IBM Layoffs

Comment! It's anonymous! Post information you know, rumors you heard, your experiences, or contribute to the discussion by answering or asking about layoffs at IBM. The comment form is located near the bottom of the page.

Topics regarding layoffs at IBM

Are Options Traders Betting on a Big Move in IBM Stock?

Clearly, options traders are pricing in a big move for IBM shares, but what is the fundamental picture for the company? Yeah, a big downward move. https://www.zacks.com/stock/news/346686/are-options-traders-betting-on-a-big-move-in-ibm-stock

The Skills Matrix

My team was just asked last week to fill in a matrix of our skills and what were working on with timeframes. Now sometimes these requests can be data gathering for a big bid, but I know it’s not for a big bid this time as I know of several other... read more

Why companies discontinue telecommuting

This is not my post but I thought it was relevant to us... Flagging it with #Gold ========= It's a part of a bigger shift to hire younger folks with lower salary requirements. Here is how the scam works (many companies are doing this): Create a hub... read more

Next round of layoffs

When can we expect next round of layoffs? It is more and more obvious each day that anybody in their late forties or early fifties and up has no future at IBM. This leadership will stop at nothing to get rid of us, it seems. And unfortunately, they... read more

Maybe the same poster will stop posting

It’s obvious from the posting here the vast majority of the comments here are from one person....check writing style. Can you please stop?, you’re ruining the forum and making it look like your column. I’m definitely not sticking up for IBM, but get... read more

IBM to 'be gone' from AECOM by Spring

https://www.computing.co.uk/ctg/news/3068859/ibm-to-be-gone-from-aecom-by-spring-says-insider A depressingly familiar story that could be from any one of IBM's outsourced clients. No doubt the loss of this account increases the chance of more... read more

IBM sued by 57 year old for Age Discrimination

https://www.dailymail.co.uk/news/article-6562823/Former-IBM-employee-57-accuses-company-firing-age-discrimination.html A former IBM employee is suing the IT company, alleging she was fired because of age discrimination. Terry Keebaugh, 57, was fired... read more

IBM commercials

Last night I saw an IBM commercial claiming that Watson can improve call center efficiency. I guess diagnosing cancer is too hard. Then I saw a commercial where IBM Cloud can do something, I don't know what, with racing cars? IT looks like IBM... read more

IBM RA Severance Pay

I can't fathom how they can change the severance pay. When I was absorbed by IBM, we were sold on the company culture and being true blue etc. Part of the reason I didn't jump ship was that they had specific benefits at the time. I never imagined a... read more

IBM's Seterus mortgage-services Sold

https://www.businessinsider.com/ibm-sells-mortgage-services-product-seterus-2019-1 IBM sold its Seterus mortgage-services business to Mr. Cooper Group, the companies announced Friday. The terms of the deal weren't disclosed, though IBM said Seterus... read more

Has anybody seen this?

This has IBM written all over it. A new data analysis by ProPublica and the Urban Institute shows more than half of older U.S. workers are pushed out of longtime jobs before they choose to retire, suffering financial damage that is often... read more

IBM claims that AI will reshape marketing

I see that IBM is trying to aggressively push their planes regarding the application of AI in the sector of marketing into the media. Maybe in terms of publicity, after the Watson disaster in cancer treatment, the smart thing to do was to switch the... read more

IBM selling more assets

IBM selling its Seterus platform... this is more evidence that the company is cleaning up shop to divest one or more divisions to pay for the Red Hat acquisition... read more

Watson Health

My husband left a good job with Philips in 2016 to join Watson Health. Should we be worried about layoffs this quarter?

A sense of “slow” panic

IBM is very concerned as to how 4th Q and full year results will be received. If results come in “light” look for an announcement “sooner” as the board and management can’t take the inspection anymore (they are out of excuses and runway). The much... read more

2015-2018 was bad time for stock buybacks

https://www.cnbc.com/2018/12/11/investors-should-be-furious-3-stock-buybacks-that-went-horribly-wrong.html If IBM senior management's lack of vision is not enough, according to CNBC, their bad timing puts them in the bottom 4. We have watched the... read more

IBM & Sears = Prodigy > Amazon

In the mid 90's IBM and Sears sold their interests to this group for $200 million. It was estimated that IBM and Sears had invested more than $1 billion in the service since its founding. It's a shame someone at Prodigy did not have the foresight... read more

Former AmEx Boss Chenault Leaving IBM, P&G Boards

It starts with a trickle. . . https://www.wsj.com/articles/former-amex-boss-chenault-leaving-ibm-p-g-boards-11545953913 Kenneth Chenault, the former chairman and chief executive of American Express Co. AXP 0.90% , is stepping down next year from his... read more

Lawyer Blog - IBM Age Discrimination.

https://blogs.lawyers.com/attorney/discrimination/ibm-age-discrimination-52401/ "However, a spokesman for IBM claims that the layoffs over the years have nothing to do with age, but rather an attempt to acquire an updated skill set, which is not... read more

Shareholder files suit over IBM-Red Hat deal

And it begins! https://www.bizjournals.com/triangle/news/2018/12/18/shareholder-files-suit-over-ibm-red-hat-deal.html Nearly two months after IBM announced plans to buy Raleigh-based Red Hat, at least one shareholder complaint over the deal has been... read more
by
| 472 views | | no replies
Post ID: @WOiWp0Y

Ginni gone in 2019?

We wanted to Ginni to do better. Such promise in 2012 - along with hope for some real humanity in the nasty world of IBM senior management. The reality has been so different. Twenty two consecutive quarters of declining top-line revenue. $106 billion... read more

It’s all about the cash flow

It’s all about the cash flow!!! Wall Street has voted thumbs down on Ginni’s public plan so far. That doesn't Mean they don't Think it will succeed, BUT they think Ginni and the current management team will not pull it off. Wall Street is putting... read more

This is what IBM wants

An employee with the wisdom of a 50 year old, the experience of a 40 year old, the drive of a 30 year old, and the pay scale of a 20 year old. It's painful accurate this is. Companies like IBM would really like to have all of that in one person but... read more

Start a new thread - post a news comment, question or message:

: