Dossier
severance charges
Coverage of severance charges in the Nexus archive.
- Kyndryl takes employees' pulse while cutting off circulation for some
Kyndryl, an infrastructure tech services company spun off from IBM, sent a pulse survey to employees on the same day it announced potential job cuts, sparking backlash. The company cited efforts to address labor costs amid declining profits, with severance charges projected at $200 million. A brief town hall meeting provided minimal details, further fueling employee dissatisfaction.