Thread regarding IBM layoffs

What's our current number?

What's our employee number right now? Wikipedia has us at 380k, but I think we went under that number a while ago by at least 10k.

Also, do we know what region has been hit the worst in the past six or seven years since the major culling has started? Have we taken the full brunt of it?

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Post ID: @OP+URijDOX

4 replies (most recent on top)

I've heard reports of fewer than 25K domestic (U.S.) employees left in IBM. Can that be true?

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Post ID: @ojvd+URijDOX

A good analogy would compare IBM to Bitcoin. There # went up when they were actually a reputable, honest and valued their customers type of Company. Like Bitcoin, I can only say its far less than a hour ago

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Post ID: @3lnk+URijDOX

IBM does not want the public to know, but when in India with clients about 4 years ago the execs there told us there was in excess of 100K employees in India, more than the US. I would agree with previous post that is the right range. The key point is if IBM had nothing to hide or fear bad press, they would disclose the number.

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Post ID: @1tgj+URijDOX

According to the 2017 annual report as of Dec 31 2017 head count was at 366.6k. Since then there has been a layoff in the first q of approx 10k and a Services announcement of another 10k being resourced in 2018 with a remaining 5k not having a place to land. The CFO announced at the end of 2nd q that he had accelerated those numbers into the first half to make up for the Mainframe slowing down. So if I do my math correctly we should be 366.6 - 10= 356.6 and assume the services announcement is 2/3rds of the way done, that would result in 10k being gone with another 5k to hit before year end or 356.6 - 10k = 346.6 with 5 k to go. Assume the goal is approx 340k by year end. Spin off services (non-strategic), right size for fortune 250 accounts, and spin off DASD and Power, and you result in approx 140k being spun off. That results in IBM netting out to 200k before it’s all said and done

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Post ID: @dpp+URijDOX

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