Topics regarding layoffs at Conduent

Topics regarding layoffs at Conduent

Stock Down

Will be in the $1 range soon. DCOPS2 will be another financial and operational disaster. Delisting and Pink Sheets sometime in 2024

by
| 495 views | | 1 reply (November 22)
Post ID:  @OP+1psvmFKD

Ok time for tough medicine.

My advice - eliminate everything and everyone who is not driving or creating tangible value. That is the only thing that will make a difference short term. Stop thinking we are some big conglomerate, time to release all nice to haves.

by
| 1349 views | | 3 replies (last July 8)
Post ID:  @OP+1n7gsyz1

1Q Earnings

Nice job on 1Q Earnings Conduent. I read the transcript and Cliff steady talking about the company is turning the corner lol … Stock below $3.00, that’s crazy !!!

by
| 1350 views | | 2 replies (last May 17)
Post ID:  @OP+1muqxwui

big layoff today 12.15.2022

heard the news today that several of the most tenured operations and IT staff in my division were let go. maybe b/c they were making the most money. but if you asked me who you should never let go - it would have been these people. they all had 15-30... —  read more 

by
| 2634 views | | 5 replies (last January 19, 2023)
Post ID:  @OP+1kccWdLI

Conduent lost contract with Humana?

Thousands of hourly workers scheduled to start a contract with giant business services company Conduent on Monday October 3 told the deal is off and to return the equipment they supplied them.

by
| 2148 views | | 2 replies (last October 20, 2022)
Post ID:  @OP+1iV5VCTX

There are no winners

It's been a little over a month since the last layoff round and I'm at the point where I wish I was among the laid-off group. We lost several people and since then we've had to do our and their jobs with no indication of when we might get some... —  read more 

by
| 2033 views | | 2 replies (last July 14, 2022)
Post ID:  @OP+1hFMjaim

Hiring freeze

I personally know two people who are employed during the hiring freeze. On the other hand, my workload hasn't been reduced at all, in fact, it is higher than ever. Does anyone have any idea how many people total were employed during the hiring... —  read more 

by
| 1520 views | | no replies yet
Post ID:  @OP+1fNqr9Oo

Aversion to skilled people

Not only do those who are knowledgeable and high performers have more work to do, but they are exposed to much more pressure due to micromanagement, exposed to more criticism, and so on. I sometimes feel bad when I see how my superiors treat the... —  read more 

by
| 1918 views | | 4 replies (last February 22, 2022)
Post ID:  @OP+1flunKin

2022 and 2023 Outlook

What happened to the growth? Revenue is decreasing by $200 Million in 2022. Cliff is saying it is due to COVID stimulus going away. What the heck is the Sales team doing besides getting paid. What a train wreck … Conduent is supposed to be... —  read more 

by
| 5242 views | | 7 replies (last May 30)
Post ID:  @OP+1flNh2TF

A lot of damage is done

The best of the best are long gone. Conduent did its best to get rid of the most talented ones who otherwise might have stayed here longer. I don’t know how is the situation on your team, but we are missing some of those people a lot. My team is... —  read more 

by
| 2466 views | | 4 replies (last March 13, 2022)
Post ID:  @OP+1fgLRpZq

Here we go

Supreme Court blocks Biden vaccine-or-test mandate for large businesses https://abcnews.go.com/Health/supreme-court-blocks-biden-vaccine-test-mandate-large/story?id=82179446

by
| 1629 views | | 2 replies (last January 16, 2022)
Post ID:  @OP+1eMNWOfm

2022

Looking bright in 2022. Good cost saving measures in place and will be profitable no doubt.

by
| 2105 views | | 5 replies (last January 10, 2022)
Post ID:  @OP+1ewCNEDa

We need layoffs

Only Trigger to pull in order to align expense to revenue is layoffs. Issue is that Conduent hires too many expensive people in the US / Europe. That don’t actually produce results! Look at all the Cliff Skelton directs gone in last year that did... —  read more 

by
| 2220 views | | 2 replies (last December 21, 2021)
Post ID:  @OP+1eoJcRk1

Fewer people are leaving

I'm surprised that attrition seems to have slowed down lately, when in most of the companies people are leaving in higher numbers than ever (I guess everybody is trying to take advantage of the current job market). I wonder what's keeping everybody... —  read more 

by
| 1611 views | | 1 reply (December 20, 2021)
Post ID:  @OP+1eo6cbbt

Stock, easy to explain.

Easy explanation _—- the company isn’t profitable and will never be profitable. The mountain of debt is crushing, the products are out of date, new disrupters appeared in almost every segment with cloud native tech. That is ok if you are growing... —  read more 

by
| 2035 views | | no replies yet
Post ID:  @OP+1dNpkfDG

I hope there will be no layoffs

Given how many people are leaving and how many people are sending applications for a new job every day, I don’t think there will be a need for cuts until the end of the year. However, since nothing surprises me from this company anymore, I wonder... —  read more 

by
| 2251 views | | 3 replies (last December 16, 2021)
Post ID:  @OP+1d0zB4dm

Start a new thread - post a news comment, question or message:

: