Has anyone heard about Q3 layoffs? My team has been hit by so many budget cuts that we couldn’t have the resources to achieve our goals. I’m concerned.
Topics regarding layoffs at IBM
A small measure of justice. https://www.businesswire.com/news/home/20191114005740/en/Whitfield-Bryson-Mason-LLP-Wins-Major-Victory
Seems like an interesting method to assist in identifying folks for the headsman's axe. https://www.extremetech.com/computing/301863-ibm-our-mac-using-employees-outperform-windows-users-in-every-way
Our department recently found motion sensors placed under our desks to presumably track how long we are spending in the office and at our desks. Has anyone else found these?
"I am worried this digital era will not be inclusive if we don't make it inclusive, so it means widening who you can hire," she said during her keynote at IBM's Cloud Innovation Exchange in Sydney on Tuesday. Maybe IBM can even... — read more
'I don't think IBM and Oracle will get that much bigger' Indeed, I'm sure we will get smaller, much smaller. https://www.businessinsider.com/ibm-oracle-amazon-forrester-report-2019-11
https://seekingalpha.com/news/3518119-ibm-adding-axa-ceo-board I wonder why it’s taking him 6 months to come on board. IBM needs more help ASAP not 6 months from now
RAs in IBM Research as soon as Friday November 8 2019. Just rumors and whispers so far. Hopefully won't happen, but here is a placeholder thread just in case. Can anyone confirm hearing anything?
"Lee said he's been taking depositions for another IBM case in San Francisco in which he interviewed the head of IBM's commissions program. After asking her about the capping of commissions, he said, "I asked her whether employees could trust IBM... — read more
They just keep coming. . . https://www.theregister.co.uk/2019/11/05/ibm_sued_unlawful_sales_commission_tactics/
What will Big Bleu do to counteract this impact to what has so far been their consistent stream of indentured servants? https://insights.dice.com/2019/11/04/ibm-h-1b-petitions-trump-restrictions/
More B.S. regarding the investment in re-training, etc. https://www.bloomberg.com/news/videos/2019-11-01/ai-s-impact-will-extend-to-100-of-jobs-ibm-video IBM Vice President of People and Culture Obed Louissaint discusses results of the MIT-IBM... — read more
So as a recent acquistion of IBM that was slotted into GTS, I received the notice that having missed our targets there would be no bonus for the quarter and it made me curious how frequently this has occurred to GTS in the recent past? How often are... — read more
And so it begins. Red Hat Culture is being destroyed from within. Leadership roles are being filled with yes people & top down managers from EMC, Net App, Cisco, HP, etc. The true Red Hatters who had been responsible for what IBM wanted, are... — read more
as much work as possible is going off shore for all areas of the business. RAs are happening for xmas holiday season and into 1st qtr 2020. Division mgmt is a joke, they make these terrible deals to get a foot hold, loose millions on millions and... — read more
"The tech company is looking for different ways to fill “new-collar” jobs in its 360,000-employee workforce by adding digital badges and apprenticeships and deepening partnerships with community... — read more
https://www.bloomberg.com/news/articles/2019-10-23/microsoft-sales-profit-top-estimates-on-cloud-azure-slows Microsoft is also starting from a much larger cloud base, and IBM's "cloud" number includes a bunch of legacy software that has nothing to... — read more
All she did was announce losses - so, is it time for her to go? Long overdue?
$34B well spent! https://www.barrons.com/articles/ibm-stock-downgrade-neutral-legacy-businesses-red-hat-51571668644 IBM stock was falling Monday morning after an analyst at UBS said he sees less upside for the stock. The back story. IBM... — read more
We'll continue to try to shrink to profitability. Something that nobody pulled off before.
Can you say IBM? https://dilbert.com/strip/2019-10-13
IBM board members are you honestly paying attention? Even Wall Street isn’t buying what Ginni is selling https://seekingalpha.com/news/3507283-ibm-minus-1_8-percent-ubs-hits-sidelines
https://www.theregister.co.uk/2019/10/17/ibm_q3_2019_financials/ Fantastic quarter: Sales, down. Profit, down. Business as usual
Last 2 paragraphs Others bankrolling Lee’s S. 386 are the outsourcing lobby, like Cognizant and the IBM Corporation. Cognizant and IBM have a total of seven lobbyists pushing the legislation. IBM and Cognizant are set to gain hugely from S. 386, as... — read more
_He said the company’s outsourcing business—“Global Technology Services”—missed internal expectations for the quarter due to lower client business volumes in the United Kingdom and Germany._ So we know the unit that will be targeted for the majority... — read more
As goes revenue, so goes headcount: (3.9%) YTY so we should expect the commensurate amount of headcount reduction, but undoubtedly Ginni will just make it a nice round 5% as the math is easier for the bean counters to... — read more
The Fast Money traders discuss IBM's decline in revenue. It's the fifth miss in a row, and it speaks to the broader story for IBM. https://apple.news/AFtPME0cAQi-JgI63sHCdMg
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
IBM must produce documents said to show company scheme to lay off older workers By Marjorie Johnson, J.D. The company argued that discovery should be limited to the RIF group that included the employee, but he claimed that the RIF group was a... — read more
Another one dives overboard. https://www.newsobserver.com/news/business/article236001743.html
This is per Business Insider, coverage of "World’s Most Attractive Employers 2019" (WMAE 2019) Source Study: https://universumglobal.com/wmae-2019/ PDF File: https://storage.pardot.com/13732/214935/WMAE_2019_ebook.pdf Universum, a research... — read more
Abandon ship! https://www.crn.com/news/red-hat-kubernetes-kingpin-grant-shipley-jumps-ship-to-vmware
If IBM bombs again with its earnings even after acquiring Red Hat, that should be a clear sign to the Board that Ginni needs to be kicked to the curb as CEO, President and Chairman! She's too stingy to give the former CEO from Red Hat, Jim... — read more
IBM at #5? Seriously!?!? Big Bleu's P.R. machine must be working overtime to spread utopian stories of life at IBM to these naive Gen Z and Millenials... — read more
What about IBM using A.I. to find jobs for older, current employees as opposed to RA'g them? https://www.cnbc.com/2019/10/03/why-ibm-is-using-ai-to-find-jobs-for-people-without-college-degree.html