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'Workforce rebalancing' comes for Kyndryl, and delivery teams are in the firing line

Summary by The Register
EXCLUSIVE Kyndryl – the global technology services division spun out of IBM in 2021 – is cutting jobs to reduce overheads and "streamline our operations" in several countries. The business is this week entering a 45-day consultation with employees, where local law requires, under what insiders described as "workforce rebalancing," a euphemistic term that invariably means redundancies. Sources at the IT services biz told us more than 150 managers…

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The Register broke the news on Wednesday, May 20, 2026.
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