Will the Trump administration do anything to stop companies like IBM from moving US jobs to India?
Can pensions disappear like insurance claims get denied?
Google News is bumping up this article today, treating it as new: https://timesofindia.indiatimes.com/technology/tech-news/why-ibm-is-paying-2-7-billion-to-this-us-based-insurance-company/articleshow/113293274.cms
Software Executive RAs
After being at IBM for almost 2 decades for the first time I am hearing of executive RAs in Software after the Dinesh announced reorg. Both VPs and Directors are falling under the RA hatchet. There are still way more SVPs and VPs that should... — read more
How many IBM Fellows have been laid off before?
Anyone has any idea?
Anyone know the cloud cuts?
Hearing HR scrambling to increase the quota's for needs growth and PIP's to be able to let people go. Are the Cloud numbers next week really that bad? Get rid of as many people as possible?
Feb 6 Rumours?
Any rumours about Feb 6 IBM Canada Layoffs?
New Year, New Career
Yes , "New Year, New Career" was the subject of the email after I laid off by IBM but the craziness doesn't stop there. They still continue to send ridiculous unwanted emails to my personal email like the one below : "2024 was a year of many... — read more
25% of Finance
I heard talk that there will be a 25% reduction in Finance roles. Anyone else hear the same?
IBM hiring insanely in India
Geeee, wonder how AK will decide to offset these massive new hires in India??? https://www.reddit.com/r/IBM/comments/1hzlkvi/ibm_hiring_insanely_in_india/
Meta is cutting it workforce by 5% and other tech companies are also doing the same...
Is Alvind going to pull the trigger first ? can he provide a firm date the first targets ? Is IBM going to abandon DEI and ESG in 2025 since Agent Orange arrives next week ?... — read more
CIO colocation layoffs March 10th
The ax just came down to what few people remain WFH due to closed offices to have to go into the office 3 days a week. I'm off to get my resume in order and start applying. They are literally shooting themselves in the foot with some financial... — read more
Christmas party 2024
Group Christmas party was the norm at IBM when I worked there. People would bring in food and management covered the main course. Does this still occur?
Laid off today
26 yrs service, always top performer, had just informed manager was retiring at the end of the year the week before. Really happy to be out but sad they didn't have the decency to let me go end of year. Like that really saved them $. They're going to... — read more
"As global tech layoffs make headlines, IBM is charting a different path in India"
Published 5 hours ago: https://economictimes.indiatimes.com/news/morning-brief-podcast/morning-brief-podcast-corner-office-conversation-with-sandip-pate-md-ibm-india-and-south-asia/podcast/117101844.cms "As global tech layoffs make headlines, IBM... — read more
"Big Blue remains a top beneficiary of the program, receiving the 10th-most nationally, despite recently conducting layoffs."
https://www.newsobserver.com/news/business/article298237723.html One of the top recipients of H-1B visas in North Carolina is IBM. In an email last year, the company said it had been “scaling back” its use of the program. But Big Blue remains a top... — read more
90 hours a week! Hard to compete with THAT!
After Narayana Murthy’s 70-hour work week, L&T Chief pushes for 90-hour weeks; faces... — read more
IBM and PIPs in the news today
https://www.newsmax.com/platinum/employment-pip-jobs/2025/01/07/id/1194224/
How's that Return To The Office Working for You ?
Is IBM management still checking the badge readers for reports on who is coming into the office ? Employees are smart enough to come in one door with a badge reader and exit out of another door which doesn't have a badge reader. LOL ! Seen a few... — read more
Which companies have the most H1B visas ?
https://www.msn.com/en-us/money/companies/which-companies-have-the-most-employees-on-h-1b-visas/ar-AA1wM59i?ocid=msedgntp&pc=W099&cvid=5d8b8a977bce40fbb896630432a823d1&ei=25 Below is the list : Amazon. The e-commerce company had the most... — read more
Endicott issues statement on IBM lawsuit
https://www.yahoo.com/news/endicott-issues-statement-ibm-lawsuit-220617595.html
Inspur on the DoD's latest "Chinese Military Companies"
Maybe at his next Office Hours someone can ask AK why IBM is still partnering with Inspur when the U.S. DoD has them on the current list of Chinese Military Companies? He shuts down the Research and Systems labs last year but this partnership... — read more
“My ex worked for IBM and they would send employees to India to train their replacements,” revealed one X user.
https://economictimes.indiatimes.com/magazines/panache/american-man-reveals-indian-ceo-took-over-a-firm-booted-out-founders-hired-indians-post-goes-viral-amid-h1b-visa-debate/articleshow/116730663.cms?from=mdr
Demolition of IBM building begins
An apt metaphor for the company itself: condemned for 20 years and now finally being demolished. https://www.binghamtonhomepage.com/broome-county/demolition-of-ibm-building-begins/
T&O all hands
Anyone watching? So inspiring watching one SVP interview another one. I can feel the innovation happening as I watch.
"Last year, IBM scaled down its R&D operations in China, joining a long list of global tech firms that have trimmed their mainland businesses"
https://www.scmp.com/tech/big-tech/article/3293292/chinese-state-owned-ai-firm-hires-former-ibm-executive-chief-technology-officer "AI" is just a buzzword that means anything now, in this case spying on tenants
54 yo Male, is it too late to restart?
I was at the top of my game. Had a great aIT job with great pay and I got laid off 6 years ago. Depression and sickness followed by more depression is how I spent the past six years. What can I do now? Six years is eternity when you have been out... — read more
IBM trains them for BRICS
https://www.ceoinsightsasia.com/news/stateowned-ai-firm-bedi-appoints-former-ibm-executive-xie-dong-as-cto-nwid-13146.html
Wondering ?
What percentage of IBMers invest in IBM stock?
IBM to take $2.7 bln charge related to transfer of pension obligations
IBM said on Wednesday it expects a pre-tax charge of nearly $2.7 billion in the third quarter, related to a transaction involving the transfer of some of its pension plan obligations to a unit of Prudential Financial. Under the deal, nearly $6... — read more
Any rumors, or we are waiting till Jan 29th?
I mean, there’s not much left to do except more layoffs.
Musk, Ramaswamy defend Silicon Valley’s foreign-born hires
https://thehill.com/policy/technology/5056699-elon-musk-vivek-ramaswamy-immigration/
RA Letters going out today?
I understand that lay-off letters are going out in the USA today? any confirmations?
"IBM has initiated another round of layoffs, with a focus on senior-level programmers and staff."
December 20, 2024 https://stlawyers.ca/blog-news/layoffs-in-canada/
Merry Christmas
Laid off in Q1. 2000 job applications later, I still have not replaced my job. Guess I will start driving Uber now. Thanks Arvind!!!!
Gerstner was singularly responsible for laying off over 100,000 employees after being appointed IBM’s CEO in 1993
"His successes aside, Gerstner was singularly responsible for laying off over 100,000 employees after being appointed IBM’s CEO in 1993" https://www.deccanherald.com/opinion/social-costs-in-the-age-of-automation-3318113
IBM lies about the number of layoffs in Tech Layoffs list
Take a good look at the IBM numbers on this list ...fewer layoff announcements from IBM make it seem that the company is laying off less people than it actually did in 2024 ! But the truth will come out eventually....it always does, even if you try... — read more
AK One of the Keynote Speakers at SXSW 2025
https://www.sxsw.com/news/2024/keynote-arvind-krishna-and-more-featured-speakers-sxsw-2025-conference/ https://schedule.sxsw.com/2025/events/PP1146918
Loaded with "ready to retire 20 to 30 year employees"
The worst place ever to work. Loaded with "ready to retire 20 to 30 year employees" who are too afraid to rock the boat in fear of losing there pension. If you are starting off your tech career, move on to other companies. IBM has permanent lay... — read more
How many people who were put on PIP actually deserved it?
From where I’m standing, I’d say none at all.