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
Topics regarding layoffs at ACI Worldwide Inc.
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/
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
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
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
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
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
Wow! Another day another ELT bites the dust! Anyone else suprised?
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
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
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.
Need to fire the CTO and Interim CTO for this screwup. Clearly a problem with execution, who will be held... — read more
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
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
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.
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.
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
Not sure if I should hang on and milk the company for as long as I can or if I should start looking for employment elsewhere. I’ve been with ACI less than 3 years and while it’s become my comfort zone I don’t want to have to face a future of... — read more
I always wondered how Phil was able to roll out the same warmed over strategic vision each Investor Day, and how investors have tolerated almost zero organic growth for a long time. Finally someone has called them out on... — read more
https://www.salary.com/tools/executive-compensation-calculator/aci-worldwide-inc-executive-salaries?year=2019 Look at this list and then think about ACI's performance, and how they're making their numbers through layoffs. When top paid execs are... — read more
New CHRO comes from Fiesta Restaurants, which operates quick service chicken and Mexican restaurants. Also has experience in dying tech companies. I don’t blame him, and wish him well as I’m sure he was told about all the great things happening at... — read more
Looks like the new CEO is adding new blood and focusing on organic growth. As this growth hasn't been there for the past number of years under Phil, and all of the ELT was there for that, who will be held accountable? I can think of a couple... — read more
I just saw the 2020 outlook in the earnings press release that contained: “ $10 million of one-time charges to implement cost reduction strategies. “ Either they are closing offices or doing a bunch of layoffs. Which?
South African citizen with no ties to the US. Will probably end up selling the company.
Coming into layoff season at ACIW, any rumours or news? Saw they shuffled a couple of ELT positions around, wonder if that means something. Don't hear much here in the UK.
At least one of my friend in AOD security was fired today in Munich.
Lower revs YoY, bigger loss than expected at 14 cents a share, all signs point to an imminent layoff. Any more news? How does head of sales keep her job?
Your CHRO is sending out emails asking staffing vendors to help find jobs for about 80 employees who will be caught in the RIF. And hired an outplacement consultant as well. I'd say it's on. Is this reliable information? Anybody here know anything... — read more
He has failed lie detector tests, lost a lawsuit and lost an appeal. Any rumours out there?
Another reorg is coming soon and with it more layoffs. Expect Omaha and Waltham to be hit hard as well as any remaining teleworkers.
Bangalore 25 , Pune 18, Rest in US got laid off in ACI on 18th Jan. ACI also laid on 18th Dec ,18th Nov and 18th Oct 2016 employees mostly from QE, AOD, and Managers, and DEV. Worst company to work for. Never ever join this company . To save them... — read more
ACI Layoff happening in big scale
I worked in ACI and got laid off . Layoff happening across company's cross portfolios. They have devised the strategy to lay off small number of people every 15 days so save themselves from Bad reputation. AOD, UOB teams are worst affected. They... — read more
ACI is worst company believes in Layoff 110 people in UOB team got laid off this october including EVP Amla, Managers, dev and QE.
I heard about some consolidation of the products used in community financial; when do the layoffs start?
I heard of more layoffs today. from a company perspective the number seemed small. What did anyone else hear?
Sorry to hear more people were impacted by layoffs recently. How many were there and what departments were hit? What was the reasoning this time?
What is the word in cyber world? I heard a reorg rumors today that impact AOD.
I would not be surprised to hear of another round of layoffs due to sales shortfalls. Is anyone else hearing any drumbeats?