What is most likely to happen?

[intothefire]

Worried Eviden employee here...
In simple terms, What's the most likely outcome of all of this?
What will happen to jobs if Atos goes bankrupt?

 

[kundalbhavesh]

What I think on extreme case, Someone will take it over. My only worry Paul or JP should not say we need more money
It is company with revenue of 10 billion. A good leader can turn the situation around. (Basically good operational excellence, reduce hierarchy, remove complex process and increase sales with good negotiation) Because what I learned is Atos is poorly doing in negotiation while contract signing .

It is my opinion.

 

[Felix]

It sort of depends how long it takes, honestly.

If negotiations drag out for many months, that gives customers a long lead time to find alternatives.
Those with contract rollovers in the interim are unlikely to be comfortable signing with ATOS unless their business is really sticky and hard to move.

The ideal solution is a quick resolution, preferably that is a debt write-down and takeover acceptance from one of the current suitors (Layani, CGI etc) or less happily, an insolvency and breakup into parts.

Most likely most jobs will still be safe, but in the second scenario back office functions like HR and Accounts may suffer from 'synergy efficiency rationalisation' or whatever they call redundancies these days.

This isn't a supermarket - customers can't just go elsewhere on a whim. It takes a lot of planning and care to move suppliers, whether you're Eviden or TFco employees. There is a strong market for what you do and your customers have been happy, otherwise they wouldn't still be customers.

They just need to get on with it while there are still customers left!

 

[inZeBlue]

A good leader can turn the situation around. (Basically good operational excellence, reduce hierarchy, remove complex process and increase sales with good negotiation) Because what I learned is Atos is poorly doing in negotiation while contract signing .

This sounds more sensible than "My project is to make Atos the Airbus of cyber and digital: the European platform for digital, cybersecurity and artificial intelligence, and the leading European sovereign cloud operator, in an emerging market dominated by the Chinese and the Americans".

Don't forget to apply for the next CEO vacancy !

 

[map]

Worried Eviden employee here...
In simple terms, What's the most likely outcome of all of this?

If they do it well, which is far to be sure with current leaders, 90% of the company should remain as it is, and only the capital structure should change.
However on middle on high management level, they might be more change. In Eviden, for example if you exclude Syntel, OM is 3.2%. If in two years, you can't improve this, that means, head and middle management should have change of men.

So there will be necessary lay-off, but regarding efficiency, which means some people will be replaced by other people. But not on delivery staff.

 

[Employé1234]

Worried Eviden employee here...
In simple terms, What's the most likely outcome of all of this?
What will happen to jobs if Atos goes bankrupt?

Hi
You must see it on a local angle .
It clearly depends on which country you work for , what is the current margin and revenue generated in your country. If your contract depends on public ou private sector … etc…

Let’s be clear , Atos or eviden are currently loosing a lot of clients , on public sector the impact is big due to the CCC and risk behind for governments and capacity to bid …

So , the longer the situation stays ( and it’s already too long ) the worst can happen …

I hear always on tv and internet , people talking about atos/eviden in France … for sure , the group will be probably saved in their country , but in the others , the issue might be clearly different … a lot of countries are not so important for the group as France can be . ( and it’s understandable, French state will not fight to save NL or UK when they already have difficulties to save France )

 

[gcwf]

Bonjour,

personne n'est dans la tête de ceux qui feront les offres de rachats mais je suis plutôt optimiste sur la reprise

on a vu avec la reprise de Casino ( https://www.decideurs-magazine.com/finance/57736-groupe-casino-la-reprise-qui-tombe-a-pic.html ) que le meilleur peut arriver

les competences d'Atos et ses contrats sont convoités, c'est juste une histoire de prix

(j ai en tete l'exemple de la cybersecurite avec Airbus qui aurait aimé racheter le savoir faire incontesté d'Atos, et Airbus a finalement racheté une structure plus petite, Infodas;
recruter, developper et maintenir la competence des equipes est difficile et cela prend du temps, Airbus en a conscience, et j'imagine qu'Atos et Airbus ne se seront pas entendus sur le prix ou/et les conditions)

la couverture géographique d'Atos est un atout supplementaire

je m'imagine qu'une vente a la découpe sera profitable aux concurrents qui veulent se renforcer selectivement

tandis qu'une offre de rachat globale m'apparait plus interessante, en raison des synergies, pour celui qui aura les epaules assez solides

(PS : je suis d'accord avec Employé1234, le temps parait long, heureusement le lancement de la procédure de conciliation amiable permet d'accélerer en imposant une limite dans le temps à 4+1 mois, et en imposant la confidentialité necessaire aux negociations)

 

[keru2]

Je viens de lire le retour de Belmern => cela m'a pris 30 secondes pour jeter un coup d'oeil au calendrier, on est le premier avril .

Bien essayé

 

[keru2]

Belmer.

 

[UnSalarieEviden]

Excellent, le poisson d'avril. Merci Marc, on commence bien le mois !

 

[Cosmic Gate]

j'ai marché... pire j'ai couru...

 

[takdou]

Moi aussi, il était bien conçu. Hier soir, arrivé quasiment à la fin de l’article, j’ai jeté un œil en haut à gauche de l’écran de mon IPad pour voir l’heure, et à côté il y a la date du jour, j’ai alors compris et bien rigolé !!!