Officials at technology giant IBM are closing their long-time office complex on Kettletown Road in Southbury, a spokesman has confirmed. IBM's Southbury office at 150 Kettletown Road will close on Jan. 26, Chris Mumma, a company spokesman said... — read more 

Does the company have any plans to use AI to upskill current employees in those sectors, or types of roles it’ll replace versus not? AK's response is some serious spin... — read more 

https://www.fool.com/investing/2023/12/05/if-you-invested-2000-in-ibm-in-2020-this-is-how-mu/ So, if you bought it in 2020, you are up. But if you bought it in 2013 then ??

Infrastructure got hit today, multiple sites. Happy Holidays everyone!

Given the recent uptick of people being put on PIP due to insufficient work(or lack of ), when should we expect the next round of layoff? Heck, even people with tones of experience are begging for an opportunity :... — read more 

Could this be a signal that all Power technology and patents will eventually be sold off by IBM to the Chinese, and all employees in Power will transition out of the... — read more 

It's apprehensive that a company once on the cutting edge of technology and so wired into the socioeconomic systems of the world now only pioneers in new ways to sc--w over their employees. The Executive suite is unconscionable and void of any soul... — read more 

She's putting herself in the news a lot lately. Clearly angling for a political position, so will be interesting to see which one she chooses. https://fortune.com/2023/11/21/ginni-rometty-generative-ai-skills-first-hiring/ By: Jane... — read more 

I know this new company match s$&ks for us all but take care of your retirement needs and just continue to put as much of your own money in 401K (or Roth 401K). Just friggin’ do it. No one else is gonna do it for you. So best thing to do I’d... — read more 

It's a copy-cat business. So no doubt soon to be implemented at other tech companies. https://fortune.com/2023/11/16/amazon-employees-return-office-mandate-promotions-blocked/ Amazon is growing increasingly stern with its return-to-office mandate... — read more 

I was offered a job, not a layoff. I am a past employee, out for about 4 years and got offered a US based job. Does IBM bridge my prior service or do I start at zero? I ask because of the new retirement plan which per benefits document says I need to... — read more 

https://www.theregister.com/2023/11/19/ibm_sales_veteran_healthcare_lawsuit/ Complaint alleges age discrimination harms certain retirees A former IBM enterprise salesperson has sued the mainframe titan claiming its recent healthcare benefit changes... — read more 

What are people’s thoughts of the environment, etc? I am brand new and not sure what to think still

https://www.msn.com/en-us/money/savingandinvesting/ibm-s-new-401-k-strategy-could-threaten-retirement-plans-for-its-workers/ar-AA1k9hkm While employees will lose out from this retirement benefit switcheroo, IBM should get a lovely boost to its cash... — read more 

when all of our benefits and 401K have been cut? Ohh, I know at some HR conference posting social media pictures on LinkedIn. You've lost the trust of all of us, Diane must be kicking herself, she never would of allowed so many employee benefits... — read more 

Are others noticing language like this in their sales organizations: A maximum of two days per week allowed for working from home, with a requirement of spending at least three days per week either on a customer site or in an IBM office?

The latest quarterly financial result seems like so.

Anyone have any information on if those who did not follow the RTO mandate will be laid off, and if so when this will happen?

Are rumors about more RAs before the end of the year true? I think the answer is no since I don't remember that IBM ever cut people right before the holidays, but I haven't been here long enough to be sure. Plus, we've lost too many people this year... — read more 

It was interesting sometimes in life when one is wishy washy to make up their mind, should they or should not they retire. One manager comes along and makes your work life so pain full that one just says I am done and getting out of here. However... — read more 

Has anyone in canada been told that they have to RTO? And if so did you move home for covid or have you been home long before covid? Thx

https://www.theregister.com/2023/11/02/ibm_401k_changes/ "Changes gone down about as well as a hard reboot on a production DB"

https://www.thelayoff.com/t/1pnNRDkR "Changes gone down about as well as a hard reboot on a production DB"

Wow, another great exec resigns. (CM). He built the business over the past 10+ years into a hugely profitable and growing business . How do you sc--w up a good executive or a growing business? Ask Sr Management who are internally focused and... — read more 

Starting January 1, 2024, IBM is changing how IBM provides retirement benefits to eligible employees. Instead of IBM making contributions to employees’ 401(k) accounts, IBM will provide a new benefit called the Retirement Benefit Account (RBA). Each... — read more 

I have been watching this site since April 2023. I started during the time all the major tech companies were laying of (Amazon, Facebook,Microsoft etc.). IBM layed off 3,900 in January but from April till now they haven't had a major layoff compared... — read more 

To reach its target for 2023, the company must now generate $5.4 billion in free cash flow in the fourth quarter, more than what it has picked up for the first nine months of this year. The most important point in the article. There is no... — read more 

TSS = -7% Power and storage = -6% Z = +9% IBM sooner or later has to admit they are just an Enterprise company

Sure would love to bet against this guy's play. . . [Only excerpted from the article the portion on IBM] https://www.barrons.com/articles/where-to-invest-100k-right-now-cc6d6361 Updated Oct 18, 2023, 1:00 pm EDT / Original Oct 13, 2023, 1:00 am... — read more 

The company has “been finding it very hard to [operate] as a US corporate in the data and technology space in China”, one of the people said. “It makes you wonder which other big tech companies are going to have to follow the same ... — read more 

My manager had a meeting that felt was a heads up about a negative remark he’d put in my annual review (which isn’t for a few months). I assume this meeting was to tell me I’d be marked as a low performer despite having been previously ranked... — read more 

Furthermore, IBM said it will trust AWS to upgrade its AI expertise by having AWS train over 10,000 workers within its consulting division. Getting the Consulting unit primed for the auction... — read more 

‘more and more people better jobs’ People? Get with the program, honey: people are being phased-out and replaced with "New Collar" AI bots. https://fortune.com/2023/10/11/former-ibm-ceo-skills-vs-degrees/ By: Kylie Robison October 11, 2023 at... — read more 

Especially if you are over a certain age.

Any upcoming hiring freeze?

IBM at no. 5?! What sort of criteria were used to assemble these rankings? IBM Amazon Apple Microsoft Google https://www.businessinsider.com/companies-it-tech-students-around-world-want-to-work-for-2023-10

Heard rumors that a big announcement is coming on Wednesday. Initially I thought it was just for our organization, but looks like Arvind has a call on that day. Any ideas of what is happening next week?

Have you noticed how we've taken a step back from relying on innovation these days? It's hard to wrap my mind around it, especially considering how instrumental innovation was in turning IBM into the company it is today. The most frustrating part is... — read more 

One of the first big companies to confirm that it will stop hiring for jobs that could be performed by an AI, IBM, has said that it doesn't intend to lay off any programmers as a result of the technology... — read more 

Sure AK, sure. . . https://fortune.com/2023/10/03/ibms-ceo-automate-repetitive-white-collar-job-not-cutting-workers/ By: Paolo Confino October 3, 2023 at 3:15 PM CDT The CEO of IBM, who has taken heat for suggesting many back-office tasks could be... — read more