Layoffs will be very large in 2018, again, compared to 2017. Look at this link and search for 'rebalancing' (aka layoff expenses). Note that in 1H 2017, these expenses totaled in $171 million. For the entire 2017 year, the number equaled $199... read more
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Topics regarding layoffs at IBM
Things have been going downhill for us for a while, with one bad decision after another. Anybody else feeling like we are finally past the point of no return?
Too much whining on this board distracting us. Layoffs are coming. If anyone has intel that could warn us about divisions targeted, please share. It could save someone from a period of unemployment to start their search as early as possible.
This is just too funny. I love the joking and laughter about Watson. https://finance.yahoo.com/video/ibm-down-revenue-misses-estimates-210615280.html I don't think the press the queen bee would like.
The article states that Lenovo is going to use IBM’ AI solutions for customer support. Think that this deal opens a wide range of opportunities, not only in terms of revenue but also in establishing IBM on the market of higher offerings such as AI... read more
I am considering leaving IBM GBS and joining Accenture (Interviewing in process) - I've joined IBM six years ago, my first job after graduating college. At Accenture I'd be aligning with SAP / Financial Services Operating Group on the consulting... read more
I found myself getting worked up on Sunday afternoons about the stress I'd be getting on Monday morning (regularly working 60-65 hrs including many weekends - but no overtime). Then, gradually, the panic started to move backwards to Sunday lunch... read more
ibmers and macbooks be ready with fear of the ginni machete when software sales dip and revenues slip employees are meat at a deli
IBM is failing on a number of fronts. From my viewpoint they're getting boxed-in on Cloud, Watson-AI, Security, Services, Block-chain and more. It's well documented that IBM was late to the table with a number of their "newer" offerings/directions... read more
Nobody here admires Rometty. Another quarter of failure. The question is---if a company is willing to lie about its layoffs; lie about the pace of its transformation---and if a company willfully violates one set of laws--like the age discrimination... read more
A. please start a pot of coffee because Alexa has a lot to cover
This is very bad news people. Massive RA's coming for sure and well deserved no doubt. Where has Bain been? Thought the top heavy mgmt structure was to be trimmed? I still see managers running around my building with nothing to do but send useless... read more
All the lowlights: IBM falls after revenue misses -- https://www.cnbc.com/2018/10/16/ibm-earnings-q3-2018.html IBM’s Revenue Shrinks Again -- https://www.wsj.com/articles/ibms-revenue-shrinks-again-1539722309 IBM is shrinking again, and so is its... read more
AI will impact 100% of jobs, EVERYONE!!!! All professions, all industries... Says IBM's Ginni Rometty @ the sh--ty Gartner Symposium/ITExpo.... The queen of bullet points, Ginni Rometty Zarathustra, laid out three principles for companies working... read more
Another quarter's results are lacking. Less revenue less profit. How to respond? More layoffs no doubt. Management geniuses. We can rely on their steadfast leadership! Brightside...minimum wage catching up from behind fast. Getting so a guy pushing... read more
Too many managers and not enough people doing the actual work at IBM. You will eventually lose everything with that business model in place. But we could have another town hall to pretend we are great.
I was laid off (RA’d) in September 2017 – moved on and things are going well at the new company. I'm trying to get a loan for a house remodel and the bank is asking for a W2. Do you know where separated workers can get their IBM W2s - not sure what's... read more
The author wishes to thank those who replied to previous posts. Their feedback is incorporated into a fully-revised version of Part 1. Substance-wise, a new discussion of Palmisano’s Model (roadkill 2015) is included in Part 1. Also, the word... read more
I'm beginning to wonder if there is some sort of secret CEO society where the likes of Jeffrey Immelt, Ginni Rometty, Marrisa Mayer, Bob Nardelli..etc sit around an oak table bragging who drove a once great company into the ground the fastest while... read more
Voice of IBMers (part 2): Rage against the Machine — No Trust for IBM Watson Marketing Hype, Mr. Death Panel, (2) the selection of people with requisite integrity and character for its Board, and (3) the accurate and transparent reporting of the... read more
See article here: https://medium.com/@B_C_Gobin/summary-ibms-new-way-of-work-means-mass-layoffs-discrimination-colocation-concentration-8df15290dd6c
So since IBM knows they had no chance of winning the bid they resorted to formally whining about the terms of the proposal in the desperate hopes that the DoD relents and changes the terms of the proposal from a winner-take-all to allowing for... read more
So clearly IBM is giving a heads-up that the Latin American geo will not be helping 3Q's numbers and probably not 4Q's either. https://www.zdnet.com/article/ibm-reiterates-commitment-to-brazil-despite-uncertainty/
https://247wallst.com/services/2018/10/07/ge-ibm-brand-values-take-big-hits/ Interbrand has released its Best Global Brands 2018, the 19th installment of the study. The value of the great majority of the 100 brands rose from a year earlier. The value... read more
The UK is in the toilet because of the HORRIFIC leadership, promoting unqualified people to jobs they can’t handle and who lack meaningful client relationships. Many good staff have recently left for executive level jobs at competing companies across... read more
Hello all – I’ve joined IBM two years ago and right now I am about 20 years older than my current manager. The manager is young and smart but very inexperienced, I am sure with time she’ll blossom but right now things are just awkward given the age... read more
IBM's been making series of business mistakes and have mistreated employees in an unforgettable way. Bad reputation ensures that IBM has hard time attracting talented people to begin with. Bad compensation ensures that they won't keep the few that... read more
IBM's MO has been to have a space of a couple weeks/1.5 month separation between announcing quarterly numbers to the "Street" and next batch of layoffs. Another cruel MO of IBM's to announce the RA's the Thursday before a major US Holiday(Easter 2018... read more
Please Reploy with your own experiences... Here is my experience: The FIRST weekend after I landed my new job outside IBM was the FIRST time in 5 years that I actually LOOKED FORWARD to MONDAY. Now I'm NOT BEING NEGATIVE, I am simply saying that the... read more
http://hrexecutive.com/leveling-the-playing-field-for-older-workers/ Ultimately, age discrimination persists in the workplace “because too many people think age negatively affects ability. It doesn’t,” says Ventrell-Monsees. “People used to think... read more
https://www.wsj.com/articles/companies-use-ai-to-help-managers-become-more-human-1525053660 . . . The human touch? Even as technologists grapple with concerns about AI replacing people, companies are using the systems to help them handle a very human... read more
El Reg's report on IBM UK. https://www.theregister.co.uk/2018/10/05/the_only_way_is_up_baby_ibm_uk_sales_down_profit_down_staff_headcount_down/
Sell before 3Q Results are announced. https://www.cnbc.com/2018/10/04/ibm-profits-are-in-an-irreversible-structural-decline-analyst-says.html
About 2 weeks from announce: cast your ballots now!
You do not qualify for unemployment pay during the time you are receiving severance pay. But once the 30 days are up you will certainly qualify for unemployment compensation. Some states you can collect unemployment while in severance period, some... read more
At IBM benefits are being cut every year, the worker’s position is getting worse every year – I am bit jaded given the fact I was RA’d but whatever... Here is one example, 401k match is only done if you are working on Dec 15 of each year, so if you... read more
So does IBM take the bad news this quarter??? https://finance.yahoo.com/news/appeals-court-affirms-ruling-ibm-183414978.html