IBM Layoffs

Topics regarding layoffs at IBM

How IBM Is Investing in Human Capital

The caption across the bottom @4:27: "Rometty: Age is irrelevant when learning new skills." Oh Ginni, you still think you're fooling us? https://www.bloomberg.com/news/videos/2019-09-20/how-ibm-is-investing-in-human-capital-video Ginni... —  read more 

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Post ID: @1197AAPt

IBM Perks & Benefits

Insurance, Health & Wellness Health Insurance Dental Insurance Flexible Spending Account FSA Vision Insurance Health Savings Account HAS Life Insurance Supplemental Life Insurance Disability Insurance Occupational... —  read more 

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Post ID: @1193Czkr

Layoffs at 50 Year Low

Things are not as bad as some folks want you to believe. We haven't had a large RA in years. Just saying... I am not trying to minimize trouble that RA'd folks have to go through nowadays - I am merely saying that we are having less RAs if compared... —  read more 

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Post ID: @1188xCpr

53-qubit quantum computer

IBM continues to push its quantum computing efforts forward and today announced that it will soon make a 53-qubit quantum computer available to clients of its IBM Q Network. The new system, which is scheduled to go online in the middle of next... —  read more 

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Post ID: @117s0JHf

Lax oversight of state's $58M IBM deal, audit finds

More accounting shadiness with a sweetheart deal between IBM and state entity. I'm sure no one will be reprimanded for it. https://www.timesunion.com/news/article/Lax-oversight-of-state-s-58M-deal-IBM-audit-14446462.php

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Post ID: @116Onj5X

New Z15 Mainframe

https://fuse.wikichip.org/news/2659/ibm-introduces-next-gen-z-mainframe-the-z15-wider-cores-more-cores-more-cache-still-5-2-ghz/

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Post ID: @113nvjce

Same people posting all the time? Not exactly.

IBM chopped 100,000 people who then told another 100,000 people ... This post made me think. That's 100,000 people, who, at various times in their careers, were supremely dedicated to making IBM successful. As markets changed, IBM's response... —  read more 

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Post ID: @111XTyax

Is there any growth at IBM?

I keep hearing that GBS is growing. Can someone confirm this is true and not IBM financial wizardry? I’m in GBS and I see a huge bench with layoff rumblings, but the spin from leadership is that there is growth. I’m trying to figure out where this... —  read more 

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Post ID: @110cenFK

14 years

Been with the company for 14 years. Always great reviews (but no raises of course), 48 yrs old and got RA'd with the standard 3 months 1 month sev. Told we can look within IBM but was also told there's a hiring freeze for everyone that got RA'd. How... —  read more 

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Post ID: @10XJoNv3

The Same Posters...

This forum is a literal cesspool of the same 3-5 posters who post the same unrelated trash over and over again. IBM is not a amazing company and has a lot of faults, especially with age discrimination being a big one. but some of you are so bitter... —  read more 

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Post ID: @10WQviid

IBM Age Discrimination Case Heads To Court

https://www.wbur.org/hereandnow/2019/09/03/age-discrimination-ibm-lawsuit? A case in which IBM is being accused of age discrimination is heading to a Texas courtroom Wednesday. It is one of a number of similar cases against the IT company... —  read more 

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Post ID: @10Tqcv25

IBM’s HPC Dreams are Tattered

Knowledgeable HPC customers and observers know that losing the latest DOE deals was a significant setback for IBM. This can’t be glossed over. They also know that IBM’s Power-based systems aren’t setting the HPC world on fire. But company... —  read more 

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Post ID: @10R5u5KS

IBM could have "owned" everything Cloud

IBM could have "owned" everything regarding Cloud or anything else for that matter... But (over 10 years) they chose to chase $25 earnings per share with declining revenue. They chose to buy back stock with declining revenue. They... —  read more 

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Post ID: @10PDaoL7

RA rumblings for September?

4 September being mentioned: https://example.com/yyc627tc (See the comment from 8/31 which is also shilling for an employment attorney) Anyone else hearing anything or can corroborate the poster's comments?

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Post ID: @10PuLdu7

IBM Layoff Package

Hello - I do not work for IBM but I am gathering info on different types of Severance Packages large companies offer nowadays. If someone feels comfortable with sharing this info, please reply to this thread. Thanks!

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Post ID: @10NvgCWP

Cut on 401k company matching percentage at IBM

I am hearing contrary information that some business units within IBM are getting 3% company match and some business units are getting 6% company match for 401k? What is the truth? What is real 401k company percent match people are getting in... —  read more 

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Post ID: @10L65zea

Red Hat purchase

Make no mistake the Red Hat purchase is a Hail Mary play to mask the steady and consistent failure to manage strategic choices effectively by the Board's choice of CEO. The goal "then" was to reinvent the company into high margin high growth... —  read more 

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Post ID: @10KcHogN

When will Ginni Rometty be FORCED TO RETIRE

IBM Senior Executives are supposed to retire/leave at age 60. Ginni is there and IBM needs her gone. IBM needs some young new blood in the Senior Executive levels and the current wave of Senior Executives jumping from the sinking ship, IBM, proves... —  read more 

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Post ID: @10GcQJwX

IBM Stock and Jim Whitehurst’s Toughest Test

But IBM has spent decades getting to this low point, dumping older workers and paying those who remain less than competitors. https://investorplace.com/2019/08/ibm-stock-and-jim-whitehursts-toughest-test/

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Post ID: @10G2Y38i

Any news on layoffs?

I hear that GBS is planning layoffs in the UK beginning q4. Anyone have info about other geographies?

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Post ID: @10EEtjyM

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