Acquisitions, layoffs, acquisitions, layoffs, cuts, cuts, acquisitions, jumping from workforce to workforce across the globe, more layoffs. The point of it all - bonuses for the mgmt, buybacks, more bonuses, more money for shareholders, more shares... — read more
How many layoffs will have to happen to pay for this?
IBM Nears Deal To Buy Software Company Apptio For $5 Billion International Business Machines Co. (NYSE: IBM) is nearing a deal for the acquisition of Apptio Inc., a cloud-based business software company, for about $5 billion, the Wall Street... — read more
Head of HR - NL is not an employee advocate and violating ethics.
Not helpful, cut our benefits while using company travel expense for HR Conferences that are self-serving and a ethics violation of our T&E Policy.
IBM RA tsunami to hit Eastern Europe
http://rsuibmsegrate.altervista.org/20240208.pdf It has been officially confirmed that a Resource Action (RA) will be implemented worldwide in early 2024, which will impact Europe more significantly than in 2023. Around 80% of the current reduction... — read more
RTO for non-manager...
Still so much confusion about RTO for non-managers... The CEO clearly stated that RTO is for Execs and Managers only... yet, the lower management ranks, VP and under still claim that RTO is also for employees that are within 50-miles from an IBM... — read more
Some analysts seem to have faith in IBM
Where Will IBM Stock Be in 5 Years? IBM has prioritized capitalizing on the growth of the worldwide hybrid cloud computing market. The company’s new business model is monetizing every aspect of what customers need once they adopt an IBM cloud... — read more
MCC MASS LAYOFFS COMING
If you are in the marketing and communications organization at IBM please start polishing your resumes and reaching out to your connections. IBM is going to do mass role terminations and hire low-cost talent in Bucharest, Bratislava, bogota, and... — read more
IBM paradox in a nutshell
It's a paradox: on one hand, there's outstanding research and patent achievements, yet on the other, a struggle to remain contemporary and impactful. After spending years in Silicon Valley, I joined this company, anticipating insights into the... — read more
RA in the pipeline
Talking to some manager and directors recently. There are RAs in the pipeline in T&O from what it sounds like. Probably the larger CIO org. Do with that what you will
Annual UK redundancy round begins....
What's that, like 4 years in a row now?
Parents rip NYC over remote learning failures during winter storm as DOE puts blame on IBM: ‘Disappointed, frustrated and angry’
Schools Chancellor David Banks pointed the finger at IBM for the remote learning meltdown, insisting the DOE’s internal team had “checked all the boxes.” “IBM was not ready for primetime,” Banks told reporters at a City Hall... — read more
100 Years Ago, IBM Was Born
Cheers to all before us and all of us today!
PIP and Severance package
Anyone in consulting can explain if being fired after put in PIP for utilization (there are no contracts thus no chargable hours) gets you a severance package. Also are you fired the last day of the PIP or given a couple of weeks. I'm not yet in PIP... — read more
RTO / SEPARATION OPTIONS?
Has anyone seen exactly what the separation package is? Previous packages have been three months' pay, one month's pay, and way back - a month for every year. How are employees supposed to make such huge decisions without any information on what... — read more
Pension Stripping Threatens America’s Retirees
Always remember that any moves IBM makes w.r.t. employee benefits is always to advantage them and disadvantage the employee. Always. https://www.nextavenue.org/pension-stripping-threatens-americas-retirees/
IBM losing Clients faster than signing new ones
I have noticed lately that at least in the area I work, ibm consulting us public sector, that we are losing clients faster than signing on new clients. Anyone noticing this in other departments/divisions of ibm?
Checkpoint time—is being marked a low performer a set up to be fired?
I recently had my checkpoint with my boss. I was left in shock as I have never had such a poor review; I was marked a low performer. I didn’t see this coming, and I honestly feel like my work and dedication don’t make sense to the scoring and... — read more
F&O layoffs in US?
Rumor has it there are significant cuts coming to F&O in US. High percentages were thrown around, but that may be specific on individual teams. Anyone has more details? Will they be focusing on people who are far away from the offices? Will it be... — read more
IBM is the leader in AI-related patents
IBM — not Microsoft, Google or OpenAI — tops the list of firms with the most AI-related U.S. patent applications over the last five years, according to research shared first with Axios. Why it matters: While patents are just one indicator of... — read more
IBM has peaked
Isn't it sad to know that the company you work for peaked decades ago and it's only downhill from this point on? I have to say, I envy those of you who worked at IBM when it was at its full strength. I heard great things about those times from older... — read more
Power cloud news
https://www.theregister.com/2024/01/25/ibm_cloud_toronto_migration/
SAP and IBM under scanner of Indian investigative agency for Air India deal
India’s premier investigating agency, the Central Bureau of Investigation (CBI), has filed a charge sheet against former Air India Chief Managing Director, SAP India, and IBM India for alleged irregularities in acquiring an ERP solution by Air India... — read more
Lay off during maternity leave
Anyone has experience to share?
Can Somebody Explain National Market and Why Rob Thomas is Getting Flac for Layoffs?
I'm not denying these claims, but I feel I don't understand them. What happened?
AI too costly to replace humans
With AI replacement becoming the excuse No.1 for so many layoffs recently, it is illuminating to look at the results of the recent Stanford Study. It showed that AI may prove more expensive than human workers for years, maybe decades, to come. If... — read more
RTO and activist investors
I know most employees dont care about activist investors, but that is the real source of the RTO mess. For years IBM hasnt returned the best stock results. Its not a secret, IBM hired expensive consultants to find ways to defend against activists... — read more
I would make them fire me
I'm not a manager, but this ultimatum of "come into the office or leave" is ridiculous. I would not comply and I would most certainly not leave. They can either lay you off (in which case you get severance) or fire you (not as good but at least you... — read more
Some people get it
Why bosses forcing workers to return to the office is a mistake—and what to do instead Donald Knight, chief people officer at Greenhouse argues that forcing workers back into the office is harmful to a company culture and its bottom line... — read more
What’s this wiggling with the RTO mandate?
Just a way to still make people leave on their own?
Arvind Krishna Past IBM CEO Traditional Retirement Age
IBM's traditional retirement age of their CEOs and chairpeople has been 60 in the past, and Arvind is 62. How long do you think he has?
Unionizing if Layoffs Continue
If layoffs keep continuing, IBM employees should begin unionization efforts or threaten to do so.
RTO slight retraction Rumor
I heard a rumor that the RTO ultimatum has been rolled back to "Encourage rto if within 50 miles of an office, but not required. Adding that they instead want people to meet up with other IBM'ers 12 times a month, which can be lunch, coffee, happy... — read more
RTO
What’s the point of mandating executives and managers to RTO if the teams they manage don’t need to do the same? Obviously this is a ploy to reduce managerial headcount without having to pay severance costs…anyone with half a brain can see this for... — read more
Scope of yesterday’s layoffs?
I am hearing the National Market was hit hard. Any other areas? Is this just the beginning? If you have been affected, pls post which BU.
RTO ultimatum to managers
“International Business Machines Corp. delivered a companywide ultimatum to managers who are still working remotely: move near an office or leave the... — read more
Layoff
They layoff two of my coworkers today. Don’t know what that means , but hopefully I’m not next
Citi card?
Hi - has anyone applied for the citi card in canada and have you received it yet? I have not. Trying to determine if that means I'm on a list ;)
Latest earnings any reason to gloat?
Saw the recent earnings announcement. While they are somewhat respectable, are they really anything for the IBM executives to be gloating over? When they mention layoffs, it kind of ki-ls the excitement for us ground troops.
Remote Workers Bear the Brunt When Layoffs Hit
For those who are wondering who's going to be targeted in the upcoming RA, now you know. https://www.wsj.com/lifestyle/careers/layoffs-remote-work-data-980ed59d By: Te-Ping Chen Jan. 26, 2024 5:30 am ET Laying off employees is complicated. New... — read more