Thread regarding IBM layoffs

MCC (US) Layoffs

Jonathan Adashek just announced during a "MCC U.S. Huddle with Jonathan Adashek."

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Post ID: @OP+1rvxlL41

14 replies (most recent on top)

Which parts of the Canada organization are doing RAs?

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Post ID: @vtrb+1rvxlL41

I want break free

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Post ID: @uuow+1rvxlL41

https://www.youtube.com/watch?v=WUOtCLOXgm8https ...

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Post ID: @uztg+1rvxlL41

Is Adashek gone ? Sublett was a DEI hire, that's why she still doesn't have a real job.

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Post ID: @uuek+1rvxlL41

Canada got the RA news today. Its trickling down now.

Its also the last day of work for those RAed in the US.

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Post ID: @udvm+1rvxlL41

Now 4 or 5 global centers of gravity. New hiring + back fills only in these locations. Consolidating the roles of RAed individuals into fewer teams of larger numbers, reducing cost with lower salaries and lower cost per HC countries: Romania, India, Brazil, Columbia, Slovania. IBM is tossing years of deep skills and critical hands on professional and specialized knowledge to the wind.

Employees forced to use new AI chat bot tools to get HR questions answered during these separation actions. No human voices have been made available. Bad move. If this was a POC exercise, IBM failed.

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Post ID: @tjru+1rvxlL41

@3cne+1rvxlL41 you are right about the 2 most recent CMOs who had short tenure

  • Jonathan Adashek 24 months (2022 - 2024), and said he has no marketing experience
  • Carla Pineyro Sublett 12 months (2021)
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Post ID: @3ifa+1rvxlL41

The problem is with IBM leadership. You can take the CMO office as a perfect example. There has not been clear direction from the top down in the last several years. The turn over rate in this roll is amongst the highest.

Lack of vision. Just listen to one of the CMO all hands calls, or weekly notice to the team. These talks are overly casual, grossly prepared, and poorly delivered. Its so grey that that teams are groomed to be 'agile', and like little puppets managers race to turn on a dime to meet the priority of the month. Who can get the first smiley face sticker on their term paper today? Self promotion through inside 'slack' conversations has reached beyond ridiculous.

Investments in tactic tooling, metrics and tracking are at an all time high in most roles. The time IBM professionals must spend on defending their jobs by leveraging deep analytics with fancy interpretations is the #1 distraction to actual work. And time waster! This practice unfortunately is on the rise and will continue to under-mind the workplace.

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Post ID: @3cne+1rvxlL41

Good advice here if you have been RA’d

https://www.thelayoff.com/t/1rwKCpbC

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Post ID: @1qvu+1rvxlL41

From CNBC: IBM is slashing jobs in marketing and communications
Published Tue, Mar 12 2024 2:58 PM EDT

https://www.cnbc.com/2024/03/12/ibm-tells-employees-of-job-cuts-in-marketing-and-communications.html

Key Points

IBM on Tuesday told employees in a roughly seven-minute meeting that it’s cutting jobs in its marketing and communications division.
IBM Chief Communications Officer Jonathan Adashek led the meeting, according to a person with knowledge of the matter.
In December, IBM CEO Arvind Krishna told CNBC that the company was “massively upskilling all of our employees on AI.”

In this article

IBM+0.12 (+0.06%)After Hours

POLAND - 2024/01/04: In this photo illustration a IBM logo is displayed on a smartphone with Artificial Intelligence (AI) symbol on the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)
POLAND - 2023/09/11: In this photo illustration, IBM logo seen displayed on a smartphone with Artifical Intelligence (AI) symbols in the background.
Omar Marques | Lightrocket | Getty Images

IBM

on Tuesday told employees in its marketing and communications division that it’s slashing the size of its staff, according to a person with knowledge of the matter.

Jonathan Adashek, IBM’s chief communications officer, made the announcement in a roughly seven-minute meeting with staffers in the unit, said the person, who asked not to be named because the news hasn’t been made public.

In December, IBM CEO Arvind Krishna told CNBC that the company was “massively upskilling all of our employees on AI,” after it announced a plan in August to replace nearly 8,000 jobs with AI. IBM said on its earnings call in January of last year that it was cutting 3,900 positions.

“In 4Q earnings earlier this year, IBM disclosed a workforce rebalancing charge that would represent a very low single digit percentage of IBM’s global workforce, and we expect to exit 2024 at roughly the same level of employment as we entered with,” IBM told CNBC in a statement.

The latest cuts come alongside another round of downsizing in the tech industry. So far this year, some 204 tech companies have cut almost 50,000 jobs, according to the website Layoffs.fyi. January was the busiest month for layoffs since March, as Alphabet, Amazon and Unity all announced job cuts.

IBM has returned to growth in the past couple years, but expansion remains muted. Revenue in the fourth quarter increased 4% from a year earlier even as earnings topped estimates. CFO James Kavanaugh spoke of workforce rebalancing on the earnings call.

The company has been trying to fit into the emerging AI narrative, which has been the big story across tech since OpenAI released ChatGPT in late 2022. In May, IBM announced WatsonX, billed as a development studio for companies to “train, tune and deploy” machine-learning models.

The book of business for generative AI and Watsonx products doubled in size from the third quarter of 2023, when it was in the low hundreds of millions, according to IBM’s earnings call in January.

IBM faces steep competition in the enterprise AI realm. Microsoft, Google, Amazon and others have similar offerings, and IBM has long been viewed as falling behind in the AI race, particularly when it comes to making money from its products.

“I think that’s a fair criticism, that we were slow to monetize and slow to make really consumable the learnings from Watson winning Jeopardy,” Krishna told CNBC in December. “The mistake we made was that I think we went after very big, monolithic answers, which the world was not ready to absorb.”

Nearly two years ago, IBM sold its Watson Health unit for an undisclosed amount to private equity firm Francisco Partners.

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Post ID: @1fjz+1rvxlL41

Are they getting rid of jobs permanently or outsourcing the jobs to Asia or replacing with cheaper contractors?

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Post ID: @shf+1rvxlL41

Yes, hits to US employees in the global marketing + comms units this morning. The same group was hit in Europe last week.

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Post ID: @qek+1rvxlL41

IBM laying off in the US? Must be a Tuesday.

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Post ID: @tkh+1rvxlL41

Has he no brain? that's the last thing you want to do as an SVP. He should go.

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Post ID: @qkz+1rvxlL41

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