Kyndryl
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Kyndryl showers execs with shares while staff ponder redundancy packages
Timing, as we noted previously, is everything. Now hard-pressed tech services biz Kyndryl is dishing out shares worth hundreds of thousands of dollars to execs in the middle of a redundancy program – and some staff are not amused. According to SEC filings made on June 5, chairman and CEO Martin Schroeter was awarded 19,406 units of common stock, valued at $12.25 per share.
Kyndryl takes employees' pulse while cutting off circulation for some
Kyndryl distributed a company-wide pulse survey to employees shortly after informing some staff that their roles were at risk of redundancy. The company stated the survey is part of its commitment to listening to employee feedback, while simultaneously attempting to address labour costs following a decline in net profit. Sources suggest the timing of the survey, amidst job insecurity, has caused significant employee dissatisfaction.
144 - Kyndryl Holdings, Inc. (0001867072) (Subject)
Filed: 2026-06-09 AccNo: 0001959173-26-004470 Size: 11 KB
Dutch Authorities Block $115 Million Deal by a U.S. Tech Company
Willemijn Aerdts, the Dutch minister for the digital economy and sovereignty, spoke to the news media last month after blocking the acquisition of Solvinity, a Dutch tech company, by the U.S. firm Kyndryl.
Dutch Authorities Block $115 Million Deal by a U.S. Tech Company
Willemijn Aerdts, the Dutch minister for the digital economy and sovereignty, spoke to the news media last month after blocking the acquisition of Solvinity, a Dutch tech company, by the U.S. firm Kyndryl.
Dutch gov't will only allow European company to operate DigiD platform
Dutch gov't will only allow European company to operate DigiD platform The next company to manage part of DigiD must be European, State Secretary Eric van der Burg of Interior wrote in a letter to parliament. The tender for the contract after August 2028 will be conducted via the Defense and Security Procurement Act (ADV). “The reason for this is that the ADV offers more possibilities than a regular European tender to limit risks to national security,” said the VVD Cabinet member.