Topics regarding layoffs at IBM

Topics regarding layoffs at IBM

On Public Cloud and IBM

Everyone knows IBM and public cloud don’t go together. Even IBM knows that Amazon/Microsoft/google have won that war. Look at Softlayer if you need anymore proof. IBM is trying to capture the space where they still hold sway. Mainframe. Nothing... — read more 

IBM is not run for the benefit of shareholders

This is widely believed, but not quite true. The massive amounts of spending on stock buybacks - money that was desperately need if the Cloud business was to have any chance of keeping pace - barely keeps the stock price stable. Existing shareholders... — read more 

What happened to IBM?

The company who proudly denounced layoffs for decades becomes the poster child for layoffs for as long as most IT workers have been alive. Do people still want to work at IBM? What does the company add to your resume and your career when you spend... — read more 

Does IBM Management Have A Clue?

We are hearing about the recent IBM layoff notice of ex-AT&T Employees outsourced to IBM exactly one year ago last August. Those of us still at AT&T can not fathom or wrap our head's around the folks IBM decided to release versus those they are... — read more 

Exit Detail: 401K matching

All, What is the consensus as to whether we are eligible for 401K matching, if we choose not to sign the separation agreement ?

$900M Charge = 20K laid off

At the typical IBM burden rate of $180k average per FTE (at least when I was still at IBM), this equates to 5,000 US employees if the charge for reductions is $900M for the year. Since this is a $900M charge for the quarter, multiply that by 4 to get... — read more 

This makes no sense

From where I sit, I see no coherent strategy at all. Due to the loss of skilled teams in this last RA move, we are paying over 37 million in penalties to drop 42 signed contracts (over 190 million in rev) that we no longer have the personnel to... — read more 

I guess layoffs are good for stock

As many now former IBM employees are trying to find a way to provide for themselves and their families because they have lost their livelihoods, shareholders are jumping for joy because layoffs have bumped the stock up. Sad and infuriating... — read more 

Did any country avoid layoffs?

From what I can see here, this truly was a worldwide cut. Is there any place around the globe where IBM didn't end up laying at least some people off?

IBM is discriminating older employees

IBM is a discriminating company. At the same time they RA older employees they are hiring summits. I think is great they are hiring people who just graduated college, they are the future. However, they should not RA amazing employees. This is... — read more 

Laptop restricted?

Anyone else on the list notice their laptop get locked down via an update 2 days before the notification?

"Severance Pay" verses "Legal Settlement"

IBM is very clever. Most people on this site think they are receiving "severance pay". IBM never ever uses that term, for good reason. If you are RA'd and elect to file for unemployment, be very careful when asked if you received severance pay... — read more 

Only 1 Month Severance?

Is it true that IBM only provides 1 month severance in this latest round of layoffs? If it is, then this is a new level of low.

Estimate: RA Size 5/2020

What's your estimate as it relates to the size of this RA? Felt like the biggest one so far (14 years with IBM)...

Did Canadian RA target 55+?

Not sure about other countries, but any Canadian who was RA'd, do you know if 55+ age group was targetted, as through personal conversations, that's what it sounds like.

IBM org/dept chart?

My team has changed names/departments/groups so many times, I don't know what's what. I'm trying to determine where my team is... (GTS/GBS???) does anyone have a chart/link somewhere? As far as I know, we weren't hit with RAs this round, but many... — read more 

IBM Latest RAs are nothing new...2015 I was hit

I was RA'd in 2015 (ie let go not for performance but because my group was sinking 35% YOY)....it was about a 25k layoff then mostly US citizens. IBM US worked head count was 120k then i was told so this is a huge drop and quite stunning to be at... — read more 

So done

I am one of the latest survivors. Am I happy? Am I ashamed? A little happy because I have some medical issues to resolve. I ashamed that others with greater skills than I will now be gone. I will get the medical out of the way. I will better my... — read more 

Some things will never change

Now that we know who's gone and who's here to stay - at least for this round - it's obvious once again that nepotism runs rampant at IBM. When people say nobody is safe from layoffs, I always have to laugh at how naive they sound. Maybe you and I... — read more 

Time for a shareholder referendum?

Current IBMer here, the RA was originally planned for Q1 longer before the pandemic started. After Arvind was announced and Q1 outlook worsened , I heard from pretty high up that he made the decision to hold off on the announcements at end of Q1... — read more 

Inside IBM’s Purge of Thousands of Workers Who Have One Thing in Common “Age discrimination is an open secret like s-xual harassment was".

https://www.motherjones.com/crime-justice/2018/03/ibm-propublica-gray-hairs-old-heads/ I am surprised how time and again this company gets away with laying off older workers. Please read the article in Full to understand the magnitude of the sham... — read more 

Who moved my cheese?

When I was laid off many years ago, my manager gave me the book, 'Who moved my cheese?' Her father gave it to her on her graduation day. He told her, "Read this every night, for 30 days, before you go to sleep." I did, and it changed my life. I... — read more 

Open Power Management deserves blame

It starts from the top. Executives made presentations about what the company needed to do to compete and then never followed through. Open Power was one big rats nest of a strategy. The teams developing IBM branded products were always at odds... — read more 

IBM OWBPA / RA May 2020

Has anyone asked for demographic info “required” under OWBPA (older workers benefit protection act)? https://blog.careerminds.com/the-older-workers-benefit-protection-act

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