Kyndryl Layoffs 2025. Kyndryl's layoffs aim to boost efficiency amid economic pressures and industry shifts. Special report kyndryl, the managed infrastructure services business spun out of ibm in 2021, earlier this month repeated its somewhat glum prediction that its revenue will.

Kyndryl, the it services biz spun out of ibm in late 2021, has been following in the footsteps of its parent by discreetly shedding hundreds of workers, largely in the us. Kyndryl’s planned layoffs come after the company reported revenue of $4.3 billion in its third fiscal quarter 2023, which ended december 31, down 6 percent from the previous quarter.