Thread regarding IBM layoffs

Well????

Anyone get fired today?

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Post ID: @OP+1flKZE2K

18 replies (most recent on top)

Been a while but I'll take a crack.
Under better leadership we wouldn't be in this situation.
Too often...
Too often I've wondered how these leaders made the decisions they have.
Someday they'll get what they have coming.
Except Ginni, who was given to most generous of golden parachutes.
Xactly where it goes nobody know

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Post ID: @5hkw+1flKZE2K

How does one get fired? I have some stuff around the house I want to do and was hoping to get some unemployment benefits while searching.

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Post ID: @4oic+1flKZE2K

And the id--ts from East Fishkill continue to lament…...

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Post ID: @4gwa+1flKZE2K

Yes, good post @2hyi - However, I would include paying GF $1.5B to haul away our IC Fabs as scrap in your list of blatant clusterflops by GR and her Clown Car Management Team.

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Post ID: @3txc+1flKZE2K

Good post @2hyi

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Post ID: @3mpe+1flKZE2K

So ask yourself what future does HW have? Redhat is HW agnostic IBM has shown their cards when it comes to HW. Milk every last drop out of it, and then sell it for 30 cents on the asking dollar. They did it with PC’s (1.75 billion sale on 5 billion ask) and then executed the exact same play with System X (2.3 billion on 6.6 ask). Power will go for approx 1 years worth of sales (1-1.5 billion) and the same will happen with storage (1-1.5 billion). The buyer will need to be a USA company who can leverage the existing portfolio. HPE does fit the bill quite nicely, and throw in the GF type 10 year guarantee for cloud purchase with the bonus of sharing the lab research and you have a win/win. I can see IBM keeping the OS’s and the Storage SW as that’s the gift that keeps on giving even though it’s fading fast. License that IP. TSS will move with the product sets, and Power and Storage Hosting will most likely move to Kyndryl. Z in all of its forms will remain with IBM Why? Because it’s IBM’s monopoly and it allows IBM to keep their finger on the pulse of Chip design. IBM doesn’t fabricate anymore, but they absolutely love designing what makes the enterprise infrastructure tick

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Post ID: @2hyi+1flKZE2K

Hardware is the next new co. Tricky Ricky will strip it to the bare bones and transfer the useful parts to HP. 99 percent of our senile-lazy -good for nothing-two timing-swindling systems management would be forced to retire into oblivion. The remaining 1 percent would have already switched companies by this point.

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Post ID: @2tbe+1flKZE2K

One fat a-s VP in Poughkeepsie

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Post ID: @2bto+1flKZE2K

Atlanta today

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Post ID: @2jgb+1flKZE2K

@1myr

When is this HW exit deal going down? I feel like we've been hearing this for years now yet nothing has changed.

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Post ID: @1skv+1flKZE2K

Yup a few in Rochester I know

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Post ID: @1sjn+1flKZE2K

Expert Labs in the US. I know of two people so far.

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Post ID: @1kwl+1flKZE2K

Austin getting hit. Does this surprise you? Austin and Rochester are being sustained by riding the OS train. Scale out power (HW) makes almost no profit after the channel (Partner and distributor) fees are paid. Factor in the cost of development, and IBM would be wiser to dump the scaleout product line if you just look at HW costs. IBM is farming the OS’s (AIX and OS/400) as they are fully amortized and require almost zero upkeep to continue forward (call it what it is Legacy IP). The enterprise part of Power is quite profitable even after all Channel costs are factored in. The problem with Enterprise boxes are there are not enough customers (1050 and 1080) to sustain the required development costs. All in all Power is fading fast, and IBM has tried to sustain it via moving Power chips into Storage (approx 15-20% of all sales) and into Z. The continued layoffs at Austin shows IBM’s plan is not working and IBM will have to exit the Power HW side of the house if they hope to stop the bleeding. Like it or not, the bean counters have already decided that IBM’s strategy in Power and most likely Storage is to farm the IP and exit the HW business via a 10 year GF kind of deal. This will extend to Hosting of Power and storage as well as all of lab services and TSS.

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Post ID: @1myr+1flKZE2K

Austin got hit

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Post ID: @1ufw+1flKZE2K

for not being vaccinated? lol
as if anyone really thought that was going to happen

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Post ID: @1iwh+1flKZE2K

No. Yet another load of scaremongering without anything actually happening. What a surprise.

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Post ID: @1kvl+1flKZE2K

Marketing

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Post ID: @1joz+1flKZE2K

NDA keeps them from saying anything. silence. lol

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Post ID: @msq+1flKZE2K

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