Thread regarding IBM layoffs

39 years at IBM

Almost 39 years here.

Named Best of IBM a couple of times within the past 5 years.

Never a poor performance rating...

But that doesn't matter. My age does.

To make sure there isn't an age discrimination uproar they offered most of us over 60 the option to work in Columbia, Missouri.

No mention of the type of job, pay, or dept.

They know we won't take the job offer but it covers IBM against age discrimination: "see, we offered them a job!"

RAed last year at the same time but found another job in the same line of work.

This time, I'm leaving.

I know this action has been in progress since the end of last year and they had to postpone it due to COVID-19, but they can't wait any longer.

It was imperative that they get costs off the books before the end of June as we are expecting abysmal results in my division.

And the leadership walks away with $20M.

by
| 2347 views | | 6 replies (last ) | Reply
Post ID: @OP+154bauVv

6 replies (most recent on top)

This is just one example of how off center American corporations have become. Very senior execs fail, they blame folks at the bottom and they still get massive salaries and bonuses. Where is the accountability. The top level people at ibm are the reason they did not respond when the industry shifted. Ginni ran the company into the ground and what did she get for her failures- a hundred plus million, seat on the board and seat on the board at JP Morgan cause she is buddies with Jamie diamond. Why else would you want that kind of experience in your organization OR you do the opposite of they reccomend. Ibm was 112b when she started and 78b when she left. Congratulation ginni ur a true visionary. Individual success is of exponentially higher value than corporate success in today’s market.

by
| | Reply
Post ID: @1wlz+154bauVv

I agree with the others - accept the relo and string it out. BTW, I was voted best in IBM, got big check, Golden Circle, etc, then I quit a couple of years later when they screwed me over. IBM has the "what have you done for me lately" attitude, so you always have to look after yourself. They have zero loyalty to you, zero.

by
| | Reply
Post ID: @1eqh+154bauVv

Agree with previous poster about taking the offer and delaying. Play their game. I can confirm, someone on my team accepted a new role last summer, said he was moving from Hawaii to RTP (lol) so they waited to onboard him/give him assignments, then when the date he said he was relocating came, had excuses to delay. Then one day poof “oh, he’s no longer moving here”. Got paid for 4+ months to do nothing with zero oversight while he looked for something in Hawaii (and surfed). From that experience and my prior experience at other companies in the past, they’ll all squeeze everything they can out of you, expect you to thank them for it, and no matter how amazing you are or what you brought them, they’ll kick you to the curb if it’s in their best interests. Don’t feel guilty - you’re just playing the same game and looking out for yourself and your best interests.

by
| | Reply
Post ID: @1dpo+154bauVv

Exactly – like the poster above said – you have to play the same dirty game they do! Tell them you take the job and then drag it out, and look for something else in the meantime! Time to hit back!

by
| | Reply
Post ID: @1lgh+154bauVv

Couldn't you just say you'll relocate (which I'm sure they'll give you awhile to do), keep your home where it is, and finish out the year or until you get another job by working remote citing health concerns about going into the office, or even occasionally visiting if needed?

PS, I'm really sorry.

by
| | Reply
Post ID: @1zve+154bauVv

So sorry to hear this man. 39 years... Wow...

All the best and Godspeed!!!

by
| | Reply
Post ID: @pjk+154bauVv

Post a reply

: