Once again, IBM has been sued for age discrimination, this time alongside spin-off Kyndryl, for allegedly cutting the jobs of ...

Special report 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 separated from IBM in November 2021 to become a standalone business focused on managed infrastructure services. Over time, it’s taken advantage of its freedom to introduce new services ...

In its recent third-quarter announcement, Kyndryl Holdings (KD), a global IT infrastructure services provider, reported mixed ...

Distribution of Kyndryl shares to IBM stockholders will happen after the market closes Nov. 3. IBM said Tuesday its board of directors has approved the separation of the tech giant’s managed ...

Kyndryl is a big company. Created last year when the Managed Infrastructure Services division was spun off from IBM, taking 88,449 people with it, it immediately inherited 4,000 blue chip ...

Kyndryl this week released the full annual total compensation of its top five most highly compensated executives for the first time since the global solution provider was spun out of IBM.

IBM's board of directors has approved the previously announced separation of its managed infrastructure services business into a new company called Kyndryl. The board has declared a pro rata ...

Kyndryl had also inherited multiple no-margin contracts from IBM and has been looking to re-work them to generate higher profits. The company recorded adjusted net income of $124 million in the ...

The shares of Kyndryl (KD) are advancing 6% after Scotiabank increased its price target on the tech name to $45 from $35. The cloud services company was spun off from IBM (IBM) in 2021.

See also 'Unleashed from IBM' - An interview with Kyndryl UK/I chief Tosca Colangeli "There are still a lot of customers running mainframes for their mission-critical applications," Goude told CRN.

Kyndryl - the breakaway company formed by the separation of IBM's infrastructure services unit - has announced a new partnership with public cloud giant AWS. The partnership sees Kyndryl achieve ...