Thread regarding IBM layoffs

Call out to Summit Hires

Was reading the OP below this regarding Newbies. Any Summit hires/grads out there? Where your expectations with IBM met? Share your journey and experience with us.

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Post ID: @OP+1b4fzaXo

10 replies (most recent on top)

Seems to be conclusive. IBM has hired thousands of people through this program and it's a shameful waste. Typical

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Post ID: @5aan+1b4fzaXo

Left IBM 2 years ago. I was a first line manager for 8 years and from what I remember most Summits and Interns where Executives kids

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Post ID: @4vdx+1b4fzaXo

Who cares if OP was HR. Let them hear it. And from what I'm seeing there is nothing positive

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Post ID: @3ymr+1b4fzaXo

"Share your journey and experience with us"? People don't talk that way. This is an HR post.

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Post ID: @3srp+1b4fzaXo

Only 5 responses and it appears that maybe 2 where Summit

Was told Summit program has been in existance for more than 20 years. And for the last 5 years they hired and trained on avg 600+ young adults every year.

A 2 year program. The est cost per head for those 2 years including salary (70k on avg those in tech or masters degree got 10k signing bonus), training (GSS plus a ton more), travel (pre covid), overhead (aka the salaries of those poorly managing this program ) is over 400k (consevative) per Summit.

So the math says 5 years × 600 is 3000 hires. Multiple that by 400k its $1.2B.

Again, maybe 2 responses here from actual Summits? Why?

Because the attrition rate is over 85% within 2 years of graduation. After that it's 95%+ in the next 2 years.

So this is program that has easily cost IBM over 2+ Billion in 10 years.

Summit Management team...produce 5 people who have been here 10+ years.

Btw....I know they can't. Pathetic!

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Post ID: @3juv+1b4fzaXo

@xly
They obviously meant to be associated (verb) with IBM. And I agree the program has good Sales training, but that Sales training is managed and conducted by Global Sales School (GSS) and not Summit Management. It is the same training anyone new to IBM Sales would receive. So don't confuse the two.

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Post ID: @iha+1b4fzaXo

I'd call bull on you speaking for everyone. Summit program is top notch. The "IBM Association" doesn't even exist. I'd beware of anyone talking poorly about a company they don't even know the name of. Lots of training but overall tough to find a better sales program out there. Only people I know that are upset are the ones that are going to Kyndryl (which really isn't the fault of the Summit Program at all)

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Post ID: @xyl+1b4fzaXo

The IBM association does not carry any weight these days. Nothing but an anchor around your neck. GOOD LUCK!!!!

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Post ID: @vgq+1b4fzaXo

It varies a lot based on your landing spot. The ones who went to GTS or hardware did not enjoy their roles. The problem is our products are just irrelevant and our managers are too busy to provide any development support. Most people in my class left very shortly after summit. Use the training and IBM name to get a better gig.

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Post ID: @nfw+1b4fzaXo

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