From a post from earlier today on the RH board: @Ihlt+1uJ74o5i

That's like saying Bob divorced Alice over voices in his head. Buzzwords nonsense parroting in MSM. https://www.businessinsider.com/layoffs-sweeping-us-these-are-companies-making-cuts-2024#beyond-inc-plans-to-cut-20-of-its-workforce-1 They say... — read more 

https://www.thewirechina.com/2024/11/10/the-tipping-point-foreign-companies-china/ second-largest economy, who needs it anyway !!?

How likely is that there will be IBM layoffs? Any chatter, news or rumors?

https://www.thehindu.com/sci-tech/technology/amazon-ceo-denies-full-in-office-mandate-is-backdoor-layoff/article68835133.ece

I know I am and I know some people who are, but I also know a lot who are happy here. How? Being overworked is the norm. More responsibilities keep piling up, but pay stays the same. Once a certain pay level is reached, RAs happen, and someone... — read more 

https://www.itjungle.com/2024/11/04/ibm-hikes-hardware-software-and-services-prices/

Let’s see if IBM has confidence in itself to do a large share buyback, it’s got the cash.

https://forums.theregister.com/forum/all/2024/10/24/ibm_q3_2024/ "The bean counters must be counting the days/years until the defined benefit pension plan obligations cease" ... — read more 

and the latest report reveals that debt has grown

Did anyone watch the cringe fest that was the last 6 mins of the F&O all hands call? Is this what we've come to?

Does anyone in this chat have actual RA and/or layoff numbers for IBM? Its kinda hard to understand the degree things are fair or bad without actual data

Alvind is schmoozing with Modi in India while the next RA is going on in the US. Nothing more than the usual AI and Quantum hype about IBM from this j*rk of a CEO eagerly waiting for his January 2025 bonus. But he doesn't like any negative... — read more 

Does anyone have any idea what AK was referring to (see below) when it comes to HW going from a head wind to flat? That infers a lot of cost take out has occurred And I know we don't talk on Infrastructure and you acknowledge the mainframe cycle... — read more 

I cannot believe the BoD doesn't kick Alvind out already. All his hype is blowing in their face. Just examples... remember how Alvind tooted helping Intel with fabs technology? ... — read more 

The message is clear for NA and EMEA employees. https://www.linkedin.com/posts/arvindkrishna_quantum-activity-7256658461172625408-l4Vf

Or, in other words, IBM had financial issues, lowered salaries, laid off many silently and then name-dropped a buzzword as the excuse du jour. https://www.businessinsider.com/big-four-consultancies-deloitte-ey-cut-staff-pwc-accenture-2024-10

"IBM's shares fell about 4% in extended trading after rising more than 40% this year, as investors bet on the company's potential to benefit from generative AI through its software and consulting... — read more 

Is IBM HR stealing the interest from them yet ?

... — read more 

IBM's Financial Engineering: Workforce Rebalancing https://www.discerningreaders.com/ibm-financial-engineering-workforce-rebalancing.html "Workforce rebalancing is an unrealized financial promise because the last of these conditions—operating at the... — read more 

https://www.darientimes.com/news/world/article/stock-market-today-asian-markets-mostly-fall-19859731.php Total Debt (mrq): $60,130,000,000 https://finance.yahoo.com/quote/IBM/key-statistics/?p=IBM

Horrible results. A pig beautified with nonsense comments of adding a $billion of AI related revenues to the "backlog" etc nonsense and saying a 2% growth in "constant currency" - yeah that's much better! In inflation adjusted $$ looks like IBM... — read more 

"I'm reminded of the tale of the peasant who was trying to teach his donkey to go without food to save money. He'd almost succeeded but it died." https://forums.theregister.com/forum/all/2024/10/24/ibm_q3_2024/

https://finbox.com/NYSE:IBM/explorer/total_debt

In its last few quarterly results announcements, IBM has trumpeted unexpectedly strong growth in its mainframe business, and that's helped the technology titan to just-about deliver promised mid-single-digit revenue growth in constant currency. But... — read more 

https://finance.yahoo.com/video/ibm-stock-very-depressed-given-224251293.html Sounds like Alvind is a chronic underachiever and bed-wetter...all the more reason to dump the imbecile.

Consulting and Infrastructure have the targets on their backs. . . https://www.cnbc.com/2024/10/23/ibm-earnings-q3-2024.html

The AI house of cards is already collapsing. Hope everyone sold their shares before this announcement. https://www.barrons.com/articles/ibm-earnings-stock-price-da520f61 IBM beat earnings estimates in its latest quarter. but its 1% revenue gain... — read more 

https://www.itjungle.com/2024/10/23/rpg-code-assist-is-the-ki-ler-app-for-ai-enhanced-power-systems/ This sure seems to show the Enterprise strategy merging over Z and Power NOTE the AI automation also coming to the forefront (eg AI modernizing... — read more 

Out of Sri Lanka. That doesn't bode well for the future.

Outsider named today. Makes absolutely no sense. Most of top marketing leadership more than qualified but passed over. Expect both voluntary and involuntary exodus.

IBM in California. https://www.marinij.com/2024/10/21/economy-jobs-tech-layoff-intel-applovin-gigamon-san-jose-bay-area/ https://archive.is/lqoIq

Dream on ! Another Watson Healthcare debacle in the making but brought to you by Alvind... — read more 

Focusing on skills can also be a way to keep people within an organization, not just hire them, according to Jon Lester, the vice president of HR technology, data, and AI at IBM. He told BI that nearly a decade ago, the average ... — read more 

Q3 results coming up this week. If the analysts are correct, then it's certainly time to sell before the smoke and mirrors are removed and the inevitable correction occurs. ... — read more 

https://www.businessinsider.com/layoffs-sweeping-us-these-are-companies-making-cuts-2024

[English translation below article link]. https://sindpd.org.br/sindpd/site/noticia.jsp?IBM-integra-lista-de-33-multinacionais-investigadas-por-formacao-de-cartel-no-Brasil;-saiba-quem-sao&id=1728659964862 Workers may have been harmed by the... — read more 

https://headtopics.com/us/massive-layoffs-at-cisco-and-ibm-erase-hundreds-of-bay-area-59294180

The two "I" and Cisco. Nice company. https://newsable.asianetnews.com/business/meta-lays-off-employees-across-platforms-including-whatsapp-instagram-and-more-gcw-slhkyx