Reneged on layoff compensation - Security Specialist Kyndryl Employee Review

1.0
17 Oct 2023
Recommend
CEO approval
Business outlook

Pros

Library of training courses available. 4% 401k match

Cons

Kyndryl promised upon layoff announcements that we would receive 2 months paycheck to look internally for a new position. A few days before the contract was terminated, they reversed course by telling us there would be no 2 month period to look internally and no paycheck continuing. They lied to all of us on that contract in order to get us to stay to the end, then played games with our lives and families. They make a big show at all the corporate meetings about how important their employees are but it is all lies so don't fall for it.

Explore other reviews about Kyndryl

5.0
23 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Benefit, Paid Leave, Growth opportunity.

Cons

Job opening limited in may other fields.

2.0
22 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Remote work, vacation, coworkers are usually pretty chill, 3 months on the bench to look for a new job before you're laid off

Cons

10-11K planned to be laid off this year and they aren't going after the worst performers, they're just cutting out whatever section looks good in excel. Poor profitability. Constant reorgs. Say they're a flat organization but keep getting more and more vertical. the last manager I got transferred to took months to have a meeting with my group and when he did, it was only to let us know we were getting cut, never-mind that we had a presentation on how to save a couple million on a type of software license that the company had to have to do business. They still use a stacked ranking for employee review, so if your whole team had an outstanding year and surpassed every goal, only 5-10% will be graded as outstanding and 10-15% will get expects more. Even when I got into that 5-10% exceeds, the raise for that year was still only 2%. One year I got a promotion from band 4 to 5, still only a 2% raise. Your pay will be as flat as a plains state. After 15+ years in this company, it feels like leaving an abusive relationship. Yes, it's not all bad, but you have to recognize that it still wasn't good for you.

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