In 2008 there were 4200 IBM employees in Rochester In 2017, there were 2,427 (Jan. 13, 2017) That's a 42.2% drop in about 9 years. To achieve the same 2008 employment levels, IBM Rochester would have to grow 73% See more here:... read more
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Topics regarding layoffs at IBM
https://www.bostonglobe.com/business/2017/05/24/women-ceos-earn-big-pay-but-few-them-have-top-job/FxhsonWfNkRO0xWzXvb1GI/story.html NEW YORK — Women CEOs earned big bucks last year, but there are still very few of them running the world’s largest... read more
"Police noted in the affidavit that Gomez was listed as a contract employee for IBM." Guess his contracted wage wasn't sufficient. http://www.kvue.com/news/crime/0421-theft-charge-robert-gomez/433120529
https://www.gurufocus.com/news/524034/hitachi-to-deliver-new-mainframe-based-on-ibm-z-systems-in-japan Hitachi will exclusively adopt the IBM z Systems high-performance mainframe hardware technology as the only hardware for the next generation of... read more
Anyone by chance see the four page ad in the Times? Sounds like this IBM is some up and coming company. Looks like pretty hip place to work. They hiring?
We know where this is leading. . . https://seekingalpha.com/article/4075450-red-flags-ibm A beautiful list of red flags, which he then provides support for each point in his clearly written, not-too-lengthy article: "Decline in revenue over multiple... read more
https://www.inc.com/geoffrey-james/ibm-just-committed-cultural-and-creative-suicide.html IBM has told its employees that they can't work from home. The end of "Big Blue" is nigh. For years, IBM has touted its "work from home" policy as a reason for... read more
Yet another re-org started in the old SWG organization. Panic everywhere, nobody really knows where they will end up or whether they will have a job... Will probably take a month or more to settle, in the meantime nothing happening, business is at a... read more
I am hearing rumors from 2 sources within IBM of another "transition to retirement program" that may be coming in 3Q. Work week reduced to 3 days, salary reduced by one third, maximum time 15 months before having to retire, but no impact to health... read more
Well, so, we know Ginni can't RA the entire U.S. workforce, as then the Chinese would have nothing to steal! "International Business Machines Corp was not identified by name in the complaint. But a LinkedIn profile for Xu said he was employed as a... read more
So, the parent company of WebEx is following in our footsteps: Work From Home (WFH) aka remote work to end in Q4 Source: https://www.thelayoff.com/t/NnpeYFO Or: @NnpeYFO
Happened a few weeks ago, so not new news, but still quite humorous: Mr. Agile left Big Bleu after only a scant few years. But certainly the biggest, or at least the strangest revelation is this nugget: "Mr. Previn’s mother, the actor and activist... read more
Just want to confirm this is correct as I never 'saw this memo'.... This is from El Reg: Repeated redundancies and a recent directive to limit travel expenses on a round trip to £75 have typified life in an organisation that is desperately trying to... read more
http://www.investopedia.com/news/ibm-pension-fund-sells-ibm-stock-q1-13f-shocker-ibm-wfc/ When Warren Buffett, the celebrated investor, billionaire, and chairman of Berkshire Hathaway, makes an investment move, thousands of investors around the globe... read more
https://www.theregister.co.uk/2017/05/19/ibm_ceo_flouts_travel_restriction_in_chopper/ IBM’s glorious leader Ginni Rometty – also known in some corners as the axe woman – this week c---ed a snook to the corporate directive on travel restrictions by... read more
In my small corner of hell, dozens of people working on customer contracts which we are bound to deliver on by contract are leaving. As far as new sales goes, the IBM'ers who are leaving are the only ones who know what we do and how to engage with... read more
Massive number of Lay Off happening. 21 resources have been sacked in POSH in 2017. IBM is doing whatever they like. we need to regroup for our own benefits.
What a joke. Right after IBM said displaced people could apply for other IBM jobs, they slapped on a "no new hires" to every department in the company! That's right. Go find another job in IBM, whoops, not so fast, no departments in IBM are allowed... read more
Another article about the co-lo nonsense, so not new news, but there's some gems in here, like these two paragraphs -- "Relocating offices or asking employees to move can sometimes be read as layoffs in disguise, since a certain percentage of workers... read more
https://www.dallasnews.com/business/business/2017/05/18/ibm-remote-workers-head-back-office-leave As more and more employers follow the trend of offering workers more flexibility about where they do their jobs, one corporate giant is putting a halt... read more
Are you kidding me with these know-nothing lazy millenials ? "What the hell we s'posed to do you moron?" https://www.youtube.com/watch?v=trljmnV6blE
There is definitely something going on. Some IBM Execs are being recalled from various location around the world. Not sure what but it could very well be a shake up on top.
a friend being ra'd is short of the age 55 requirement by about 1 yr 5 months. has 20+ years service. typically ibm will only bridge 1 yr these days. anyone know how to get hr to approve a longer bridge to retirement? otherwise fha account and... read more
http://www.theregister.co.uk/2017/05/16/how_to_reward_an_ibm_exec_for_lower_sales_and_shtinking_profits_promotion/ David must be stoked by his corporate elevation from UK boss seat to Europe IBM’s UK overlord David Stokes is getting his just deserts... read more
This board is just another proof of this - the company lost it's soul, passion, sense of purpose. All employee engagement at IBM is fake, there is no sense of loyalty (for a number of good reasons) and there is no common mission employees try to... read more
http://www.gadgetsnow.com/jobs/ibm-to-cut-5000-jobs-in-india-sources/articleshow/58698863.cms IBM may let go of at least 5,000 employees over the next few quarters, people familiar with the development told ET NOW, making it the latest round job cuts... read more
What are your thoughts? How likely is it that Ginny will step down? When would she step down? Who would be appointed as a new CEO? How would market react? What kind of impact on RAs would this have? How would the business strategy change? Chime in... read more
This is all from the Alliance's updates: Info 1: Enterprise Services Transformation was hit with colocation today. IBM decides where. 30 days to decide. Info 2: Co-Location has just hit Asset Management with everyone being told to report to one of... read more
The rumors of a major announcement today to include the end of co-location and Ginni's retirement at age 60 this summer were clearly bad rumors. I have been picking up bits and pieces of info about a new co-location announcement today for Enterprise... read more
What good is a manager who justifies their salary by cost-savings thanks to RA? Some of the earlier commenters have pointed to incompetence of line management as one reason for IBM woes. Given sizable population of line managers, it is long overdue... read more
Here is a reason why layoffs will only continue and why Ginni the Eagle is still not fired from IBM. Mark Fields (Ford CEO) who is on the IBM board does the same stuff (see link to article below). Brace for impact fellow IBMers, it is only going to... read more
is it true that a major announcement is planned for Tuesday? Rumors include the end of co-location and Ginni's retirement at age 60 this summer. Wishing for both!
Ginni the stock spy! "Buffett said IBM CEO Ginni Rometty "was out some weeks ago” to talk with Buffett about the matter after learning of his share sale through a private “stock watch” firm that Buffett seemed intrigued was able to spy on his selling... read more
Even IBM's own pension fund managers are selling-off IBM stock! Talk about lost confidence, geeeeeez. . . "International Business Machines’ pension fund recently took a merciless axe to its equities portfolio in the last quarter, and not even its... read more
I am in Watson Health. I have no inside knowledge, but, the climate is not what it was even a couple of months ago. It's as if we are waiting for the proverbial "shoe to drop".
Take a look at #6 on the list and be certain to expand the arrow next to the Total salary figure so you can see the breakdown. Then see how long before you vomit or commit an act violence. https://www.bloomberg.com/graphics/2017-highest-paid-ceos/
http://www.zdnet.com/article/what-went-wrong-at-ibm-its-master-plan-has-failed-to-deliver/ IBM had high expectations when Warren Buffett started buying its shares in 2011. But so far it has failed to deliver, and both turnover and profits are lower... read more
https://www.glassdoor.com/Reviews/Employee-Review-IBM-RVW15007926.htm?utm_source=company-follow&utm_medium=email&utm_campaign=company-follow-ri&utm_content=company-follow-ri-review-title May 10, 2017 IBM Logo "IBM only cares about the shareholder... read more
IBM needs to be saved again. Palmisano was lucky, he surfed the waves that Lou put in motion, then Ginni ran aground. Where's Lou?