Thread regarding IBM layoffs

@10q

A small correction - the US IBM motto - fail upwards and often.

(Until you get the recognition...)

This nets out the current IBM strategy being implemented by the management team.

As legendary investor Warren Buffett once said: “If you’ve got the power to raise prices without losing business to a competitor, you’ve got a very good business.”

The IBM legacy customers who still rely on IBM equipment, SW or services fall right into the bullseye of Buffetts statement.

"Also, there is no accountability at all at IBM. The worse an Executive performs, the more money he/she will get along with endless promotions."

the US motto - fail upwards

Executives have no brains... only deep pockets while they are at the company.
They will find shortcuts to fill their pockets.

Also, there is no accountability at all at IBM. The worse an Executive performs, the more money he/she will get along with endless promotions.

But hey, these days it is the same in most Public companies.

@xh+1jhpaexjq

When I first came to IBM all those years ago, I was first assigned a temporary desk (which didn't last long) in building 062 in RTP. I remember driving over to the site looking for a parking space, when I saw dozens of employees standing on the curb carrying boxes of stuff out.

Those employees were from the newly disbanded Network Systems Division (or whatever it was called). Lots of them went over to Cisco, or other hopefully greener pastures. This was in the "early" years of our so-called Internet Revolution.

It's sad to think of what IBM storage could have been, especially with the development of the Internet and "cloud computing". Like IBM networking, the management just didn't have the vision, and things stopped growing.

@r2+1jhpaexjq watching our storage teams go to sh-t from a position of - if not leadership - at least having a powerful niche - has honestly been upsetting.

"was that to cut your severance or to protect them from getting sued?"

I think it's just straight up incompetence.

I haven't signed anything that would take away my rights to sue them, nor will I.

Of course, that would require them to send such an agreement to me...

"I haven't heard anything from IBM since I was bench pip'd last Monday, which was my last day. "

was that to cut your severance or to protect them from getting sued?

the sole purpose of 'companies' like IBM nowadays is to shovel money upwards to the executives and shareholders
neither group is useful and produce jack squat

You sound bitter. Move on with your life.

IBM mainframes may be used at the very center of business transactions, and they are definitely necessary in that role. But they haven't been dominant in the business computing world for a long time. If IBM disappeared today, what would happen?

What would happen is what has been happening for decades: THE WORLD WOULD FIND ALTERNATIVES.

Even IBM has acknowledged this fact, by migrating out of all those lines of business over the years: Printers...networking...displays...storage...small and medium servers...personal computers...all former IBM strongholds that are now led by others.

Yeah, IBM is strong in its legacy roles of high volume batch processing. Legacy roles, serviced by legacy customers, buying legacy hardware and software from a legacy company. But what do new customers use? Where do they develop the new applications of tomorrow?

Those new customers use something else.

What does Legacy Customers mean? Seriously...

IBM with its mainframes and software run the business world. There is not a day that anyone does a business transaction without using a mainframe or some IBM software whether that software runs on the mainframe or on other platforms.

If IBM, its mainframe and all its software were to disappear today, the world would stop working. It will first start with most credit transactions failing. What are you going to say when you can't use your credit? Take out some actual money to pay for your transaction!

Give me a break!

I haven't heard anything from IBM since I was bench pip'd last Monday, which was my last day. I have gotten nothing in the mail, nothing in my email. I still have their laptop (my IBM email was no longer working on Tuesday when I checked it).

Didn't even get the notification that my termination date was Monday till 7pm that day.

What a class act IBM is....

Salty…..

New Year, Same BS

Legacy customers.

In general, new customers will turn to IBM only when there is no other choice. IBM is TOO MUCH...too big, too complicated to deal with, too many forms, too many phone calls, too many meetings, too many salespeople, TOO EXPENSIVE.

IBM's legacy customer base already knows how to buy IBM offerings when the need arises. Everyone else will go to someone else first, and turn to IBM only as a last resort.

Seriously, who is still buying IBM products & services?

you missed the sarcasm in the emails. Granite 3.1 is the AI vaporware that will replace us all.