Infotech Atos: the fall of a colossus with feet of clay

Atos: the fall of a colossus with feet of clay

It’s an end-of-reign atmosphere: the stock market is collapsing, the management only thinks of saving money, there is no strategy for the future, and a large number of employees are resigning.describes Franck, 57, an IT engineer at Atos for 27 years. I haven’t decided yet if I’m staying, I’m eight years away from retirement… We’ll see if they make a departure plan. » Atos, the French digital giant with 111,000 employees worldwide, is a strategic economic player for the State since it is the only European manufacturer of supercomputers and manages many critical IT services (army, etc.) .

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But Atos is sinking. Its results are in freefall, its stock market valuation even more so. To save it, the management tries to raise the bar by announcing its separation into two distinct companies: on the one hand, its core business of selling IT to companies (known as “outsourcing”), on the other, its services high value-added annexes such as cybersecurity, artificial intelligence and the cloud. ” By specializing in two activities, on two different trajectories, each company will focus on what it does best for its customers, thus creating significant investment capacities for each, and a unique opportunity for success, growth and development. lasting achievement “, justified the general manager of Atos, Rodolphe B

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