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How the CHRO of Kyndryl reinvented corporate culture for 80,000 workers after spinning off from IBM
Officially formed in late 2021, Kyndryl was created from the spin-off of IBM's infrastructure services, [4] [5] and comprises the bulk of the former IBM Global Technology Services. [11] [12] At year-end 2020, the spin-off had a portfolio of around 4,400 customers, including 75% of the Fortune 100.
Kyndryl, listed in New York, is an IT infrastructure services provider with operations across 60 countries and counts cloud providers Alphabet's Google and Microsoft as its customers.
As per the terms, IBM shareholders will receive 80.1% of Kyndryl’s common stock on. American multinational technology company International Business Machines Corporation (IBM) announced that its ...
Further complications arise if the investor periodically buys or sells shares, or if the company is involved in an event requiring adjustments to cost basis, such as a spin-off or a merger. While the term "DRIP" is usually associated with company-sponsored plans, reinvestment of stock dividends is also available at no cost through some ...
Kyndryl's fiscal Q2 report delivered good news for investors on key fronts.
Pages in category "Corporate spin-offs" The following 200 pages are in this category, out of approximately 321 total. This list may not reflect recent changes .
Kyndryl, which specializes in infrastructure IT services, has a market value of $6 billion. Apollo, with $671 billion of assets under management, is one of the world's biggest investors in private ...