IBM's Kyndryl Holdings Inc Sank 70-75% in 'Value' in 10 Months, Will IBM Follow?

posted by Roy Schestowitz on May 09, 2026

Kyndryl Holdings Inc now has a debt considerably higher than this company is said to be 'worth'!

Kyndryl

Kyndryl looks like a company about to collapse. The Kyndryl mass layoffs are not a secret. Kyndryl is a satellite of IBM, set up and run by IBMers. The accounting would be similarly rogue (see CFO's profile).

Assuming over 10,000 (or 11,000 by some estimates) layouts are on the way, let's wait and see if the media will ever bother mentioning these! Because, as we've repeatedly shown this year, the media keeps deliberately ignoring IBM layoffs. █

In the past day: (likely under NDAs which forbid criticism)

Yesterday was my last working day at IBM, bringing curtains down on an 11-year-long stint. Yes… 11 YEARS.

Today marks my last day at IBM 💙

30th April marked my last working day at IBM

Today's my last day at IBM — and I couldn't be more excited about what's next

I've been here six years and I've hated at least four of them

Caution: this thread has been hijacked by a pro-management troll (that we thought was eliminated)

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