AK asks to share the thoughts on where IBM is wasting resources and where we can save money.
Of course, this means that he is looking for the ideas where to cut next.
How do you perceive this?
Do you think the next rounds of RAs will be based on the feedback?
How about we cut salaries by 20% (to start with from VP on down), totally and forever eliminate GDP and the 401k match... That should save quite a bit of money, and will most likely create an exodus which will save additional money!!! I think IBM should put me in charge of cost cutting, I will do very well.
Let's cut to the bone!!!
But seriously... this is another clear indication that AK has no clue whatsoever how to grow revenue. The only thing he is trying to do is survive for 5-10 years so he can pocket his money and retire like Ginni the Eagle... may be AK will also buy a Chalet in Switzerland!!
Don't forget about dumping PM's or anyone who works for "project office"
As if that means anything to the clients you keep billing.
Too many managers and Band10 people, too much levels of managers between a Band9 and the CEO.
ALL COMPANIES are cutting levels of the hierarchy, to speed-up decisions.
And too much off-shore persons, too much in India and Africa, with low level of quality and execution.
IBM must cut at least 70.000 useless people and design more lean decisional processes.
Start in main office with executives jobs overlap other executives
How many managers do they need? 1st line, 2nd line, 3rd line?
Cut down executive bonuses and stock options
Be reasonable, cap their annual salary at exactly $99,999.00. To make sure that they can't afford their second yacht.
I like the one comment where the poster suggested that executives should not draw a salary until we see growth. It’s hidden in the thread and needs more upvotes.
My vote is for flattening the Executive levels and cutting all executive compensation. If its good enough for the rest of us, it's good enough for them.
Everyone seems to have a manager title inside services now, what gives?
That's what IBM needs, more managers doing paper pushing BS.....NOT.
Look at the Slack thread, some of the most upvoted comments are about removing layers of management, flattening the org, and reducing executive compensation.
We really need to remove a ton of Band 10 and higher , especially the VP level. There are waaaay too many VP’s just waiting to retire and collect their vested shares- take them all out.
This CEO hours thing is just a total joke... Who is going to have the guts to tape (with a camera) one of these and post it on YouTube so that the world can see what a bad CEO AK is?
It’s all a rouse. He’s just pretending to listen to employees. You should know by now that they never take action on any of these questions or surveys or “jams” that they have. He already has plans. This was just a feel-good carrot for employees.
If you read them some were honest and stuck their necks out, hopefully they are not cut for saying what others are thinking
GBS Partners are waste of resources. Bunch of non-technical purely project managers with elaborated title and undeserving sense of entitlement. They can't do the value props and their strategy is just dropping the pricing.
Who has the guts to tell AK that we need to trim the management? All levels from FLM to SVP.
Make WFH a permanent thing. Leasing office space is pointless and expensive af.
AK is useless and he will destroy this company.
I wish someone had the guts to say executive golden parachutes