The company also reported a GAAP net loss of $229 million, or $1.02 per share, significantly better than last year’s net loss of $494 million, or $2.20. Positive news is that the losses weren't as bad as previous losses? This company's days... — read more
Please share any info you may have on this. It's useful for us who are interviewing. Thank you very much.
Anyone know if they're happening? when?
IBM is over stuffed Kyndryl. This is straight out of the Intel server to Lenovo playbook - it's an old trick and it works. IBM paid Kyndryl to handle the layoff’s of the overstuff. When IBM used this play with Lenovo, attrition went up, thus... — read more
Some on thelayoff.com have vividly described the current scene at Kyndryl as a “burning dumpster fire” or an “inadequately disposed sanitary napkin”. I just left Kyndryl sales in March and I feel gross and dirty - I have to take at least five showers... — read more
I recently had the opportunity to exchange emails with the current and former IBM CEO’s. Intent was to get an informed strategic perspective on Kyndryl, IBM, and the future. Each of them provided a refreshing perspective to this. My article and... — read more
Tell us guys and gals, how does it feel to be away from IBM? Have things improved drastically or are they the same? I'm hoping for the sake of all of you that you didn't take the horrible culture with you. I know my job would be much easier if I... — read more
https://www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-kyndryl-holdings-inc---kd-301494649.html "Pomerantz LLP is investigating claims on behalf of investors of Kyndryl Holdings... — read more
What is the position of Kyndryl on Russia? Are they going to sell in Russia? Arvind has expressed on this subject but I have not heard anything from Kyndryl leadership.
The entire thing is a joke, honestly. A BK is in the stars... - Full-year 2021 revenues total $18.7 billion and net loss is $2.3 billion - Pro forma revenues total $18.5 billion and pro forma adjusted pretax income is $114 million, both in line... — read more
On November 1st, Dow Jones Newswire issued this press release: "Kyndryl Holdings Inc., which is being spun off from International Business Machines Corp. will join the S&P MidCap 400 before the opening of trading on Nov. 5, S&P Dow Jones Indices... — read more
The share price keeps crashing and it is now an extremely cheap buy. At price of less than $4B (+ 1.2B in debit) with over $19B in annual revenue and a large pool of talent getting hold of 1000's of hosting and Cloud contracts makes this an ideal... — read more
"$100-$200M PTI" in a shrinking business through 2025. Their equity is crashing now and is very short term. We didn't have a choice - but they left other jobs to come here and their equity was converted to KD by IBM (and not at market after say 30 or... — read more
The vultures are circling. It won't be long now ... https://economictimes.indiatimes.com/tech/information-tech/rivals-eyeing-ibm-spinoff-kyndryls-sub-50-million-clients-experts-say/articleshow/87920533.cms “Kyndryl’s clients were briefly quite... — read more
Looking at the Kyndryl career website, I see so many job postings. Are they real? Or just for publicity ?
Read it and weep :-/ https://www.crn.com/news/managed-services/kyndryl-reports-net-loss-for-third-quarter-offers-2021-full-year-forecast
According to our chief executive, India is a big opportunity for talent acquisition and business growth. I, on the other hand, see opportunities only outside of this company. If anyone is interested ----> ... — read more
I'm not sure going moving to Kyndryl was a smart move. Starting to second guess my decision, it's such a cluster here. Anyone else? Or am I the only one?
(copying here) I suspect we will see short term actions to try to get short term pops on Kyndryl's stock based on the CEOs (and the rest of the C-suite's) Restricted Stock Units vesting dates. When does a Long Term Incentive Plan become a Short Term... — read more
If it looks like a tu-d and smells like a tu-d, it’s probably a tu-d! Kyndryl Stock Doesn’t Pay a Dividend. IBM Holders Are Unloading Their Shares. K￼yndryl Holdings is off to a rocky start as a public company. Spun off last week from IBM... — read more
Does anyone know if Kyndryl is going to mandate the vaccine since IBM did? I was curious if anyone has heard anything? I have yet to see anything come across any emails. I used to work for another company and our IT dept was outsourced to IBM 2 years... — read more
Anyone have a feel for post spinoff date RA's? Anyone have a feel for offshoring activity (as viewed from USA) post spinoff. Have a feeling both will be in focus.
Can we talk about the name?