Nobody knows when layoffs will happen, but the overall number of employees should be public info. Do you know how many people work at the company? How about the office at Armonk?
Topics regarding layoffs at IBM
It's good to talk: Union says IBM failed to consult system support techies as Scottish Power contract nears end TUPE or not TUPE? That is the question. Unison calls on lawyers ahead of 30 June D-Day... — read more
Anti-bias rules. Except if you're over 40, then they'll be targeting rules. . . https://www.cnbc.com/2020/01/22/ibm-ceo-ginni-rometty-calls-for-precision-regulation-on-ai.html
https://newsroom.ibm.com/davos?item=31555 Ginni spouting on "New Collar" and related – @7:57 – 13:45. Ginni on difficult decisions in stakeholder capitalism – 24:07 – 26:00. Ginni on corporate ethical behavior – 26:50 – 30:00. Ginni on... — read more
https://www.barrons.com/articles/ibms-strong-earnings-has-people-excited-but-the-company-hasnt-turned-the-corner-yet-51579719488 One quarter does not a turnaround make. International Business Machines (ticker: IBM) shareholders are hoping the... — read more
https://www.barrons.com/articles/ibm-stock-gain-earnings-51579733460 IBM stock had a nice day Wednesday, rallying more than 3% after the company posted better-than-expected fourth-quarter results. Earnings beat Street estimates by two cents a... — read more
Another one jumps ship! https://www.cnbc.com/2020/01/21/jpmorgan-hires-ibm-master-inventor-marco-pistoia.html
Lots of "adjusted for currency", "adjusted for divested businesses", "normalized for historical comparability", "non-GAAP operating results" combined with a favorable year over year quarterly compare and growth numbers for made-up discretionary... — read more
An interesting article. https://www.cnn.com/2020/01/20/investing/ibm-earnings-preview/index.html
Analysis of compensation, level, and experience details of 19k tech workers https://huyenchip.com/2020/01/18/tech-workers-19k-compensation-details.html
Badly miss on revenue, meet on EPS.
What are your thoughts from the IBM perspective?
Another analyst downgrade, this time by Morgan Stanley. 4Q19 Results are going to be so c-appy, brace yourselves for the fallout https://www.thestreet.com/investing/ibm-stumbles-again-following-second-downgrade-in-a-week
These poor b–tards believe turning control over to Big Blew will help? https://www.cityam.com/ibm-takes-control-of-tsbs-it-after-digital-meltdown/
4Q19 Results are not going to be bad. https://www.barrons.com/articles/ibm-stock-revenue-estimates-too-high-in-the-face-of-macro-headwinds-51578929326 International Business Machines stock is trading modestly lower Monday after an analyst... — read more
I.P. Watson, blockchain, CAMSS, etc. Long live Quantum! Can we get some odds on if IBM will screw the pooch on dominating in this space if they do happen to be first to... — read more
So hoping that this case goes to trial. https://www.theregister.co.uk/2020/01/10/ibm_age_case/
Is Bench Management still in place in Services (GBS, GTS)? I remember this started in summer ‘18. Landed on the bench for the first time in 4 years. Just wondering how long I have.
Articles on Asia Pacific Executives leaving and the U.S. CCO's... — read more
Watch the video linked in the post. Many of the comments in the post and directly at the video link are priceless. https://www.facebook.com/alliancemember/posts/1570899146381397
I'm talking specifically about software engineers.
International Business Machines Corp. plans to boost its 2020 cybersecurity spending by “double- digit percentage points” from the previous year, said CIO Fletcher Previn, declining to provide more details. From where is all this newfound... — read more
IBM shares have appreciated about 18% in 2019, well below the nearly 48% return for the average tech stock in the S&P 500, and the roughly 30% gain for the Dow Jones Industrial Average. Up about $21 this year, IBM accounts for about 3% of... — read more
I have a feeling that's what everybody in charge is convinced is true and are making their decisions accordingly. I'm personally not so sure...
If anyone has intel on possible divestitures, acquisitions, or layoffs please share. Otherwise let’s speculate about what could happen.
Business Integration: Very poor integration of the businesses that were acquired to form Watson Health. Business Knowledge: Not sure IBM executives truly understand health care. Bureaucracy: IBM is extremely bureaucratic, far worse than any... — read more
Last 30 days: IBM Employee Complaints - 30 Day Summary - Nov 15 to Dec 15 2019 (source below) There is about 50 feedback points here, all taken from the link below. I've filtered out everything prior to Nov 15, the last entry was on Dec... — read more
China has long sought to wean itself off of American technology, including servers, operating systems, and chips made by U.S. companies such as International Business Machines Corp., Microsoft Corp. and Intel Corp. Still, this fresh... — read more
Tied for 6th place?!? How is Big Blew even sniffing the Top 10, let alone within it? Has to be the most flawed methodology or perhaps the Drucker Institute is using Watson, which would certainly explain such a skewed... — read more
https://finance.yahoo.com/news/ibm-ibm-stock-sinks-market-224510461.html IBM (IBM) closed the most recent trading day at $134.13, moving -0.06% from the previous trading session. This change lagged the S&P 500's 0.72% gain on the day. Elsewhere... — read more
Reference customers for IBM flag customer satisfaction and customer experience as concerns. These concerns often relate to, among other things, ease of deployment, service and support, performance and scalability, quality of documentation and... — read more
To continue to exist, has there been any announcement of reorgs with Systems group - Servers & Storage?
How often do they happen? Any chance they have a heart and won't do anything like that before January?
AT&T Outsourced it’s Tech Dev departmental to IBM and the Employee’s were given a 1 year contract. I am wondering if IBM will extend our contract. AT&T paid their employees good money and I know IBM will probably cut our salary. Was wondering if we... — read more
Anyone surprised? https://thelogic.co/news/exclusive/ibm-is-trying-to-block-a-large-group-of-ottawa-workers-from-unionizing-within-the-company/ IBM is trying to block a large group of Ottawa workers providing information technology services to... — read more
Hoping someone on the site can provide informed insight pls?. Having been tuped into IBM this year and agreed terms to retain an enhanced redundancy package here in the UK. Will IBM have to honour these terms indefinitely OR are there any examples... — read more
And heard same heading to Germany and US . Has anyone has any detail about it . Sad news though
https://www.theregister.co.uk/2019/10/17/ibm_q3_2019_financials/?fbclid=IwAR1mtYaMUe_C75SfhOVpBVVOd_7lyZ54qkIaV6MujBUkkkyvsyhW71C0f24 IBM: Why yes, Red Hat is doing great. Thanks for asking. The rest of Big Blue? Sure, wait – someone's at the... — read more