7 minute video. At around the 3:48 mark he notes how well MS has recovered with their new CEO but no such comments regarding how well Ginni did. https://www.youtube.com/watch?v=8jX8iJqtB7c
Topics regarding layoffs at IBM
So IBM abandons the WeWork space at the end of May (@OP+15fbjmK4) and now they're looking to purchase a building outright or sign a presumably long-term lease on one? Guess now's the time when commercial real estate prices are low, but this is still... — read more
This may or may not happen, but I don’t believe it’s good news for Power if it does happen https://realmoney.thestreet.com/investing/technology/6-thoughts-on-nvidia-s-reported-interest-in-buying-arm-15388218
When is IBM Cloud going to start winning some meaningful Cloud contracts? They advertise that they are the most secure cloud in the business. Google Cloud Wins Multimillion-Dollar Pentagon Cybersecurity Contract (see link below) The... — read more
"IBM has cut salaries and commissions for staff, even for recently-joined Red Hat staff." facebook.com/watchingBigBlue/posts/3180758555353510
This amusing story is quite illustrative of the problems that IBM has as a huge, bureaucratic company. * * * * "I suspect this note had its origins in Westchester" * * * * * IBM and Microsoft decided to have a competitive boat race (cloud... — read more
August is going to be a slaughter. https://www.marketwatch.com/story/bye-boomer-the-coming-cull-of-workers-over-50-2020-07-29 Uh-oh. Those of us who remember when ’80s music was new had better start bracing ourselves for those big-box-store... — read more
From time to time, it's good to remind folks about this... Just an FYI, here is what EEOC lists for Age Discrimination The following practices constitute age discrimination 1) Requiring workers to retire once they reach a certain age 2)... — read more
Management least interested in solving problems but most happy to pass the buck to someone else. Let the poor guy work himself to his grave and when something fails just put it on the poor guy saying he couldn’t survive. But management won’t take any... — read more
IBM's transformation may resemble Microsoft's transition to the cloud. As this metamorphosis continues, IBM could again become one of the most respected names in the tech industry.
Everyone knows that IBM has been having a terrible time competing in the public cloud/hyperscaler market. It would be a stretch to think their revenues in this specific public cloud marketplace are even a fraction of the $24 billion claimed annual... — read more
It appears that the only "cloud wars" associated with the author of this article are those that he's blowing from his own b-ng. What a clown. https://cloudwars.co/ibm/why-ibm-ceo-arvind-krishna-earned-a-for-debut-quarter/
During mid-July, US Tech major IBM had close to 200 positions open in India and 33 percent were for these legacy skills. Hmmmm. . .Big Blew is looking to hire lots of legacy skills in India shortly after a massive RA? There are no... — read more
Here's one way to shore-up the numbers. https://www.inputmag.com/culture/ibm-took-170m-of-taxpayer-dollars-for-a-website-that-doesnt-exist
Since March 2013, the Dow Jones average has risen 84% (14,578 to 26,805), the NASDAQ has risen 222% (3,267 to 10,515), and IBM stock has dropped 39% (212 to 129). And yet no exec has been fired.
Since Krishna became CEO in late January, IBM has cut an unspecified yet seemingly large number of jobs. In the first quarter, IBM took a $728 million charge for workforce rebalancing, according to its most recent 10Q from late April. In... — read more
When I graduated in 2002, IBM's market cap was about 10 times larger than Accenture's. I thought joining IBM was a logical choice... Look at us today: IBM's at $111.93B while Accenture is at $147.84B... I miscalculated. Anyhow, I was let go in... — read more
Separation package has mentioned age and time of service to receive 401k match. Does anyone know how it works or just forget it .
Earnings & Revenue beat analysts expectations *AND gross margins grew!? Someone dig-in to these misleading numbers please? https://www.cnbc.com/2020/07/20/ibm-earnings-q2-2020.html
Just an FYI for all of you here that IBM Comms is active on this board with a goal of posting random IBM related stories in order to push down and drown any content that may be critical of the company. BTW, they've done the same thing on reddit... — read more
I was hit in 2015, two weeks notice that you are gone, then got 30 days more with the company to "find" a job (of course no one will talk to you). Then you are gone, no healthcare, no nothing. They cheated me on my compensation too after... — read more
Apparently AK is not subject to the pandemic-induced travel ban. Also, it's not just random chance that this meeting occurred today in India, as today is when 2Q20 results are announced: ... — read more
Go on IBM.com home page and see what they are promoting. Very little about cloud or even hybrid cloud. A lot of other software stuff instead and a little on Cloud Paks. How could this be? Cloud is the end game. Look on the products menu. One... — read more
Any updates? This is inevitable but wondering where the cuts will be.
Funded by a 10-year, $20 million IBM commitment, Here's where some of the the money Big Blew _saved_ over the years through ongoing "ethical" RA's targeting older... — read more
https://www.washingtonpost.com/business/technology/google-announces-10-billion-digitization-fund-for-india/2020/07/13/2d91a0a2-c4f2-11ea-a825-8722004e4150_story.html When these tech companies at the edge of bankruptcy, they look for a bailout from... — read more
I'm hearing that RedHat staff - some hired by RH, some by IBM - have been forced to take pay cuts and had commissions reduced. Anyone impacted? [email protected] for story on theregister.com if interested. Or just post here.
Posting requirements for positions that are impossible to fill: looking good IBM, looking real good. . . https://www.theregister.com/2020/07/13/ibm_kubernetes_experience_job_ad/
An 11-year-old Pentagon case against International Business Machines Corp. ended quietly in October when it agreed to pay the government $900,000 to settle claims involving hacking attacks on the National Defense University that began in... — read more
2| Data Scientist at IBM Location: Anywhere in India Responsibilities: As a data scientist, your role will involve running workshops to define the problem statement, identifying the data that is required, cleaning up the data... — read more
Yet another acquisition shortly after a massive RA? And in the AI space no less? Wasn't AI one of the areas that was decimated in the last RA? Apparently this skill didn't exist or couldn't be cultivated in Big Blew. ... — read more
Deutche Bank is one of IBM's key financial industry customers. Things are not looking good for big cloud wins for IBM. And now this account will probably be in steady revenue decline. If IBM is to have any success with the bigger Cloud... — read more
Anybody else thinks that the only reason there isn't a mass exodus of people from IBM right now is the state of the economy? So many people are fed up with everything that's been going on in the past several years and have now been pushed over the... — read more