Axed last week. Watson Health... They are keeping about 15 people to close the shop, will happen in early 2019.... This round of cuts is much bigger than anyone is reporting, they care cutting deep and wide, there is no recovery from this one. I am talking, dev freezes, project shutdowns, deadlines and SLAs breached, etc... We all knew it was coming but nobody expected it'll be this fast and rampant...
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Is this the Phytel team? How do they plan to get new product out the door and take care of customers if they lay off that many staff?
What products are being dumped?
The fact that they are laying off deep and wide on the Watson side tells you about the amount of realized and anticipated revenue coming from there.
It's not looking good.
The question is how much money is really Watson making? Revenues are bleeding everywhere, the only way to keep earnings stable is to cut cut cut anything that is not making money. Is Watson making any money? I guess is it not making money and IBM does not know how to fix anything that does not make any money... so they cut cut cut... no surprise here!
can confirm, wife was laid off. there is a similar anon update WIBM as well. they cut everyone except the sceleton crew