Thread regarding IBM layoffs

Watson Health - Transfer of Business to Francisco Partners on July 1

This is the date that we were told today (moved out from June 1).

Everyone's jumping ... like rats off a sinking ship.

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Post ID: @OP+1gtIPm6O

15 replies (most recent on top)

No surprise…. A house of cards….was obvious from day 1 when they formed the unit…. Lmfao…

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Post ID: @Spju+1gtIPm6O

I heard that the date will be moving out a few weeks, but I don't know what the new target date is yet. Shouldn't be too much longer though.

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Post ID: @Shky+1gtIPm6O

Is this still on for July 1st? That's only a week-and-a-half away, and it's been eerily quiet. OR has TOB date been moved out yet again?

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Post ID: @Szwk+1gtIPm6O

It’s more than Just WH being restructured on June 30th. It’s the remaining pieces outside of services getting restructured. Good luck to all

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Post ID: @bnip+1gtIPm6O

Yes, former Truven is going. Well, at least those of us that survived.

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Post ID: @2wuo+1gtIPm6O

What happened to the Truven Analytics people? Are they going with this move?

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Post ID: @1eji+1gtIPm6O

It looks like IBM and Francisco are just deciding on who stays and who goes. Much like Lenovo. There is imbedded talent that both sides value. The marketplace since WH went up for sale has changed and continues to change considerably. The hyperscalers are finding out that unlimited growth is starting to flatten (this tends to happen when you are a monopoly) and that generic non-specific industry solutions are not the end all to beat all. Just look at Cerner Oracle bought them, because they needed a industry specific solution. It was cheaper to buy it vs compete for it. That realization is starting to take hold across Wall Street, and the hyperscalers will have to adapt if they want to continue to grow. NOTE there is a reason IBM is investing in GBS Industry specialization centered around mainframe and Redhat with niche offerings around AI

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Post ID: @1ozo+1gtIPm6O

Better to jump off sinking ship
Than sit on bu-t get pinky slip

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Post ID: @1hob+1gtIPm6O

A few people from our team in Ann Arbor, MI went to Availity (also in Ann Arbor).

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Post ID: @1gtg+1gtIPm6O

Do you know anyone who left?

Where did they go?

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Post ID: @1vfe+1gtIPm6O

Zzzzzzzz

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Post ID: @1ezb+1gtIPm6O

Well did they at least come up with the new name for the new company yet?

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Post ID: @1xbw+1gtIPm6O

Reminds of the Lenovo divestiture. Yikes! "deja vu all over again"

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Post ID: @gxx+1gtIPm6O

Let the bloodbath begin

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Post ID: @yqd+1gtIPm6O

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