IBM has pushed all of their chips to the middle of the table. 3rd Q was a disaster from any point of view that you wish to take. (revenue,profit, Redhat, strategic, cloud, etc etc). IBM is betting the farm on Z15 in 4th Q. There is... — read more
Topics regarding layoffs at IBM
There are others with less stellar records that might start to feel the heat. IBM (IBM) has earned investors almost nothing over the past five years, while the Dow Jones Industrial Average is up about 12% a year on average over the same... — read more
This is an interesting article suggesting most of the Legacy HW makers (IBM, Cisco, HPE, HP, Xerox, Oracle) are ripe for restructure due to technology passing them by. What is interesting is they suggest IBM MAY surpass Google in the cloud via... — read more
https://www.theregister.co.uk/2019/01/18/ibm_government_lying_claims/ A former senior executive at IBM has claimed she was ordered to lie to the US government about just how many older workers Big Blue was laying off. And she says she was fired... — read more
https://www.theregister.co.uk/2019/09/23/ginni_rometty_ibm_email_age_discrimination/ Big Blue on blast for trying to wriggle out of revealing Operation Baccarat blueprints IBM was ordered late on Friday to produce communications from CEO Ginni... — read more
RAs in IBM Research as soon as Friday November 8 2019. Just rumors and whispers so far. Hopefully won't happen, but here is a placeholder thread just in case. Can anyone confirm hearing anything?
Nothing works without this.
Seems like an interesting method to assist in identifying folks for the headsman's axe. https://www.extremetech.com/computing/301863-ibm-our-mac-using-employees-outperform-windows-users-in-every-way
IBM Senior Executives are supposed to retire/leave at age 60. Ginni is there and IBM needs her gone. IBM needs some young new blood in the Senior Executive levels and the current wave of Senior Executives jumping from the sinking ship, IBM, proves... — read more
"Lee said he's been taking depositions for another IBM case in San Francisco in which he interviewed the head of IBM's commissions program. After asking her about the capping of commissions, he said, "I asked her whether employees could trust IBM... — read more
A small measure of justice. https://www.businesswire.com/news/home/20191114005740/en/Whitfield-Bryson-Mason-LLP-Wins-Major-Victory
'I don't think IBM and Oracle will get that much bigger' Indeed, I'm sure we will get smaller, much smaller. https://www.businessinsider.com/ibm-oracle-amazon-forrester-report-2019-11
Our department recently found motion sensors placed under our desks to presumably track how long we are spending in the office and at our desks. Has anyone else found these?
Hello - I do not work for IBM but I am gathering info on different types of Severance Packages large companies offer nowadays. If someone feels comfortable with sharing this info, please reply to this thread. Thanks!
Has anyone heard about Q3 layoffs? My team has been hit by so many budget cuts that we couldn’t have the resources to achieve our goals. I’m concerned.
"I am worried this digital era will not be inclusive if we don't make it inclusive, so it means widening who you can hire," she said during her keynote at IBM's Cloud Innovation Exchange in Sydney on Tuesday. Maybe IBM can even... — read more
https://seekingalpha.com/news/3518119-ibm-adding-axa-ceo-board I wonder why it’s taking him 6 months to come on board. IBM needs more help ASAP not 6 months from now
All she did was announce losses - so, is it time for her to go? Long overdue?
i3 blamed the deteriorating conditions in the business on softening demand "as final production for its largest customer in Endicott was completed."When the former Endicott Interconnect acquired IBM's former Microelectronics division operations in... — read more
They just keep coming. . . https://www.theregister.co.uk/2019/11/05/ibm_sued_unlawful_sales_commission_tactics/
Was there any Layoffs on DB2 LUW development and support division Haven’t heard Layoffs on NA DB2 LUW side — read more
What will Big Bleu do to counteract this impact to what has so far been their consistent stream of indentured servants? https://insights.dice.com/2019/11/04/ibm-h-1b-petitions-trump-restrictions/
as much work as possible is going off shore for all areas of the business. RAs are happening for xmas holiday season and into 1st qtr 2020. Division mgmt is a joke, they make these terrible deals to get a foot hold, loose millions on millions and... — read more
More B.S. regarding the investment in re-training, etc. https://www.bloomberg.com/news/videos/2019-11-01/ai-s-impact-will-extend-to-100-of-jobs-ibm-video IBM Vice President of People and Culture Obed Louissaint discusses results of the MIT-IBM... — read more
So as a recent acquistion of IBM that was slotted into GTS, I received the notice that having missed our targets there would be no bonus for the quarter and it made me curious how frequently this has occurred to GTS in the recent past? How often are... — read more
And so it begins. Red Hat Culture is being destroyed from within. Leadership roles are being filled with yes people & top down managers from EMC, Net App, Cisco, HP, etc. The true Red Hatters who had been responsible for what IBM wanted, are... — read more
"The tech company is looking for different ways to fill “new-collar” jobs in its 360,000-employee workforce by adding digital badges and apprenticeships and deepening partnerships with community... — read more
$34B well spent! https://www.barrons.com/articles/ibm-stock-downgrade-neutral-legacy-businesses-red-hat-51571668644 IBM stock was falling Monday morning after an analyst at UBS said he sees less upside for the stock. The back story. IBM... — read more
https://www.bloomberg.com/news/articles/2019-10-23/microsoft-sales-profit-top-estimates-on-cloud-azure-slows Microsoft is also starting from a much larger cloud base, and IBM's "cloud" number includes a bunch of legacy software that has nothing to... — read more
I will be the first one to start it – let’s talk about IBM Resource Action for 2018. I know that there are some rumors already floating around, but let’s consolidate things in this thread. In short I’d like to address the following: Timing of... — read more
https://www.theregister.co.uk/2019/10/17/ibm_q3_2019_financials/ Fantastic quarter: Sales, down. Profit, down. Business as usual
Insurance, Health & Wellness Health Insurance Dental Insurance Flexible Spending Account FSA Vision Insurance Health Savings Account HAS Life Insurance Supplemental Life Insurance Disability Insurance Occupational... — read more
Can you say IBM? https://dilbert.com/strip/2019-10-13
Last 2 paragraphs Others bankrolling Lee’s S. 386 are the outsourcing lobby, like Cognizant and the IBM Corporation. Cognizant and IBM have a total of seven lobbyists pushing the legislation. IBM and Cognizant are set to gain hugely from S. 386, as... — read more
As goes revenue, so goes headcount: (3.9%) YTY so we should expect the commensurate amount of headcount reduction, but undoubtedly Ginni will just make it a nice round 5% as the math is easier for the bean counters to... — read more