#image_title
Kyndryl Transformation
We have received multiple emails regarding the IBM-Kyndryl transformation. Rest assured, all employees of IBM Global Delivery will become part of Kyndryl without any alterations. Kyndryl will continue to source inexpensive labor for unappreciated tasks from various sources, including IBM, along with numerous other corporations. This subject has been previously discussed in our post about IBM and NewCo.
The only distinguishable factor appears to be the peculiar name. It is my belief that the company’s proprietors remain the same, concealed within an obscure offshore jurisdiction that straddles the line between legality and illegality, as this is where they derive their profits. However, IBM and its subsidiaries have failed to earn the trust of their clientele, leaving them with no viable recourse.
Another perspective suggests that IBM no longer requires the services of these individuals. However, the company is reluctant to terminate their employment directly, as it values its image as a reliable organization. Consequently, IBM plans to have another entity carry out the layoffs, with the aim of maintaining its positive reputation.
IBM removed a part of its structure that had been damaged by poor management. Rather than invest money to repair it, IBM chose to abandon it. Unfortunately, this is a common occurrence in the corporate world where people’s opinions are often disregarded and they are treated as mere numbers. It is likely that this negative attitude will continue, or even worsen.
Numerous firms have altered their names due to negative public perception. These entities aim to rebrand and begin anew, however, this strategy proves ineffective. The companies fail to modify any other aspect of their operations. In essence, they rely upon a temporary solution, with no intention of establishing a reputable image, only to exploit uninformed consumers for financial gain.
IBM’s announcement of a significant transformation is unlikely to elicit any genuine happiness from people, as they are not the company’s primary concern. The fraudulent claims system is likely to remain in place, forcing customers to seek better support independently, even in the absence of Kyndryl. Offshore companies prioritize their profits above all else, and it is unlikely that anything positive will come from this situation. Addressing this issue requires intelligent and bold individuals, rather than those who conform to the status quo.
My advice to you all would be to commence your search for alternative employment. This particular division of IBM, which is now known as Kyndryl, is destined for failure. Its downfall is not owed to its nomenclature, but instead, its shortsightedness and avarice. I do not believe there will be any investment made in the staff since offshore enterprises are known for their reluctance to do so. You will be burdened with an overwhelming amount of unappreciated labor for an inadequate compensation package.
Who truly owns Kyndryl? Historically and presently, these are shell corporations that lack production capabilities. Financial institutions and investors have discerned that to profit from nothing, one must exploit inexpensive labor, which often lacks awareness of their rights. Financial investors have attached themselves to companies susceptible to financial speculation like a cancer. Regrettably, we inhabit a world where producers don’t triumph, but rather, the leeches.Kyndryl owners.
What is the Bogle method?
In summary, an investor following the Bogleheads approach tends to adhere to the following key strategies: firstly, they prioritize a high savings rate. Secondly, they opt for a diverse asset allocation that includes both stocks and bond asset categories. Thirdly, they gravitate towards cost-effective, extensively diversified funds. Fourthly, they distribute funds in a tax-efficient manner. Lastly, they remain committed to their strategy, steadfastly weathering market fluctuations.
Looks familiar doesn’t it?
Take care guys , be smart
