In keeping with the rotten tradition of getting rid of people just before a major holiday. You're terminated and have a wonderful Labor Day.
Topics regarding layoffs at Conduent
"A Conduent board member, who was singled out by Carl Icahn’s appointee for contributing to the company’s falling fortunes, has resigned. The business process outsource company announced the resignation of William G. Parrett, the former chairman... — read more
Warning... Get out now! Massive RIF today which will lead to a major client moving business to another supplier in the near future. What is Conduent thinking? How do you let the core team go? No plan in place? After today, I am going to start... — read more
Layoffs at Conduent Tacoma
Is this correct? Conduent up for sale?
Upvote if you agree. Downvote if you disagree.
Both Conduent and Xerox have been using the same playbook - move work to India, cut already meager employee benefits, create a very expensive, ruthless and unethical executive team, etc. And for what? Conduent stock price is down 75% since separation... — read more
In the Q2 Earnings Call, they mentioned looking into various ways to deal with their financial situation, including selling off parts of, or even the entire company. It didn't sound like it's definitely the way the plan, but it's something they told... — read more
$1 Billion writedown. The solution? Hire more sales people. Other than that a bunch of bad sh– will be flying the way of U.S. workers (what's left of them) Pay Cuts are coming to drive more people out and straight Job Cuts coupled with... — read more
How is it going?
This week Conduent had the annual Disaster Recovery Drill The result was that a long list of major systems failed! Now the executive level management is tweaking the results so that they can report to auditors (and clients - the real customers) how... — read more
The place lays off people on a regular basis after having large sweeping hiring sprees... The place was a cesspit of nepotism, m-r-j-a-a, and workers rights violations. They cut back on employees bathroom breaks, taking them out of their break time... — read more
Made the list https://www.msn.com/en-us/money/career/the-worst-companies-to-work-for/ss-AACNbiB — read more
Leader RIFs or resignations have been focused on the business side management chain. Little done to hold accountable those who caused significant damage to the development engine in the company through unnecessary reorganization, obstructing progress... — read more
Part 1 - http://www.thenewspaper.com/news/67/6721.asp Part 2 - http://www.thenewspaper.com/news/67/6722.asp — read more
https://www.prnewswire.com/news-releases/conduent-names-cliff-skelton-president-and-chief-operating-officer-300857723.html Skelton joins Conduent from Fiserv Output Solutions, where he served as President. He previously spent five years as Executive... — read more
Did you hear that thud? It was Conduent falling out of the Fortune 500. "Overall, New Jersey gained one company in the 500, as Zoetis, in Parsippany, came in at No. 487. But it also lost one company, as Conduent, in Florham Park, dropped to No. 517... — read more
No wonder we miss our forecasts and deliver disasterous results, it’s all complete air. Never seen such management style in my life. Leaders promise numbers to the top then go back to squeeze and beat the sales teams to magically come up with the... — read more
Post news here!
And how bad will it get? Conduent leadership will have to make up for these disastrous results and a drop in share price somehow, and sadly cutting more employees is the easiest way for them to do so. So buckle up everybody, this ride is about to get... — read more
Down to 7.68 from 12.50 when the market closed yesterday. Some highlights from an article about the earning call (I missed the actual call): "Yesterday, the company posted disappointing first quarter earnings, with $1.16 billion for the quarter, down... — read more
Q1 call stated that Government and Transportation were problems. The company is still cutting costs. In absence of new growth, the way to recover stock drop is to say you’re cutting more.
Do you think it's a good or bad sign for the company? To me it looks like he's getting out while the getting is good. Found his exit in the board of directors at Kroger, then went "See ya s---ers! I got mine!" Or did Icahn's coup attempt actually... — read more
Just got an invitation for a team meeting for tomorrow morning - no subject mentioned I do not see any team member names missing so other than the boss himself quitting It must be something worse like an "across the board" pay cut or something else... — read more
The severance was 4 weeks and now because the company has money issues you will only get two weeks no matter how many years of service. This is a sinking ship and will lie and take you down with it! Get out now! Is this true? Some people are saying... — read more
In one week 3 leadership meetings. They all say the same thing- nothing. “It was so hard for us to make decisions about the 401k and the health incentive and give you low raises and bonuses.” Cry me a river. Read the resignation letter posted in the... — read more
More cuts today. Hopefully you still have a team that can manage the work load.
Take it from an ex-Xerox employee. This could be the beginning of Icahn's takeover. I don't know what agreement Icahn had in place with Conduent, but the one he had with Xerox stated that if Xerox gave Icahn a seat on the board and direct access to... — read more
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It's now April and I still haven't had anyone sit down and talk to me about a review yet. I don't know of a single other company that would let this still be unresolved after the month of March. Is this unique to our office? Have other offices... — read more
I've been unhappy at Conduent for years now, and I've finally made the decision to leave. I finally got tired of nepotism running rampant and in-company politics that affect my work on daily bases. Tired of toxic work environment and incompetent... — read more
Conduent needs more layoffs -from the top, not the bottom. Change my mind.
I wonder if this is the rif preview
Been that way for a long time! I was laid off in March 2018 after 10 years! NEVER got a raise in the 10 years. Got a call o a Friday morning and was told that my position was eliminated. I was told that I would be done in 2 weeks! That's all the... — read more
I overheard a comment by a coworker that the Atlanta, GA office was probably going to be shut down soon, although it sounded like at least some people would be working from home afterwards, possibly all of them, so maybe no layoffs. Might want to... — read more
Not sure what is worse at Conduent currently - the management or the technology we use everyday. Majority of the management is just awful and make me wonder how they even managed to land their positions in the first place. I guess nepotism reigns... — read more
The layoffs were apparently announced a couple of months ago, but they went into affect 12/31. The following article says that 78 jobs will remain, but I've heard from those that would know that the Houston office was shut down (it's possible those... — read more
After waiting it out for a year in hopes that I would find a home at this company after 3 years of being shuffled around to a new position about every 8 months, I think the dread of what has kept me from sleeping for three years lurks right in front... — read more