Thread regarding IBM layoffs

If IBM is splitting itself into separate companies with special relationships, it means they will likely have business contracts with each other. I can't wait til the two halves of IBM sue each other for breach of contract, just like many companies who do business with IBM have to resort to.

The same losers that could not turn the mother ship around are now leading newco. The outcome is predetermined.

You're right about GTS playing well with others. THEY DON'T. Hell, they don't play well with clients. Trying to work with them as NewCo will even be worse...I don't know how that can even be. Not making this an even partnership and leaving them in charge will be the death to everyone involved, including clients.

BCG mentions hiring family members is a huge conflict of interest, yet at IBM it's the norm.
Toxic and disgraceful

@rmp - yes I have noticed very similar things. Managers hire their friends & engage in cronyism style system. And that leads to the toxic environment. Those that are not the chosen ones in the inner circle are cut-out, next name on RA list

Didn't understand the points on graph about Red Hat. Is he saying it is the debt on the books for acquisition costs? And I do see a purge. Hoped that we would aggressively promote IBM hardware not to force clients but just offer as incentive. But that obviously never happened stay like Switzerland forever I guess and not dare to promote our own products.

Interesting....well perhaps I can address one of his points in article. The reason why I personally lost enthusiasm for Employee stock purchase is simply due to our management getting stingy on the discounted rate. Initially yes I did buy a significant percentage at the incentivized discounted rate. Then when they got cheap and stopped that incentive and offered far less I decided to pass and never bought stock ever since for past 15 years or so.

IBM tools and bloat processes are history very very soon. Good riddance

That looks like IBM.... ah, this is IBM!!

The problem is not the lack of sales productivity. They do the best they can with the c-appy products they have to sell. The problem is product management. If you look at the public cloud platform, the GM and VP who lead product management and GTM are empty suits. They are from India and have all their best friends reporting to them. It's pure chaos with constant infighting and backstabbing among the team. Pure toxic environment. That translates into no serious investment in the cloud platform and no serious progress.

There won't be any relationship between the two. IBM is already making partnership announcements with the likes of ServiceNow, and Newco will start announcing partnerships with the hyperscalers soon.