Topics regarding layoffs at IBM

Topics regarding layoffs at IBM

Kyndryl Layoffs

https://twitter.com/TheLayoff/status/1641156498255429643

Will there be more major layoffs this year?

Most restructurings happen in the spring so the costs of the restructuring can be recouped in the current year. IF IBM is going to make a major move, I would expect they will account for it at 1st q earnings, and implement over the remainder of... — read more 

Threatened and harassed

I was threatened and harassed on my exit of IBM, and my personal phone searched by CIO. This seemed not right and I heard a lawsuit was being opened against IBM and the CIO, specifically NN (actual name withheld). Does anyone have information about... — read more 

Cutting the dividend

The current revenue could support the current headcount just fine if the company wasn't slavishly devoted to maintaining and increasing the dividend. Cut the dividend and maybe you could fund real product development again, rather than just buying... — read more 

Retiring email

Is it considered a good practice to send a farewell email to a list of IBM colleagues. I am retiring soon. There were some people I really will miss.

I'm a 56-year-old laid-off IT worker looking for a job. I have a hunch I'm not having luck due to ageism. How do I prove it?

Information that a number of folks may find very useful. https://www.businessinsider.com/how-can-older-workers-prove-ageism-and-age-bias-in-hiring-2022-11 By: Rebecca Knight Updated: Mar 27, 2023, 2:27 PM _I'm a 56-year-old IT specialist with a... — read more 

D-Day 3/30

You all might as well take the rest of today off because by next Friday you will have already received your walking papers.

This post made my day

IBM missed so many boats you would need a couple of super computers to keep track!!! @whoever wrote this, thanks for the laugh.

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Post ID: @OP+1lLQYHdF

Grass is greener on other side

If you work for IBM and are not ready to retire, you should start looking for jobs while still employed. You will not receive decent raises unless the company starts making money. I was laid off during Covid in June 2020. It was the best thing IBM... — read more 

Raises

Looks like 2% budget this year for raises. IBM’s workday shows market movement is around 4% average for engineer job roles. I know folks are expecting even higher to combat the 15% inflation. Looks like IBM could be claiming the competitions layoffs... — read more 

Better sooner than later!

The wave needs to move faster!! Most restructurings happen in the spring so the costs of the restructuring can be recouped in the current year. IF IBM is going to make a major move, I would expect they will account for it at 1st q earnings, and... — read more 

Ginni Rometty Learned How to Use ‘Good Power’

“Some of the biggest lessons I learned about power were about how not to lead,” Ms. Rometty, 65, said over video from her home in Naples, Fla. Heartily agree that she was wildly successful in not leading while CEO. Plus, she's clearly got... — read more 

When did the current hiring freeze start?

I was offered and accepted a position about two weeks ago, originally with a late March start date that turned into "sometime in April." I was informed earlier this week that it would now most likely be in May, but they can't guarantee that because... — read more 

The coming layoffs will be brutal

Top performers, top-skills, remote workers are in the crosshairs. we are told that we can replace them with workers in India. When did it become India Business Machines? This is going to hurt the clients more than anything else.

Cost of living

Did IBM give any raises for inflation cost of living? its like 15% last 2 years. Everyone should get at least 15% raise.

IBM snaps up DNS specialist NS1

Plenty of money for M&A. Also, we mourn the brethren about to fall. https://thestack.technology/ibm-ns1-invests-netbox/

Got GDP?

Supposed to be payable March 1st. Don't know if it is deposited as its own separate payment or included in the next regular paycheck. If you got it, what percent?

Massive layoffs coming to IBM HR

Get ready folks - sounds like massive layoffs are coming for IBM HR/TA soon.. Apparently top performers not safe. Post any info you have on these layoffs here.

What has Arvind Krishna done for IBM?

Officially IBM saying about Arvind's accomplishments: "Arvind Krishna is the Chairman and Chief Executive Officer of IBM. As a business leader and technologist, he has led the building and expansion of new markets for IBM in artificial intelligence... — read more 

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