https://www.crn.com/news/computing/red-hat-to-lay-off-over-700-employees-report
She's going down
https://wraltechwire.com/2023/04/24/red-hat-cutting-hundreds-of-jobs-ceo-says-in-letter-to-employees/ Not to worry, CEO did say “We will not reduce roles directly selling to customers or building our products".. right ? right ?
Salary increases
If you’re recently told you are getting an increase, please post. % BU Band Country
RedHat - Arvind's performance check - ROI of $34B
So Arvind bought RedHat for an astonishing $34B in 2019. What was the return on this investment 4 years total so far? $2B? $4B? $10B? Or is Arvind asking to wait 10 years to judge, just like Ginny asked for her smart planet, Watson, Weather company... — read more
Do You Suppose...
...that the down vote storm is actually a Watson AI bot? It's pretty primitive AI technology but it could be trained on a lot of posts to decide good/bad. It never appears to up vote any post which would make sense with old AI (you don't want to... — read more
IBM looks to M&As after pancake-flat Q1
Always seems to be $$$ for M&As. https://blocksandfiles.com/2023/04/20/ibm-q1-2023/
It's strange but they don't care
There are a lot of things that indicate that those at the top don't care at all about the future of this company, so I feel silly that I still somehow care about this mess being fixed. Just wondering, did any of you ever get the impression that... — read more
How many of you use Red Hat Learning?
At $6,500 seems kind of expensive!
Forbes: World’s Best Employers of 2022
Samsung Electronics Microsoft IBM :-\ Source: https://www.forbes.com/lists/worlds-best-employers/?sh=5ff900e21e0c
IBM keeps hiring despite layoffs, CEO Krishna says; earnings report boosts stock
Big Blue made headlines with recent plans to cut 3,900 workers but it turns out the tech giant is actually adding more talent even with the number of job cuts... — read more
He-l is Abbreviated as “IBM”
Mr Tough Guy in Singapore now has issued PIPs all around. Less than 70%? Then you are on a PIP and will soon be out the company. No matter that the strategy from the Armonk Ivory Tower isn’t working: the poor sales are YOUR fault. Note to the... — read more
GlobalFoundries Files Trade-Secrets Lawsuit Against IBM
IBM spending a lot of time in the courtroom lately. . . https://www.wsj.com/articles/globalfoundries-files-trade-secrets-lawsuit-against-ibm-57e1353b By: Dean Seal Updated April 19, 2023 4:21 pm ET GlobalFoundries Inc. GFS -1.75%decrease; red... — read more
IBM Sees Modest Annual Sales Growth on Strong Second Half
Job cuts may be closer to 5,000 once finished, rather than the previously announced 3,900, he said. Still, IBM hired 7,000 people in the first quarter, he added. Closer to 5K when it's all said and done, eh? Ages and country location of... — read more
No need for laptops
Massive cuts at Lenovo: https://wraltechwire.com/2023/04/19/lenovo-confirms-layoffs-with-computer-sales-plunging-worldwide/
Too many layers of management
There are, and have been, too many layers of mgt at IBM. Top management is too separated from the real lower-level development world. Top mgt cannot see, and does not want to see and be a part of, lower level work. This is not a new problem. .. — read more
Ahana
What is this company (Ok, I know its Presto Db Engine managed service), but what is IBM's strategy to buy it ? IBM runs a closed proprietary database called Db2. Does it mean, it will RA people working on Db2, as it shifts to using Presto ? How... — read more
Does anyone know what's happening In Middle East office?
Hearing some very interesting stories from colleagues there!
We need to send this to IBM leadership
3 Ways Companies Can Stop Gaslighting Workers During Cutbacks And Layoffs Know That The Workplace Is Not A Family Have A Process of Communication Support Your Team After They Are Laid... — read more
IBM said to need ‘nearly pristine’ earnings report to protect its stock
Anyone want to wager on IBM making this mark? https://www.marketwatch.com/story/ibm-said-to-need-nearly-pristine-earnings-report-to-protect-its-stock-79526266
Why is the IBM Building’s parking lot always empty?
Way to manage your assets, IBM! https://www.cleveland.com/news/2023/04/why-is-the-ibm-buildings-parking-lot-always-empty-blame-work-from-home-or-corporate-shakeups.html "CLEVELAND, Ohio — A five-year-old office building is seemingly deserted... — read more
Attrition should be a concern
With everything that is happening in this company, one of the problems that I would be worried about if I were in leadership is that there are still a large number of people leaving. What are they thinking, how will they attract such talents again?... — read more
It's time to see what other options are out there
Hoping that things will improve at IBM has become futile.
Time to update the IBM company profile in the header of the layoff.com?
from ... Revenue information: USD $79.1 Billion (as of 2017, Bloomberg) to ... Revenue information: USD $60.3 Billion (as of 2022, IBM)
Former IBM chief Ginni Rometty on getting results and getting out of chip manufacturing
How's that exit from chip mfg. looking now given the current geopolitical environment? https://www.youtube.com/watch?v=5IQ1DfzAD28
The Colossus That Works (1983 Time magazine cover article)
For those who are too young to know or have experienced it, this long article may be interesting. For those who are old enough, it's nostalgic, but my word how far IBM as... — read more
Just leave the company
Why serve these people any longer? It's very simple, Leave the company. It's modern caste structure in corporations now. The executive/protective class is milking "you the (slave/serf class)" in order to survive. I don't even care if you go back... — read more
IBM's Deteriorating Competitive Advantage In The Age Of Cloud Computing
https://seekingalpha.com/article/4594020-ibm-stock-deteriorating-competitive-advantage-cloud-computing-age-concern-sell
I'll know I'll be over IBM when I stop coming up to this damn site!
I'll know I'll be over IBM when I stop coming up to this damn site! Ok, dang, that's still me, .... though I'm not outta here until May 4th. But for those of you still bitter after more than a year - get counseling! I've been laid off 3 times... — read more
IBM Recent Resource Action
Does anybody the approx percentage of people in IBM consulting - North America let go because of the recent RA that happened . Within that what was the percentage of letter bands (band D and above)
Cutting wrong people
I'm afraid that after these cuts, IBM will regret cutting some of those people, or will eventually have to pay more for necessary replacements. How careful really are they not to RA the wrong people? Damage is easily done but hard to fix.
How do you feel about Arvind's response to the RA?
I watched his livestream today hoping he would answer some of our MANY questions regarding the recent RA, but all he did is say "we are a business" and go on and on talking about stakeholders till I zoned out. I don't even want to look for internal... — read more
I hate that farce
Giving hope to employees who are RAd that they can get an internal job, although it is well known that only a few succeed at it - isn't that highly immoral?
Is this a good offer?
Staff Engineer, Software Engineering $125, 2K stock, 2K bonus
IBM SELL SELL SELL
https://finance.yahoo.com/news/international-business-machines-corporation-nyse-110024290.html RUN RUN RUN
IBM Explores Sale of Weather Business
More companies have been streamlining, either by divesting or spinning off assets seen as noncore, as they pursue more targeted business strategies. Get ready for anything that's "noncore" to be jettisoned however IBM can do it: ... — read more
IBM looking to spinoff Weather
https://finance.yahoo.com/m/9d9e7f56-1152-3796-b0e4-49ed7d7553f1/ibm-explores-sale-of-weather.html
Concern or relief?
Although I know people who wished to be cut, unfortunately, there are many who hoped to keep their jobs and are very worried about how to find a new opportunity on the job market in the near future.
Next Wave of Remote Work Is About Outsourcing Jobs Overseas
When Mexico City-based tech worker Benci Ruiz got an email from an International Business Machines Corp. recruiter in September 2021, she initially thought it was Spam. She now makes around $2,000 a month working remotely as a... — read more
Internal transfer when on 30 day RA
All the information provided says that finding an internal role in 30 days is acceptable. Is this just there for the rare exception, or will TAs consider you for an internal transfer?
NA IBM CIC Layoffs?
Are they laying of at the North America IBM CIC centers?