"IBM, Intel, SAP and others -- have announced job cuts.." https://timesofindia.indiatimes.com/technology/tech-news/indian-it-companies-witnessing-silent-layoffs-what-the-industry-body-says-number-of-job-cuts-and-more/articleshow/110543957.cms

IBM brings back bonuses for top execs even as profits slide https://uk.sports.yahoo.com/news/ibm-brings-back-bonuses-top-022655035.html

Over a week now Red Hat fails to deny the layoffs when approached by the media (The Register). That means there's nothing to deny, i.e. denying it would constitute a lie.

A potential legal problem? https://techrights.org/n/2024/05/26/IBM_Red_Hat_Failing_to_Meet_Its_WARN_Obligations_in_NC_STATE_OF.shtml

I know this been asked many many times before, but why is it that IBM top executives not put on a PIP when they do not meet revenue goals? In the global markets, if you do not meet the mandated minimum percentage of your full year quota, you are put... — read more 

Sheer puffery. https://www.yourtechstory.com/2024/05/24/ginni-rometty-pioneering-leadership-at-ibm/

If there's any doubt that all this DEI nonsense is dying, this should confirm it. https://mea.newsroom.ibm.com/IBM-launches-Software-Lab-in-Riyadh

https://www.theregister.com/2024/05/20/red_hat_prunes_middleware/

Source: https://www.rsuibmsegrate.altervista.org/20240516.pdf One year ago, in early May 2023, our CEO Arvind Krishna told Bloomberg that he could easily see 30% of our non-customer-facing roles such as Human Resources getting replaced by Artificial... — read more 

What is the technology sales environment like at IBM these days? I am hearing it is a difficult toxic environment to work in with hefty sales quotas and PIPs immediately if you do not meet the full year sales quota. What other large company is any... — read more 

Irish Business Machines. . . https://www.rte.ie/news/business/2024/0516/1449386-ibm-to-create-800-new-roles-in-ireland-over-three-years/

https://finance.yahoo.com/news/palo-alto-networks-ibm-jointly-203000584.html

If you want to save your job, read a piece titled The Hatchet Man's Playbook. It's all about the dirty, underhanded tricks unscrupulous employers and co-workers use to to snake your job and how to beat them. Can't recommend it highly enough!

A post on zerohedge.com describes the woes of Red Lobster, which is quickly going out of business. Does this headline seem oddly familiar? "Red Lobster Abruptly Closes Dozens Of Locations, Loses Its Key Supplier And Begins Fire Selling Kitchen... — read more 

So much for "near-shoring". . . https://restofworld.org/2024/ibm-lawsuit-brazil/

http://www.tikalon.com/blog/blog.php?article=2024/IBM_100 The article highlights IBM's remarkable longevity compared to the typical ten-year lifespan of most companies. Founded in 1911 and renamed IBM in 1924, the company thrived under the... — read more 

I haven’t found anything IT after fifteen months. I hear the average time for finding a new job after layoff is 6 months but I am doubtful. Me: 52 y/o male, 27 yrs in tech mostly on the software side with about 2 y sys admin back in the day when... — read more 

https://www.dailymail.co.uk/news/article-13400269/IBM-Red-Hat-SUED-culling-white-men-CEO-punish-DEI-targets.html

HashiCorp will retain its name and the Terraform brand. The 2,200-person company will report to Thomas’s IBM software group in its own division, and Thomas said IBM isn’t planning layoffs. So there will be RAs. @8six+1siiwg59 — read more 

IBM is a 20-30k employee company that employs 10 times that many, even after selling off most of its lines of business. IBM's sole sources of consistent, stable income at this point are mainframes and legacy software. Poughkeepsie, San Jose, RTP and... — read more 

https://stlawyers.ca/blog-news/layoffs-in-canada/

Seems strange that his chat with the CEO meetings have been changed this past month about 3-4 times now. Something is in the air and maybe it's the 20% price drop from 199/share early March to 165 at Friday's close. My manager has canceled 1:1s and... — read more 

I was an ex IBMer who got RAed recently. During my 10 year tenure, i saw nothing but customers getting runarounds from IBM executives while getting charged hefty premium for services. Any demands from customers were either met with excuses on why... — read more 

Easy. Since "AI" is a meaningless buzzword these days, it can mean anything anyone wants it to mean at any time, either to say layoffs are justified or not... or... does the CEO love name-dropping buzzwords?

[old] https://uk.news.yahoo.com/finance/news/ibm-took-200-million-charge-000221516.html

Read this: https://www.nextplatform.com/2024/04/25/ibm-buys-hashicorp-to-control-the-alternative-to-red-hat-kubernetes/

https://www.axios.com/2024/05/01/ibm-sarah-meron-chief-communications-officer

So IBM pays 5k for relocation expenses. The smart thing to do would be to store 5k in a separate bank account and pretend you will relocate while doing the bare minimum. This is equivalent to 4 months of pay at the expense of IBM while you actively... — read more 

https://www.itjungle.com/2024/04/22/lightedge-acquires-connectria-to-round-out-each-others-power-play/

Since I turned 50, I realized how precarious my position is here. Knowing that my days are most likely numbered has been strangely liberating, though. I no longer fear being let go. I'm in a new state of mind where I accept that if I have to go... — read more 

After seeing the new acquisition of hashicorp from IBM, it got me wondering, how many of these were actually successful? A quick look at Wiki and its astounding how many companies have been su-ked into IBM. I am trying to think, out of all them -... — read more 

We can’t have a company we acquired continue to run things as though we don’t exist. It’s an absolute mess when you have managers whose sole job is to conduct skip level meetings (well, they also have to travel but that’s perks when you have made... — read more 

Manager meeting was today all impacted employees will be notified tomorrow (Tuesday). Employees further than 50 miles from a "strategic" site will have to relocate or separate. Ironically they are calling this one "Software Co-Location" rather than... — read more 

Rafi Ezry says employees let ibm down in all hands meeting. Still shocked by his comment.

"They also just laid off in Mexico without any notice last day was yesterday." https://www.thelayoff.com/t/1sbD31oW

How AK $34B buying Redhat has done? Has IBM got a ROI and revenues growth after so many years since buying? AK has discovered a trick to stay the CEO. Spending billions to get a new lease on his job as now he needs be allowed the time to complete... — read more 

"IBM (NYSE:IBM) (IBM) stock slid 8.6% on weak first-quarter earnings, while the firm also announced a $6.4 billion deal to buy software company Hashicorp (HCP), up 4%, expanding its cloud-based software products to tap into an AI-powered bo-m in... — read more 

Anyone who thinks that AK isn't in touch with former CEOs and vice versa, is deluding themselves. Get ready for the imminent RTO announcement for everyone, managers as well as... — read more 

https://www.straitstimes.com/business/companies-markets/ibm-falls-on-weak-consulting-sales-overshadowing-hashicorp-deal

So much for that AI bump. Will need more RAs than forecast to offset that. https://www.cnbc.com/2024/04/24/ibm-q1-earnings-report-2024-ibm-to-acquire-hashicorp.html