The complicating factor for investors is that IBM won’t say how much of its revenue is tied to AI. Krishna says the number is impossible to compute. “Our mainframes have AI circuits—so is the mainframe business AI? I am going to do ... — read more
International Business Machines Insiders Sold US$5.6m Of Shares Suggesting Hesitancy
Rats are slowly jumping ship. https://finance.yahoo.com/news/international-business-machines-insiders-sold-140104767.html
Who is the worst technology company for layoffs?
In Looking at the layoff Web site for IBM, HPE, Microsoft, Amazon, etc, there are numerous negative post for each. Who is the worst IT vendor company here in terms of treating their employees like cr-p? Of course I heard Oracle takes the icing on... — read more
IBM didn't play its cards right
I was in the organization (I won't say where) of GTS that came up with the "on demand computing" and "utility computing" concepts. It's rear view thinking at this point, but on a Gartner quadrant chart IBM would have ranked high in vision but... — read more
Law firm
What law firms have people talked to in the past about RAs and potential discrimination?
Will IBM's AI Investments Actually Pay Off?
Is Motley Fool a wholly-owned subsidiary of IBM? https://www.fool.com/investing/2023/06/27/will-ibms-ai-investments-actually-pay-off/
This is the way
The managers get told who to let go and the HT drones and Legal provide a script on what to say. They can't grow a business so just keep dumping people and move the work to low wage countries. Why are people still surprised by this? This has been... — read more
Rob Thomas is the single most worse thing for IBM
Rob Thomas is the single most worse thing for IBM shareholders and employees. This id--t reads something on the internet and tries to shift the entire company toward it. He is the biggest scam artist ever. Make some more videos, and no one believe... — read more
Preemptive signal of a Dec. RA in the US !?!?!
HR just sent a memo that the payment date made in 2024 for 2023 US GDP performance is being moved from Mar 15 to Apr 8 under the guise to give Mgrs. more planning time ... haha, yeah right :) Since Checkpoint Reflections typically close out in... — read more
Question on Employees of IBM Acquisitions
I am wondering how employees of entities that IBM acquires are treated long term. Do they typically stick around for a 6-9 month transition/knowledge sharing timeframe and then get let go or do they have any viable longer term future at IBM? What... — read more
Engineering students spend 4 years in college and nearly
A quarter of a million dollars in college education; Then they get a job at companies like IBM to get replaced by cheaper work visa employees who have been brought over here: what a cool system!
Not allowed to hire Americans for back-fills
https://www.reddit.com/r/IBM/comments/154zqq4/not_allowed_to_hire_americans_for_backfills/
Steve Jobs Quote that applies to IBM
I came across this Steve Jobs quote which aligns with IBM - particularity with the sales executives and management. Guess which part of the quote? “In weak companies politics win, in strong companies best ideas win”. This is a big reason why top... — read more
IBM reports earnings beat, but misses on revenue
The company’s infrastructure division, which includes its mainframe sales, declined 14.6% to $3.6 billion in revenue. The drop was driven by lower revenue from its Z Systems servers, which were down 30%. As goes Z Systems, so goes the... — read more
IBM Remains America's Worst Big Tech Company
https://247wallst.com/technology-3/2023/07/20/ibm-remains-americas-worst-big-tech-company-2/
The innovative culture of IBM is gone
The company used to respect technical skills and engineering. It used to care about innovative products but now it seems there’s a realization at the top that it’s hopeless now and it’s all about financial engineering and squeezing the last drop of... — read more
IBM workforce reduction notice
I amd a B9 and was given perm workforce reduction notice by IBM earlier this week . My manager tells me he had no choice and has done nothing to help me get any extension. I am still shocked how this is possible and why they would pick me from... — read more
Sourcing org
So layoffs in IT sourcing are happening every month. I guess it goes with the territory of companies not spending money with IBM
If you put $1000 in IBM stock 20 years ago, today you'd have
https://finance.yahoo.com/news/youd-put-1-000-ibm-165017689.html If you put $1000 in IBM stock 20 years ago, today you'd have $2918. If you put it in the SP500 you'd have $6653. The 20 year Treasury Bond rate in 2003 was 5.02%. Just buying a... — read more
Affected by RA in IBM consulting today
Got the dreaded call today . IBM sent me a benefits package to sign with 30 day notice and severance ending my employment My questions Does Federal or State WARN act apply here as IBM has been laying off many people this year through RA cause... — read more
Companies owe employees work-from-home costs during COVID shutdown, court rules
Surely IBM will appeal this ruling. https://www.sfchronicle.com/politics/article/ibm-employee-costs-18195834.php After Gov. Gavin Newsom issued his stay-at-home order in March 2020, at the outset of the pandemic, some companies said they wouldn’t... — read more
Is there any will to grow this company?
It is sad that this has become a shrinking company run by the leadership without any vision for growth.
Innovation at IBM
I absolutely agree that innovation is no longer in this company's DNA like it used to be. But why? Is it because there is now a lack of enthusiastic talent that used to be plentiful here, or is there some other reason?
A culture of losing in consulting
IBMers have become so used to losing that we just accept that we can’t grow anymore. We have consulting “offerings” that either nobody wants or respects — or doesn’t exist like our GenAI smoke and mirrors getting pushed now. Meanwhile we have... — read more
GDP bonus and salary appraisal
Do you know how much was GDP and raises this year? If any?
IBM ki-ls its Education Cloud after just two-and-a-bit years
This the start of IBM moving off providing its own Cloud. Boville going was the first salvo... Give it two years and IBM will not have a Cloud at all. https://www.theregister.com/2023/07/04/ibm_deprecates_education_cloud/
IBM Throws Weight Behind Japan Chip Startup It Sees as Vital
All subsidized by the U.S. taxpayer via the CHIPS Act. https://www.bloomberg.com/news/articles/2023-07-02/ibm-throws-weight-behind-japan-chip-startup-it-sees-as-vital By: Takashi Mochizuki and Yuki Furukawa July 2, 2023 at 6:00 PM... — read more
IBM could be so much more
If only we could find proper people with enough experience and knowledge to lead the company. Sadly, we seem to be stuck with leaders (if I can even call them that) who have limited knowledge, a limited arsenal of solutions (RAs, RAs, and more RAs)... — read more
Howard Boville is out!
Howard Boville is out in latest management shakeup. Who would be next?
ohh looks like a bit of a RA at IBM
so many LinkedIn messages saying this is my last day, been at IBM for x years ( most are over 10 from what I've seen)
I want Ginni back
Even she was better than what we have now.
I like what Arvind's Red Hat is doing
That will ki-l off all those freeloaders like CentOS, Rock Linux, Oracle Linux etc. You should make RHEL incompatible with other Linuxes.
Post PIP timeline for retirement eligible
Say PIP ends on 7/31 unsuccessfully; it sounds like retirement happens on last day of month regardless of reason. It also sounds like 8/31, and not 7/31, would be that date ("If PIP is not successfully completed then retirement starts on 8/1 and... — read more
IBM could learn from Audio-Technica
Are there any audiophiles in the house? Audio-Technica is a Japanese company that makes some of the best audio equipment in the world. Microphones, headphones, turntables, magnetic cartridges, you name it. They've been around since 1962. In the... — read more
Very little gets created in house
Short term pain, long term gain. Right now IBM is circling the wagons around a product set that is mostly dwindling in market share. Very little gets created in house due to underfunding of dev, then we overpay to buy companies with new products. If... — read more
IBM Nears $5 Billion Deal for Software Provider Apptio
$5B, eh? Squeezing all the existing organizations' budgets so that it can all be funneled towards M&A. https://www.wsj.com/articles/ibm-nears-5-billion-deal-for-software-provider-868942ce By: Laura Cooper and Lauren Thomas June 23, 2023 7:49... — read more
Red Hat has announced it will be limiting public access to Red Hat Enterprise Linux (RHEL) source code to CentOS Stream.
The move will make CentOS Stream the sole repository for public RHEL-related source code releases, according to the company. Source https://www.techcentral.ie/what-red-hats-source-code-restrictions-mean-for-businesses/
Tired of the official and unofficial layoffs
I’m tired of the BPIPs, RA’s and non-stop exits. Every. Single. Day. Nobody seems safe either. Delivery people, 100% billable, have been let go. Partners and senior partners that actually know how to sell have been let go. I know there used to be... — read more
Acquisition of Agyla SAS has furthered IBM’s Hybrid Cloud Consulting Capability in France
We mourn our soon-to-be-fallen brethren at Agyla SAS. https://thesiliconreview.com/2023/06/acquisition-agyla-sas-hybrid-cloud-consulting