ICYMI: https://techbullion.com/cdk-global-outage-update-what-you-need-to-know/
Antitrust lawsuit settlement
Here comes ‘fit and focus’ round 3 https://www.reuters.com/legal/litigation/auto-tech-company-cdk-settles-dealers-antitrust-lawsuit-100-mln-2024-08-16/
Summer Layoffs
A week after thanking Genpact contractors for their work, more layoffs announced for the remaining transfers from CDK.
CDK: 10% of Outside Connections Still Offline, Unsure if Personal Data Stolen
https://www.autonews.com/dealers/cdk-cyberattacks-third-party-tech-reboots-nearly-complete
Brian MacDonald's Legacy: AutoNation Suffers Big Losses, and $25 Million in BTC Paid as Ransom
Source: https://www.autonews.com/dealers/dealers-lost-102b-cdk-cyberattack-revised-aeg-study-says "The same day, AutoNation estimated the CDK situation had stripped $1.50 out of its second-quarter earnings per share." "Allan Liska, a threat analyst... — read more
CDK's Damage To The Auto Industry: $1 billion(!) In Lost Sales
Source: https://news.dealershipguy.com/p/car-sales-take-a-hit-from-cdk-hack-rebound-expected-in-july-2024-07-16 "The group estimates that dealerships lost 56,200 new car sales and more than $1 billion between June 19 and July 15. This includes both... — read more
9200
Any dealership that still has an old 9200 onsite is laughing all the way to the bank. It is no surprise that all the garbage duct taped together to form a DMS got hacked. Old MacDonald was never interested in "fueling for growth" and many of the... — read more
Congratulations, Brian McD: Lawsuits are coming from everywhere
https://www.msn.com/en-us/money/companies/cdk-global-expects-software-outage-to-end-soon-as-dealers-lawyer-up/ar-BB1piLZl Good luck paying up on a 7-10% of the entire auto industry's 2-week income. You incompetent f*$ks in the C-Suite shouldn't... — read more
CDK to be down for up to two weeks total, maybe.
https://www.msn.com/en-us/money/companies/cdks-car-dealer-software-still-not-fully-restored-after-cyberattack/ar-BB1pd2Wv
Dealerships suing CDK
https://www.autonews.com/dealers/dealerships-sue-after-cdk-cyberattacks-outage
Does anyone know if unencrypted customer / employee data was hacked?
What steps will you take to protect from identity theft / fraud?
You deserve it cdk
Previous contractor here at Hoffman estates location. Was let go out of the blue with no explanation . You treat people like a-s you deserve all the lawsuits possible
Cost of this amateur hour will fall on us
Best case scenario: CDK will continue to exist in some form and some of us will maybe still have a job.
Lawsuits have begun over CDK hack
https://www.msn.com/en-us/autos/news/the-massive-car-dealership-cyberattack-already-has-lawsuits-flying/ar-BB1oS2pR
Rumor but trustable: Lithia Dumps CDK eLead for Cox VinSolutions
https://x.com/CarBusinessMan/status/1805648019397743017
CDK plans to pay millions in ransom..
https://fortune.com/2024/06/22/cdk-ransomware-attack-payment-hackers-tens-millions-car-dealerships/
Cutting costs is a great way to run company to the ground
This isn’t the first time just this year that a big company had a major security breach. Maybe cutting costs at every corner, offshoring, and generally badly managing a company that’s too big to begin with is not exactly the smartest strategy. But... — read more
CDK's "Virtual CISO" product website quietly disappears. I wonder why?
Try it for yourself: https://www2.cdkglobal.com/protect-your-dealership
Day 3 - CDK Still down. Speculation time!
So what do you think will happen to CDK? Sold by Brookfield? CEO and CIO hung out to dry as scapegoats? CDK gets back to their senses and starts hiring in the US again? All speculation welcome!
Autonews: CDK to be down for "a couple of days" at least
https://www.autonews.com/retail/cdk-global-hit-second-cyberattack-shuts-down-dms Brian's bonus just went poof. From the article: “If you are not aware, we experienced an additional cyber incident late in the evening on June 19,” CDK’s latest... — read more
Got CNBC On Your TV? CDK Will Be The Guest Of Honor On It Tonight
https://x.com/GuyDealership/status/1803858729877553293 7:35pm EST.
Worrying about fallout
If the cost of this disaster turns out to be high (and it will be), I hope that will not affect our jobs.
CDK hit by ANOTHER issue, and down AGAIN
The hack came back: https://x.com/GuyDealership/status/1803744828158587242
CDK hit with massive breach
They were forced to shut down everything as a precaution due to a breach: https://x.com/GuyDealership/status/1803421101713715290
Going Public
Anybody know who the buyer is that will be taking CDK public?
New total BS Restrictive Covenants policy
3 year non-compete, company owns any work you develop outside the company, and supposedly even applies if they terminate you And they're doing it because "we give you a lot, so you should be grateful to sign" if you don't sign, supposedly you won't... — read more
Company Car
They are now getting rid of most of the staff that had company cars
Unvested 401k
Used to be in CDK Global last year and laid off . Still see unvested amount in my 401k account .Any idea what will happen to it.
February layoffs
There have been some rumors about layoffs in February, do we know anything more about that?
Left CDK and life is better
The grass, in this case, is definitely greener on the outside.
wage theft lawsuits are happening???
someone send me money they probably stole from everyone
Genpact Long-Term Plan
There are a number of older messages referencing Genpact. As many may now be aware there was a second wave planned impacting more senior level employees, there’s a third wave, and so on. It’s a total of a 5 year plan with continuously lower cost each... — read more
And now asbury
I see they are partnering with takion
Layoffs before bonus?
BM has been kind of quiet on the layoff front. Does he like to do layoffs just before bonus time so they don’t have to payout?
CDK about to lose Lithia this year, or next?
"Now that Pendragon shareholders have approved Lithia's $484 million acquisition of the U.K. auto retailer, Lithia will gain a stake in Pendragon's Pinewood DMS, which would be spun off into a standalone company. Lithia and Pinewood plan to form a... — read more
Final day for COBRA?
Greetings! Could anyone inform me about when we must decide on COBRA and when our benefits lapse?
DMS sold
Rev8 and Drive to be sold to Pinewood. All UK support and sales staff leaving by the end of the year.
Lay offs again
All Keyloop sales teams are the latest to go. Our Account Manager has just informed us.
CDK IS An Anchor! Brookfield Stock Down
Shares down by 25% since May: https://www.marketscreener.com/quote/stock/BROOKFIELD-BUSINESS-CORPO-134320157/news/Brookfield-Business-Partners-Reports-Renewed-Normal-Course-Issuer-Bids-for-Units-Exchangeable-Share-44620798/
How did we miss this? CDK Now Doing Layoffs... In India!
https://layoffstracker.com/cdk-global-lays-off-230-employees/ Money quote: "CDK Global, The Chicago-based company has undergone a round of layoffs on Wednesday, July 27 – Letting go of 230 employees ~ 3% of its overall workforce. Layoffstracker... — read more