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.
Topics regarding layoffs at ACI Worldwide Inc.
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
When to exit?
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
Sale is inevitable
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
Accountability and Pay for Performance
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
Who will be the first ELT to go?
Any guesses?
New CHRO
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
New CRO - which ELT will get cut?
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
More layoffs in 2020?
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?
Has COO been named CEO yet?
South African citizen with no ties to the US. Will probably end up selling the company.
Any news on layoffs?
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.
They starting again
At least one of my friend in AOD security was fired today in Munich.
Another quarterly loss
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?
AT least 80 to be laid off by ACI?
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
When will Phil retire?!?!?!?
He has failed lie detector tests, lost a lawsuit and lost an appeal. Any rumours out there?
Another layoff coming with reorg
Another reorg is coming soon and with it more layoffs. Expect Omaha and Waltham to be hit hard as well as any remaining teleworkers.
ACI Layoff 2017 JAN - 40 ppl laid off on 18th Jan 2016
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 2016 SEP OCT NOV
ACI Layoff happening in big scale
ACI Layoff become regular practice and easy tool for cost cutting... never ever join this company
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
QE Application Development Manager
ACI is worst company believes in Layoff 110 people in UOB team got laid off this october including EVP Amla, Managers, dev and QE.
online banking strategy and staff Rif??
I heard about some consolidation of the products used in community financial; when do the layoffs start?
August 2015 Layoffs
I heard of more layoffs today. from a company perspective the number seemed small. What did anyone else hear?
may / June 2015 layoffs
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?
Another reorg?????
What is the word in cyber world? I heard a reorg rumors today that impact AOD.
Another round due to slow sales?
I would not be surprised to hear of another round of layoffs due to sales shortfalls. Is anyone else hearing any drumbeats?
Do we have any 2015 layoffs updates for ACI Worldwide?
I've heard some rumors that we might be having layoffs so wanted to see if anyone can post information here for all of us to review.
On the leadership
Heasley is sharp but lacks strategic vision, Bahrens is OK, Byrnes is sometimes meak, Frate is average, Homberger is too slow, Purakayastha will continue to lay people off
250 layoffs from the ACI On Demand group
250 layoffs from the ACI On Demand group and sporadic layoffs from other groups as of Mid March, 2014
What locations were affected with the latest round of layoffs
What locations were affected with the latest round of layoffs
Another round starts on Monday..
Another round starts on Monday... I think I might get axed...