{"id":51249,"date":"2023-03-30T14:58:00","date_gmt":"2023-03-30T14:58:00","guid":{"rendered":"https:\/\/www.networkworld.com\/article\/3692251\/kyndryl-lays-off-staff-in-search-of-efficiency.html#tk.rss_security"},"modified":"2023-03-30T14:58:00","modified_gmt":"2023-03-30T14:58:00","slug":"kyndryl-lays-off-staff-in-search-of-efficiency","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/kyndryl-lays-off-staff-in-search-of-efficiency\/","title":{"rendered":"Kyndryl lays off staff in search of efficiency"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/images.idgesg.net\/images\/article\/2021\/11\/kyndryl-office-wall-16x9-100911269-large.jpg?auto=webp&amp;quality=85,70\" class=\"ff-og-image-inserted\"><\/div>\n<p>Kyndryl, the managed IT services provider that spun out of IBM, has announced layoffs that could affect its own internal IT services.<\/p>\n<p>\u201cWe are eliminating some roles globally \u2014 a small percentage \u2014 to become more efficient and competitive,\u201d said a Kyndryl spokesperson, without giving the exact number of employees affected due to the layoffs.<\/p>\n<p>\u201cThese actions will enable us to focus our investments in areas that directly benefit our customers and position Kyndryl for profitable growth,\u201d the spokesperson said, adding that the company was in the process of undergoing transformation to streamline and simplify its processes and systems.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-03-29\/ibm-spinoff-kyndryl-cuts-small-percentage-of-90-000-workforce\" rel=\"nofollow\">Bloomberg<\/a> first reported about the layoffs.<\/p>\n<p>The forums of job-losses monitoring website <a href=\"https:\/\/www.thelayoff.com\/\" rel=\"nofollow\">The Layoff.com<\/a> lit up with comments from anonymous users representing themselves as Kyndryl employees. They said that staff in IT asset management roles and in Kyndryl\u2019s own CIO organization were among those who were let go. &nbsp;<\/p>\n<p>\u201cWe were told this morning of cuts in CIO in North America, and that we are not affected (Europe). Let&#8217;s see what happens,\u201d a user posted in one of the threads. Other threads hinted at entire teams being fired.<\/p>\n<aside class=\"nativo-promo nativo-promo-1 smartphone\" id> <\/aside>\n<p>Kyndryl employs 90,000 globally. It was set up to continue IBM\u2019s legacy infrastructure management business, and to seek growth in new markets such as cybersecurity. That growth has been slow in coming, though: Its <a href=\"https:\/\/www.cio.com\/article\/189224\/what-is-kyndryl-ibms-managed-infrastructure-services-spin-off-explained.html\">revenue continued to decline<\/a> through and beyond its first full year of independence from IBM.<\/p>\n<p>An earlier <a href=\"https:\/\/www.thelayoff.com\/t\/1lbscc0j\" rel=\"nofollow\">post on the website<\/a> said that Kyndryl had already started \u2018benching\u201d people in January.<\/p>\n<aside class=\"nativo-promo nativo-promo-1 tablet desktop\" id> <\/aside>\n<p>\u201cSo it seems the &#8216;Bench&#8217; program has started at Kyndryl as they sort through staff and seek to layoff folks that they feel have reached an end to their usefulness,\u201d a user posted, adding that the layoffs were a way to balance things given the company\u2019s stock price.<\/p>\n<p>These are not the first Kyndryl-related job cuts to be announced this year. In January, Kyndryl\u2019s former parent IBM announced plans <a href=\"https:\/\/www.cio.com\/article\/420136\/ibm-reports-rise-in-q4-profit-but-plans-to-cut-3900-jobs.html\">to cut 3,900 jobs<\/a>, some of them in roles linked to its work with Kyndryl.<\/p>\n<p>In the face of an uncertain global economy and slowing demand, technology companies picked up the pace of <a href=\"https:\/\/www.computerworld.com\/article\/3685936\/tech-layoffs-in-2023-a-timeline.html\">layoffs in 2023<\/a>, after <a href=\"https:\/\/www.computerworld.com\/article\/3679733\/tech-layoffs-in-2022-a-timeline.html\">sweeping job cuts rocked the industry last year.<\/a><\/p>\n<p>According to data compiled by&nbsp;<a href=\"https:\/\/layoffs.fyi\/\" rel=\"nofollow\">Layoffs.fyi<\/a>, the online tracker keeping tabs on job losses in the technology sector, 532 tech companies have laid off 156,242 staffers so far this year.<\/p>\n<aside class=\"nativo-promo nativo-promo-2 tablet desktop smartphone\" id> <\/aside>\n<div class=\"end-note\"> <!-- blx4 #2005 blox4.html --> <\/p>\n<div id class=\"blx blxParticleendnote blxM2005 blox4_html blxC23909\">\n<p> <strong>Next read this:<\/strong> <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p> READ MORE <a href=\"https:\/\/www.networkworld.com\/article\/3692251\/kyndryl-lays-off-staff-in-search-of-efficiency.html#tk.rss_security\">HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\nKyndryl, the managed IT services provider that spun out of IBM, has announced layoffs that could affect its own internal IT services.\u201cWe are eliminating some roles globally \u2014 a small percentage \u2014 to become more efficient and competitive,\u201d said a Kyndryl spokesperson, without giving the exact number of employees affected due to the layoffs.\u201cThese actions will enable us to focus our investments in areas that directly benefit our customers and position Kyndryl for profitable growth,\u201d the spokesperson said, adding that the company was in the process of undergoing transformation to streamline and simplify its processes and systems.Bloomberg first reported about the layoffs.To read this article in full, please click here READ MORE HERE&#8230;<\/p>\n","protected":false},"author":2,"featured_media":51250,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[738],"tags":[10445,307],"class_list":["post-51249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-networkworld","tag-managed-it-services","tag-security"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kyndryl lays off staff in search of efficiency 2026 | ThreatsHub Cybersecurity News<\/title>\n<meta name=\"description\" content=\"ThreatsHub Cybersecurity News | ThreatsHub.org | Cloud Security &amp; Cyber Threats Analysis Hub. 100% Free OSINT Threat Intelligent and Cybersecurity News.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.threatshub.org\/blog\/kyndryl-lays-off-staff-in-search-of-efficiency\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kyndryl lays off staff in search of efficiency 2026 | ThreatsHub Cybersecurity News\" \/>\n<meta property=\"og:description\" content=\"ThreatsHub Cybersecurity News | ThreatsHub.org | Cloud Security &amp; Cyber Threats Analysis Hub. 100% Free OSINT Threat Intelligent and Cybersecurity News.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.threatshub.org\/blog\/kyndryl-lays-off-staff-in-search-of-efficiency\/\" \/>\n<meta property=\"og:site_name\" content=\"ThreatsHub Cybersecurity News\" \/>\n<meta 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