Since IBM strategy is now Data and AI, what products do you see being sold off??? Spectrum? WatsonAIOps the rest of Rational Websphere? (as they are promotong Jboss. Thoughts
Now you are finally getting the point. Everyone keeps asking, where are the big layoffs he appropriated billions for? Its exponentially cheaper for IBM if you leave. Between the mandate and forcing people back to the AK office will get what he wants... — read more
https://www.barrons.com/articles/buy-ibm-stock-tech-bargain-51637800151 (but you must pay if you want to know WHY...) Eric J. Savitz dixt
Enjoy these last weeks WFH. The announcements where worded by HR/Planning and approved by Legal this week. Get ready
Tier 1: all fang plus some other high paying companies like pintrest and unicorn startups Tier2: uber,lyft, msft etc. Pay a little lesser but companies are growing and relevant tech wise. Tier3: tech companies like cisco, orcl, intel,amd etc. Where... — read more
What do you think?
https://www.cnbc.com/2021/11/16/ibm-ceo-says-inflation-fears-could-trigger-some-chaos.html Here you go, AK already setting the stage for his upcoming excuse when the numbers fall short in 4Q 2021 and probably beyond... This guy is PATHETIC!!!
The vultures are already circling. . . https://economictimes.indiatimes.com/tech/information-tech/rivals-eyeing-ibm-spinoff-kyndryls-sub-50-million-clients-experts-say/articleshow/87920533.cms
But Kyndryl is having trouble finding its own independent investor base. In late October, the stock traded above $40 on a “when issued” basis. Kyndryl opened for trading on Nov. 4 at $28.41, and has continued to fall from there. At a recent... — read more
I moved a lot and worked in several departments, although it has been a long time since I last made the transition. However, I have a friend for whom the transition from cloud consulting to salesforce consulting is now a mission impossible. Is the... — read more
I suspect we will see short term actions to try to get short term pops on Kyndryl's stock based on the CEOs (and the rest of the C-suite's) Restricted Stock Units vesting dates. When does a Long Term Incentive Plan become a Short Term Incentive... — read more
Email from the CEO: S. IBMers, It has now been more than 18 months since the onset of COVID-19. While the pandemic continues to evolve around the world, the health and safety of our employees, clients and partners remains our top priority. — read more
.... "and tens of thousands in its consulting business." https://timesofindia.indiatimes.com/business/india-business/tech-talent-crunch-to-last-for-a-decade-ibm/articleshow/87809930.cms
https://www.crn.com/news/managed-services/kyndryl-reports-net-loss-for-third-quarter-offers-2021-full-year-forecast Kyndryl, the spin-off of IBM’s managed infrastructure business that started trading as a public company on Nov. 4, reported $4.6... — read more
New article published by the Register https://www.theregister.com/AMP/2021/11/22/ibm_age_discrimination/
Per NYU Stern Business School .... the average Price-to-Sales Ratio for a "Computer Services" company is 1.11. Kyndryl's P/S equals just 0.22. P/S = Market Capitalization / Revenue ... with a P/S = 1.11, and Kyndryl's projected Revenue = $19.3B ... — read more
IBM: The Curse of Value IBM has been wrecked by prioritizing dividends over capital spending https://investorplace.com/2021/11/ibm-the-curse-of-value/ "If there’s a Mt. Rushmore for short-sighted management, Virginia Rometty is its George... — read more
I dislike it, its resource heavy and counterintuitive… How about you?
Think IBM will follow the same? https://www.wtkr.com/news/yall-did-us-wrong-newport-news-shipyard-employees-react-to-vaccine-mandate-suspension Nice to see some "Federal Contractors" are willing to stand up for its employees.. I am sure IBM is... — read more
Krishna, however, did not share any India hiring numbers. Of course AK didn't share any of these figures, of course not. https://www.livemint.com/companies/people/ibm-global-chief-arvind-krishna-bets-big-on-india-biz-11637321036130.html
The market is hot, companies desperately need employees and pay well. I don’t know if it’s a big risk to wait and hope to become the target in early 2022 (*perhaps not, but I personally believe that if the mother of all cuts comes, it will happen... — read more
Deadwoods Dave Interesting that Arvind thinks re-engineering the comp plans will help. It’s been done before - reps being forced to sell the product of the day, no matter how much of a dog it is or whether the market needs it. We had years of “flog... — read more
Hey a friend of mine is interviewing for a cyber security AE job at IBM. he has other offers. What do you folks think about this?
There's talk about more layoffs next week in another post, is this true?
Do you feel like WFH has shown you that you are not living a very fulfilling life? I’m starting to realize I was never fulfilled, I was always on the road and superbusy. Hmmm?
The mandate will likely be declared unconstitutional because it is but will IBM ignore and keep demand endless vaxxing. https://www.osha.gov/coronavirus/ets2 On November 12, 2021, the U.S. Court of Appeals for the Fifth Circuit granted a motion to... — read more
https://economictimes.indiatimes.com/tech/information-tech/kyndryl-sees-india-as-big-opportunity-for-talent-growth-ceo/articleshow/87756123.cms “Here in India, our customers manage every other phone call in India, and they underpin every other... — read more
If you can't beat them, join 'em! Also, apparently business travel is occurring again. https://www.youtube.com/watch?v=stNk2-ZosOw
https://www.bloomberg.com/news/articles/2021-11-18/ibm-arbitration-gag-rules-are-illegal-fired-workers-say "Rodriguez and Apana are among hundreds of workers currently in arbitration proceedings over their claims that IBM illegally fired them as... — read more
“ IBM claims it has taken a major step toward practical quantum computation. On Monday, the company unveiled Eagle, a 127 qubit quantum processor. IBM claims it’s the first such processor that can’t be simulated by a classical supercomputer” And the... — read more
Sounds like an overabundance of IBM India employees if they have to setup a new facility to house them. https://telanganatoday.com/ibm-consulting-sets-up-new-facility-in-hyderabad
C&CS is pathetic. Most FLMs/SLMs are drifters from other divisions and were useless much earlier. With no ground knowledge they get to make all decisions in C&CS. No surprise products are subpar, hardly anyone good wants to join/stay there. Well... — read more
Start from min. 4:00 but check from min. 9:08 Dinosaur Tech companies (IBM / Intel): "they have no identity" https://techcheck.simplecast.com/episodes/bitcoins-tumble-tesla-bull-turns-bearish-qualcomm-ceo-on-investor-day