Kyndryl
Kyndryl, which spun off from IBM in late 2021, initiated layoffs impacting a “small percentage” of its 90,000 employees globally.
The layoffs began in late March. Kyndryl sent us the following statement:
“We are eliminating some roles globally – a small percentage – to become more efficient and competitive. This is in addition to the ongoing transformation work we have undertaken to streamline and simplify our processes and systems. These actions will enable us to focus our investments in areas that directly benefit our customers and position Kyndryl for profitable growth.”
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