Thread regarding IBM layoffs

IBM Layoffs in Progress (May 2020)

IBM Security, received a 1:1 meeting request today from my manager for tomorrow (Thursday).

Any indication as to whether laid off US employees will get an extension of their health insurance?

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Post ID: @OP+154KgwW3

192 replies (most recent on top)

Just got the axe after 25+ years. The most experienced (and likely highest paid) member of the team.

Separation in one month, not two.

Good thing I've been anticipating this for a long time, as I've lost trust in IBM years ago.

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Post ID: @rhl+154KgwW3

2 years in IBM Research, got raise (25%) and promotion after 1 year, excellent performance. Got urgent meeting this morning about lay-off, 2 months notice + another 3 month salary

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Post ID: @inl+154KgwW3

Layoffs in Research (Yorktown) as well.

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Post ID: @uyb+154KgwW3

IBM Systems, 38 years, same package. A relief in the end; my heart goes out to those for whom it is not.

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Post ID: @nwy+154KgwW3

I was laid off too part of IBM cloud. I am retirement age in theory so I have to wonder. June 22nd same as others.

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Post ID: @qct+154KgwW3

Huge action in effect

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Post ID: @lvq+154KgwW3

SIH Technical Sales , same as everyone else

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Post ID: @xmz+154KgwW3

GTS AM, with company for 14 years, definitely not age related as I am one of the younger ones.

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Post ID: @dlu+154KgwW3

People in Cloud and Cognitive SW got hit also - I left in 2019 (also RA'd) - that's what I am hearing from friends that are still there. Bad timing.

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Post ID: @eey+154KgwW3

RA'd today - the severance terms are as reported before - Solution Architect, Foster City, CA

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Post ID: @vjm+154KgwW3

https://twitter.com/TheLayoff/status/1263547173091725312

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Post ID: @cfi+154KgwW3

In CHQ just got 30 day notice too... 9 years with company, excellent performances in all positions, got the standard 90 day package being offered.

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Post ID: @efj+154KgwW3

Confirmed GTS SO layoffs. Standard package no matter if you were there three years or 30 years. was offered to move to be move to Austin to find new, potential role. 30-days paid, 3-month buyout if I do not move, medical at IBM rate then COBRA rate. Like everyone else!

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Post ID: @erk+154KgwW3
  1. With co for 26 years. Not age related.
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Post ID: @wav+154KgwW3

Cloud Platform seller 22 years, 30 days notice, 90 days pay lump sum and 12 months of health insurance at IBM rate, then can bridge to Cobra for another 18 months.

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Post ID: @xqc+154KgwW3

30 days notice,90 days pay, health extensions. short time with company though 28 yrs old.

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Post ID: @uab+154KgwW3

Over 7 years of service, clean file and solid checkpoint reviews and still got ejected while at the same time they hired several outsourced people abroad.

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Post ID: @qhy+154KgwW3

For my previous note, 24 years with IBM, excellent performance
Seems age related because I can retire

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Post ID: @xbx+154KgwW3

Also notified, 30 days notice, 90 days pay
Over 65 which seems to be the thing

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Post ID: @mcu+154KgwW3

GTS PE and I just got the AXE too after 14 years. What a shame. What rotten timing too. You give so much to this company and they have no respect for loyalty.

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Post ID: @deh+154KgwW3

Just laid off, 30 days etc as others have mentioned - been at IBM 24 years

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Post ID: @duf+154KgwW3

Cloud Services here. 30 days notice.

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Post ID: @nui+154KgwW3

30 days or 60 days notice? I received 30 but heard others received 60

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Post ID: @imp+154KgwW3

Also in GTS, MCMP. RA'd today. Wonder what the extent of it is. How many, what MCMP gps, etc.

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Post ID: @nia+154KgwW3

It appears that IBM legacy cloud personnel are getting hit vs Redhat. Is that fair, or are the Redhat folks just not posting

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Post ID: @ces+154KgwW3

GTS, MCMP was let go

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Post ID: @ift+154KgwW3

@rpo+1 - I'm curious about the new kids in Red that we just bought? Is it just us in blue that are getting this???

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Post ID: @fyz+154KgwW3

Any software group impact?

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Post ID: @rpo+154KgwW3

I received a similar notice / meeting invite outside my normal schedule. Was informed my a former leader that I was in the list.
5 years of service, excellent performance, the most senior person on my team and a wife who is battling stage 3 breast cancer. Great timing during a pandemic.

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Post ID: @wqs+154KgwW3

Received my notice as well. 500% to quota last year. Presidents club 3 out of last 4 years. 1st ?: the 12 month extended health insurance is that a standard package or new cuz of covid/other reason?
#2 do all bands below a 10 get same package/ insurance?

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Post ID: @qry+154KgwW3

12 months extende health insurance + 12 Months COBRA

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Post ID: @lxu+154KgwW3

And you can bet this is just the start of it. Expect another round coming in the 2nd Half of 2020.

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Post ID: @zfw+154KgwW3

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