Thread regarding IBM layoffs

20 years of tenure: 2 weeks notice and 30 days pay.

I was laid off in the 2/13/2018 round and my last day was 2/28/2018.

I was an award winning Cloud Seller with almost 20 years and just turned 50. Although multiple IBM Executives; including Exec VP, VP's, WW GM, Managing Director and Client Executives lobbied to either delay my separation or stop it, none were successful.

I received multiple calls from executives saying the same thing, that this is "crazy", "insane", "inexplicable" and that, "the left hand doesn't know what the right is doing".

I too received the now infamous September 2017 letter stating that I was under 75% of my quota and if I did not end the year above 75% that my job would be "at risk". My 3rd line then had an all hands call two days later and stated to disregard the letter as our jobs were not at risk.

My "package" was 2 weeks notice and 30 days pay. As I've learned from my friends in non-IBM HR, this is a, "complete insult" and a similar package would be offered to someone with the less than 5 years... Maybe even just 1 year at a company.

I have to think that with last few rounds of layoffs and the rumored pending ones; that IBM will have to start laying off "up the chain" into management/executives. How many managers can you have with only 2 or 5 direct reports? And how many VPs of Cloud do they really need?

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Post ID: @OP+S6Jhoiz

7 replies (most recent on top)

@S6Jhoiz-1lav

Thanks for the positive words. It's all good on my end. Lots of opportunities. Glad that you are doing so well.

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Post ID: @4tbr+S6Jhoiz

"the left hand doesn't know what the right is doing", sums up IBM as a whole not just this scenario

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Post ID: @3ycx+S6Jhoiz

If you are over 50 and male they will make up a rule especially for you.

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Post ID: @3aeg+S6Jhoiz

Yet they have money to push the agile crap?

How pathetic IBM has become.

An RA is probably a blessing in disguise for many.

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Post ID: @1noa+S6Jhoiz

For a company so rich . It is a real shame !

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Post ID: @1hvg+S6Jhoiz

I am sorry you have to go through this and 30 days severance is pathetic after 20 years. I hung arround after 20+ years thinking the six months severence provided a level of security but I left a year ago because the writing was on the wall after seeing my high performing peers being taken out and 30 days severence was too much of a risk to take. Now I laugh when I hear of 10 or 15 IBMers flying in for a meeting with one or two people at a client, while five layers of sales management would spend hours on calls negotiating with themselves over how much revenue / profit to give away on a deal when there is no real sales opportunity. I am so much healther and happier In my new job. No Daily / weekly fire drills to discount a deal to get some revenue a week or month earlier and loose all credibility with your customer, no sales connect, a company where you the employee is not the enemy and you are valued, a holiday party, a year end bonus in addition to your commission. Feels so good now when I win and take revenue away from IBM. Life is better now, I am optimistic about the future instead of numb at IBM.

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Post ID: @1lav+S6Jhoiz

It look like you got rule 70. Your age plus terms of service = 70.

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Post ID: @1lpc+S6Jhoiz

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