{"id":1026592,"date":"2026-08-06T08:14:25","date_gmt":"2026-08-06T02:44:25","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1026592"},"modified":"2026-08-06T09:08:22","modified_gmt":"2026-08-06T03:38:22","slug":"kyndryl-misses-quarterly-estimates-on-weak-sales-charges-linked-to-job-cuts","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/06\/kyndryl-misses-quarterly-estimates-on-weak-sales-charges-linked-to-job-cuts\/","title":{"rendered":"Kyndryl misses quarterly estimates on weak sales, charges linked to job cuts"},"content":{"rendered":"<p>IT services \u200bprovider Kyndryl missed Wall Street estimates for the \u200bfirst quarter on Wednesday, as lower demand and charges tied to its workforce rebalancing plan weighed on results. <\/p>\n<p>The company&#8217;s shares were down 7.9% \u200cin morning \u2060trading. <\/p>\n<p>Revenue in Kyndryl&#8217;s largest geographic segment, Principal Markets, fell 7% in the \u200bquarter to $1.26 billion. <\/p>\n<p>The company&#8217;s first-quarter revenue of $3.62 billion missed analysts&#8217; \u200baverage estimate of $3.64 billion, according to data compiled by LSEG.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IT services \u200bprovider Kyndryl missed Wall Street estimates for the \u200bfirst quarter on Wednesday, as lower demand and charges tied to its workforce rebalancing plan weighed on results. The company&#8217;s shares were down 7.9% \u200cin morning \u2060trading. Revenue in Kyndryl&#8217;s largest geographic segment, Principal Markets, fell 7% in the \u200bquarter to $1.26 billion. The company&#8217;s first-quarter revenue of $3.62 billion missed analysts&#8217; \u200baverage estimate of $3.64 billion, according to data compiled by LSEG.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1026592","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1026592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1026592"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1026592\/revisions"}],"predecessor-version":[{"id":1026613,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1026592\/revisions\/1026613"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1026592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1026592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1026592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}