and breaches left unresolved and "quietly" forgotten. A... — read more
You all need to know this
The most important thing for every employee to know is 1) members of the ELT are not your friends 2) they will throw you under the bus at any time to save themselves or to cut costs 3) the closer you are in reporting directly to them the more... — read more
Horrible culture
I haven't been here for long (going on two years) but I'm yet to find a place with a worse work culture than this place. My former workplace was bad, but at least the toxicity was mostly limited to my team and the company was okay. Here, the toxic... — read more
Shoes Lady Leaving?
Wow! Another day another ELT bites the dust! Anyone else suprised?
Massive cuts in last 3 months?
Looked at earnings and as usual it’s not great despite what the press release says, But what was telling were a few items from the detailed financials December quarter employee compensation: $48.6 million March quarter employee compensation:... — read more
Head of Revenue Growth Leaving already?
Didn't TM just started not long ago....less than 6 months ago? She probably saw no future here and decided it's time to move on to bigger and better things. They have done musical chairs again for replacement. When will this company learn? It will be... — read more
Hundreds of thousands of improper debits made
Uhoh, time to fire the interim CTO as well as the alleged CRO aka CTO. CFPB is on top of this, massive screwup by ACI.
Big mistake by ACI
Need to fire the CTO and Interim CTO for this screwup. Clearly a problem with execution, who will be held... — read more
New Board Members
One has been a CFO in various payment companies, so expect him to look at cutting costs even more. He is the chair of a point of sale company so maybe he can bond with Taco Man! The other has spent a long time at B of A before she left, and is now... — read more
Sell us off what are you waiting for?
This place is good at one thing, screwing it's most valuable asset, the employees. Non-stop lay-offs of good people. Remaining employees doing 2-3 people's job. Pay is miserable! ELT gets promoted despite screwing up time and time again. New head of... — read more
Snakes in the grass
This company made promises to lure new employees or to retain talent and cut some great people. I should have known better than to come back to this company. Lack of vision, poor implementation of product strategies, etc.
CRO leaves after 5 months
Not good sign when Chief Revenue Officer leaves and ACI appoints engineer who was just named CTO to CRO position. New CRO knows nothing about sales or leading sales team. Disaster coming.
Rearranging the chairs
The website has been updated for the ELT. First, the South African is gone. His positions have been distributed to 2 others. The 2 previous Group Presidents keep their employment going despite poor performance and zero people skills. Little... — read more