Word on the street is that the execs are waiting to take stock as far as how many people leave after becoming eligible for the yearly 401k match on Dec 15, and as a result of the forced relocation policy, and will then decide how many to axe as part of the next big RA and reorg in January. Anyone planning on exiting after receiving their 401k match? For me, I'll probably wait until end of January so that I can collect my 4Q commission/bonus payout, if I make it that far. Goodness would be getting that, and also getting RA'd for whatever paltry package still remains, and also unemployment. IBM is very unlikely to hit their numbers for 4Q and 2016, and have to readjust guidance for 2017, so the stuff will hit the fan when that happens sometime between now and the earnings call on Jan 23.
1 reply
Scary
Good post ibmer