Topics regarding layoffs at IBM

Topics regarding layoffs at IBM


This is the only way they know to make the stock price go up. Lay off loyal American workers and replace them with folks from India. Fire workers in their 50's, get new hires and classify it as "technical vitality". This year I was screwed again with... —  read more 

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Post ID:  @OP+1kXFXyrU

Glad I've BEEN outta there!!!

I got cut way back in 2007. Best thing that ever happened to me. I got 4 months severance, my pension that they still had at the time and a nice cut from the overtime lawsuit. Never looked back. Looser company!

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Post ID:  @OP+1kWtvZmm

Retiring end of March

After 22 years at IBM and another 19 years in various roles as an architect / developer / team leader as a customer and competitor, I decided to retire end of March. There were just too many things I no longer felt like tolerating anymore and I... —  read more 

Scope of layoffs

Don't get me wrong, I am not saying the number is low, however, I was surprised that the number of employees who will unfortunately lose their jobs is not much higher than 3,900. This sounds to me like it's just the beginning. I wonder what else... —  read more 

I don't care

Let me rephrase that, I don't give a flying fu-k about IBM and whether I'm going to be kicked out or not. I'm too old to worry about the things I can't change and I'm also experienced enough to know I'll be okay no matter what happens. I can find... —  read more 

Were you laid off? WARN Act

The WARN Act requires an employer to notify employees, in writing, 60 days before a layoff, and pay the employee for those 60 days, in addition to any severance the employee may be entitled to. Unfortunately, some employers attempt to circumvent the... —  read more 

Milk & Honey

ARMONK, N.Y., Jan. 25, 2023 /PRNewswire/ -- IBM (NYSE: IBM) today announced fourth-quarter 2022 earnings results. "Our solid fourth-quarter performance capped a year in which we grew revenue above our mid-single digit model. Clients in all... —  read more 

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Post ID:  @OP+1kRDlhi0

Earnings calls and RAs

How long do you think it will be between the earnings report and a RA announcement? The same day? A week? I highly doubt it will take longer than that. There was certainly enough hiring of younger employees in the last year or so who can be gotten... —  read more 

"We've weathered the storm..."

"When I talk to people and ask them about their business, they seem to think their business is OK," C***, now the vice chairman of IBM, told Yahoo Finance Live at the WEF this week. "So everyone here seems to think the other person has a problem. My... —  read more 

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Post ID:  @OP+1kKUeDsY

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