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Harsh Chugh

Coverage of Harsh Chugh in the Nexus archive.

Earliest in view: May 20 · 12:15 UTCMost recent: Jun 9 · 10:45 UTC
Co-mentioned in this coverage
Kyndrylorganization2Martin Schroeterperson1Elly Keinanperson1SEC filingstopic1redundancy packagestopic1stock awardstopic1cloud computingtopic1IBMorganization1Martin Schroeperson1UKplace1
Recent coverage
  • BUSINESSJun 9 · 10:45 UTCTHE REGISTER
    Kyndryl showers execs with shares while staff ponder redundancy packages

    Kyndryl awarded executives with shares worth hundreds of thousands of dollars during a redundancy program, sparking staff discontent. SEC filings revealed stock grants to CEO Martin Schroeter and others, while the company seeks volunteers for job cuts amid financial struggles linked to cloud computing trends.

  • BUSINESSMay 20 · 12:15 UTCTHE REGISTER
    'Workforce rebalancing' comes for Kyndryl, and delivery teams are in the firing line

    Kyndryl, a global technology services division, is cutting jobs to reduce overheads and streamline operations, affecting delivery teams in several countries, including the UK. The company is entering a 45-day consultation with employees, with hundreds of people likely to be placed at risk of redundancy. Kyndryl expects to yield annualized savings of $400 million to $500 million in fiscal 2028.