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.… ...

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

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 the third quarter, we delivered another quarter of strong signings growth and significant margin expansion, led by ...

Kyndryl on Monday missed Wall Street estimates for third-quarter revenue, as strong AI-linked sales were offset by a strong dollar and the IT services provider's shedding of lower-margin deals.

System integrator Kyndryl has integrated AI software from Palo Alto Networks into its new secure access service edge (SASE) offer for enterprises.

Kyndryl Holdings Inc. today reported adjusted ... and offset by a contractually required increase in IBM software costs and layoff charges of $17 million. Adjusted earnings before interest ...

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 ...