The more talk in this direction, the better! http://247wallst.com/technology-3/2017/08/07/the-5-candidates-most-likely-to-replace-ibm-ceo-rometty/ The turnaround at International Business Machines Corp. (NYSE: IBM) led by “Ginni” Rometty, who took... — read more
You’re Fired! No, Wait, Please Keep Working
"Everyone knows about the increase in hiring in the U.S., but American workers are getting laid off less too" Really? Perhaps the journalist overlooked IBM for this article?... — read more
JOB OFFER / HIRING FREEZE
It has been almost a year since I first applied for a position that's a 100% match with my skillset... I've worked three fairly short term contracts since then and I really do not want to do yet another one. Do you know if they have an intention of... — read more
Co-location issue
Co-location is sending waves through Cloud division - must move 50 miles from major sites - NY, San Francisco, Austin, RTP, Littleton, Atlanta. No details about when or where for each team; also most of these sites are in high/very high real estate... — read more
330 GB-ers IBM cartidge...
Kudos for the team... https://www.theverge.com/2017/8/2/16074568/ibm-330-terabytes-record-uncompressed-data-cartridge-cartridge-tape
Fear of China’s Retaliation Hinders U.S. in Trade Dispute
"International Business Machines Corp., which has licensed semiconductor technology to Chinese firms, has taken a softer line. Chris Padilla, an IBM vice president, said in May that while the U.S. should insist on a principle of reciprocity when it... — read more
Weather.com has been "blue-dipped"....
Is it me, or, has weather.com become almost useless in the last year?
Fifty years in, IBM is still shaping Austin’s tech sector
I'm sure Ginni will be able to easily pare that back to 500 employees very soon, or even zero, so as not to achieve a 51st year. "IBM’s Austin workforce grew from 500 people working at a typewriter plant in 1967 to an estimated 6,000 today."... — read more
Reports: IBM layoffs hit Watson Truven Health group, including RTP
http://wraltechwire.com/reports-ibm-layoffs-hit-watson-truven-health-group-including-rtp-/16850624/ Research Triangle Park, N.C. — IBM Watson employees at various locations around the country found out Friday night they are losing their jobs. Watson... — read more
IBM Cloud Contractors
A bunch of contractors in Cloud were let go also. Is this company-wide? These were not former IBMers that came back as contractors - seems like it is every contractor. No consideration of whether they were essential - 1st and 2nd line managers had no... — read more
Happy birthday Ginni
Well she turned 60 today. Will she retire on Monday? One can only hope.
Watson Health laid off contractors
Truven Health, a part of Watson Health just laid off 2/3's of it's contract workforce. Contract recruiters were told to hold off until 5:00 on Friday to inform their workers. These were contractors who were promised to become FTEs in 6 months when... — read more
IBM: The Incredible Shrinking IT Vendor
A long read, but by far, the hardest-hitting piece yet on IBM's 2Q17 and in general: author really let's them have it! https://seekingalpha.com/article/4091141-ibm-incredible-shrinking-vendor
Lost of Tech Edge
The technical culture has degraded since the loss of Nick Donofrio (if you are recently joined see this https://en.wikipedia.org/wiki/Nick_Donofrio) --- Now, couple that loss with a non-technical CEO and a majority of non-technical executives and you... — read more
Co-location has nothing to do with quality or work environment.
It is 100% directed towards laying people off without paying severance. IBM has relocated countless teams and then insisted employees move to be in the same office. When someone refuses, IBM treats them as having quit. The amusing part: IBM is... — read more
U.K. Industrial tribunal fees dropped for unfair dismissal claims. http://www.bbc.co.uk/news/uk-40727400
http://www.bbc.co.uk/news/uk-40727400
Sweden Tries to Stem Fallout of Security Breach in IBM Contract
Another spectacularly bungled job by Big Bleu with the requisite bad press and which should lead to another lawsuit. https://www.bloomberg.com/news/articles/2017-07-24/swedish-government-tries-to-stem-damage-done-by-security-breach
IBM: Even a Blind Squirrel Finds the Occasional Nut
https://www.linkedin.com/pulse/ibm-even-blind-squirrel-finds-occasional-nut-peter-e-greulich IBM Revenues Have Dropped from $107 Billion to $80 Billion in Five Years. By One Measurement, IBM’s 2016 Revenues Should Have Been $147 Billion … … or IBM... — read more
The Boss Wants You Back in the Office
The abstract sums it up -- having all the worker bees in the office and in visible sight range makes it easier to micro-manage and scrutinize their every move. And with Big Bleu's case, this statement here needs some major revision: "This spring IBM... — read more
"Many folks who were gearboxed are being walked out the door this week. " I cant find any updates if this happened ?
Many folks who were gearboxed are being walked out the door this week. See the Watching IBM Facebook site for details. Sorry but the fact that we are all in the dark on what our last day will be is awful .. just put me out of my misery and let me... — read more
Why IBM Shareholders Have Something to Worry About
Even the Motley Fool, which has typically been quite generous on IBM has come to its senses. https://www.fool.com/investing/2017/07/24/why-ibm-shareholders-have-something-to-worry-about.aspx
American IBM may develop and implement Taza koom program
Apparently the Kyrgyz haven't been paying attention to the recent massive IBM-helmed project failure in Australia, not to mention the countless others, like TX State Dept., etc. Poor Kyrgyz are likely being sold a bill of goods & empty promises at an... — read more
IBM, HPE Make List of Activist Investor Targets
The Blue water is turning purple from all the blood and the activist investors can smell it a mile away. http://www.investopedia.com/news/ibm-hpe-make-list-activist-investor-targets/ . . . Wither Watson? Take IBM, which last week reported... — read more
Management is a protected class
Management is a protected class. A few managers get taken out in the RAs but on the whole, they are safe. It's ridiculous, since management directs the work and should be held responsible if the business doesn't do well; so they should be the first... — read more
IBM: Don't Get Caught In A Value Trap
"Whatever IBM is doing, it is simply not working. Their transition to the cloud is facing stiff competition from competitors. I am very concerned that management is now claiming they aren't interested in revenue growth anymore, despite their stock... — read more
Investors Look to IBM Director Michael Eskew for Decision About Company’s Future
"In his role as the IBM board’s independent leader, Michael Eskew has to lead the move to get Rometty out." C'mon, make the decision. Pull the trigger. It can't come soon enough!... — read more
I am hearing that those that were gearboxed are now starting to be RA’d .. does this include all that received the below email ? Thank you
Subject : Roles - Action Required: Identifying Opportunities As we discussed today, IBM has a number of open positions in our Watson Health, Cloud Platform, and Security units, and in Global Business Services, that may match your skills, experience... — read more
Selling Short or Put Option
What's your position right now? Short or put options? Either way, IBM will be making you some serious money. Gearboxed, still no RA - there is more than one way to profit from IBM's demise even though I am certain I'll be RA'd within next three to... — read more
With 5 years of declining revenue, IBM is all in on profits: 'It's easy to get revenue,' CFO says
Ummmmm. . .does he hear himself when he talks? If getting revenue was so easy, then why has IBM's declined for 21 straight quarters? http://www.cnbc.com/2017/07/18/ibm-earnings-cfo-martin-schroeter.html
Leading analyst says IBM stock could fall 18% and Watson won't save the day
IBM's stock is poised to fall 18 percent and the company's AI supercomputer, Watson, won't move the needle, Jefferies' James Kisner told CNBC on Wednesday. . . . "The whole cognitive software market for artificial intelligence was $1.5 billion last... — read more
PMA (Portfolio Management Action)
Take this with a grain of salt, however... It looks like a new large IBM RA program is underway, folks are already departing. The early indications (also see Watching IBM) are that most of the folks affected are in the Gearbox program - but there are... — read more
Immediate terminations already started?
There is a watching IBM post on facebook that says it's already on. Immediate termination this time (pretty much, last day of work is this month!) with two months severance pay and six months of health insurance at the same rate you're paying now... — read more
IBM continues to promise a rosy future while reporting a stagnant present
We promise, it'll get better soon, just be patient & keep waiting. http://www.marketwatch.com/story/ibm-continues-to-promise-a-rosy-future-while-reporting-a-stagnant-present-2017-07-18
Morale at IBM
Got an email about Engage@ibm.com.. 'A brand new way to make IBM an even better place to work.' They want suggestions on how to improve the continued poor morale. Really? I've got plenty of suggestions but with all that has gone on over the past many... — read more
This is a bad joke
So, after five years of sliding sales, leadership still sings the same old "we are optimistic" song? I am sure it's easy to be optimistic about the future when they know their jobs are not in jeopardy... — read more
Management needs to go
Any management team that ruins a once bellwether tech company should be eliminated by shareholders at the earliest opportunity. They should be given time to pack their belongings and exit, and should be denied their pension. IBM's many layers of... — read more
Memo To IBM's Board: THINK About Replacing Virginia Rometty
https://www.forbes.com/sites/ryanwibberley/2017/07/19/to-save-ibm-rometty-needs-to-go-big-or-go-home/2/#1e3572f1be89 Fool me once, shame on you; fool me 21 times, shame on IBM's board. (I have no financial interest in IBM securities). This comes to... — read more
To Save IBM, Rometty Needs To Go Big Or Go Home
https://www.forbes.com/sites/ryanwibberley/2017/07/19/to-save-ibm-rometty-needs-to-go-big-or-go-home/#2315c31a7ac0 What is the real difference between Facebook, Amazon, Apple, Netflix, and Google—the companies making up the FAANG acronym—and IBM?... — read more