Thread regarding IBM layoffs

IBM Sees 80% of Employees Working in Hybrid Roles After Pandemic

(Just one of several interesting tidbits from the article).

To accommodate these workplace changes, Krishna said that some of IBM’s 70 million square
feet of office space will likely be closed, though the company will probably keep more than half
of its current capacity.

So let's say Big Bleu is going to vacate 49% of its office space, with those employees who previously occupied it working from home. That surely makes it easier to pick-off folks for future RAs.

https://www.bloomberg.com/news/articles/2021-03-31/ibm-expects-80-of-its-employees-to-work-hybrid-post-pandemic

International Business Machines Corp. expects 80% of its employees to work in a hybrid model after the pandemic, a setup that offers flexibility but also poses challenges for community-building and upward mobility for staff in a virtual workspace.

The majority of workers “will spend at least three days a week, maybe not all eight to 10 hours, but at least some fraction of those three days, in the office,” Chief Executive Officer Arvind Krishna said Wednesday in an interview during the Bloomberg Future of Work seminar.

As vaccines are administered across the U.S. and pandemic restrictions loosen, companies are trying to chart a path forward. In a recent report by Zoom Video Communications Inc., some 65% of surveyed U.S. companies said they were considering a “flexible remote working model.”

Krishna said that he could see 10%-20% of employees staying entirely remote, but he’s concerned about how that would impact building company culture. “When people are remote I worry about what’s their career trajectory going to be,” Krishna said. “If they want to become a people manager, if they want to get increasing responsibilities or if they want to build a culture within their teams, how are we going to do that remotely?” He added that parents will be allowed to work entirely remotely until schools reopen.

To accommodate these workplace changes, Krishna said that some of IBM’s 70 million square feet of office space will likely be closed, though the company will probably keep more than half of its current capacity. Remaining space will be reconfigured to facilitate collaboration, as solitary work will likely be done from home, Krishna said.

About 10% of IBM employees in the U.S. have returned to the office, Krishna said. That’s higher than in Western Europe, where “almost nobody’s in the office,” but far lower than in Australia or China where many employees have returned. IBM has more than 345,000 employees in 175 countries.

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Post ID: @OP+1a9m6WVV

9 replies (most recent on top)

The other 20% are getting laid off

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Post ID: @2nlr+1a9m6WVV

AK is simply disappointing. It was clear they they made someone CEO who had only worked for IBm in the last 30 years. If he was really good he would have made a lot of difference in ibm in the least 30 years.

I think more people are going to leave after this(if they are not already thinking about it )

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Post ID: @1rrq+1a9m6WVV

I thought IBM Cloud was supposed to make it easier to collaborate remotely. Remember that, Arvind? What a lying dirtbag.

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Post ID: @cyb+1a9m6WVV

Hopefully the newco peeps are reading this.
So many just assume they will stay in their current IBM office.
You know what they say, never assume.
Hope you didn't unpack yet from your last move. lol

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Post ID: @cxi+1a9m6WVV

“When people are remote I worry about what’s their career trajectory going to be,” Krishna said. “If they want to become a people manager, if they want to get increasing responsibilities or if they want to build a culture within their teams, how are we going to do that remotely?”

What an Id10t. Hey, AK, ever heard of the internet? If IBM can offshore jobs half way around the world, there shouldn't be an issue with working from home.

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Post ID: @thw+1a9m6WVV

Career trajectory? So the message is get in line or else...

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Post ID: @kdk+1a9m6WVV
The majority of workers “will spend at least three days a week, maybe not all eight to 10 hours, but at least some fraction of those three days, in the office,”

Why would anyone spend all the time commuting to an office just to stay for a couple of hours? Another half-baked idea.

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Post ID: @vkk+1a9m6WVV

AK is an id–t... he is probably finding more ways to layoff people!

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Post ID: @lyl+1a9m6WVV

Oh good more Halloween Superstores!

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Post ID: @szs+1a9m6WVV

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