Kyndryl lays off staff in search of efficiency

Kyndryl, the managed IT services provider that spun out of IBM, has announced layoffs that could affect its own internal IT services. “We are eliminating some roles globally — a small percentage — to become more efficient and competitive,” said a Kyndryl spokesperson, without giving the exact number of employees affected due to the layoffs. “These actions will enable us to focus our investments in areas that directly benefit our customers and position Kyndryl for profitable growth,” 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
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