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
Losing the OS/2 War sealed IBM's fate and this email proves it!
IBM gave up too soon too! http://techrights.org/comes-vs-microsoft/text/msg00176.html
Did IBM ever RA the 3900 projected
or that is still in process. I have a Hunch if wasn't, yet their will be a lot more than 3900 heads that roll.
Kyndryl Layoffs
Global Kyndryl resource action started today
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
IBM’s Most Highly Compensated Executives In 2022
https://www.crn.com/news/cloud/ibm-s-most-highly-compensated-executives-in-2022
IBM slashes dozens from Australian tech consulting arm
It begins Down Under. . . https://www.afr.com/companies/professional-services/ibm-slashes-its-aussie-tech-consulting-ranks-20230320-p5ctns
US, Canada plan North American chip corridor, starting with IBM expansion
The countries did not disclose the amount of IBM's investment in Canada. A U.S. taxpayer subsidized expansion into Canada via money from the CHIPS act. https://finance.yahoo.com/news/us-canada-plan-north-american-211726620.html
You no longer need a college degree to work at these 7 companies
Look who's listed first. And sadly the impacts have been quite evident. https://www.businessinsider.com/google-ibm-accenture-dell-companies-no-longer-require-college-degrees-2023-3 In 2016 International Business Machines Corporation coined the... — 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.
Master thesis on why IBM did not become one of the top three public cloud providers
I want to develop a masters thesis on how IBM did not become one of the top three public cloud providers like AWS, Azure, Google. Was Softlayer the wrong acquisition? Were IBM executives too focused on earnings per share at the time and not... — read more
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
US COVID-19 Vaccination Policy Lifted
Now get back to the office Just in time for your pink slip
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
IBM boss Arvind 'kerching' Krishna paid more than $16m in 2022
KA-CHING! https://www.theregister.com/2023/03/10/ibm_arvind_krishna_pay/
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
US adds Inspur – friend to Intel, IBM, Cisco and hyperscalers – to export ban list
So AK and the BoD will be held accountable for giving aid and comfort to the enemy? https://www.theregister.com/2023/03/06/loongson_inpsur_added_to_entity_list/
Ginni Rometty: IBM CEO on Leadership, Power, and Adversity | Lex Fridman Podcast #362
Almost 2 hour podcast with Ginni. Some real laughers in there. https://youtu.be/XiCxj-bXu5M
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.
Resource Action to address stranded costs impacts Italy, Spain, Slovakia
http://rsuibmsegrate.altervista.org/20230302.pdf
IBM, AMD, Dell, HPE, VMware, Intel CEOs: Key 2023 Investments
CEO: Arvind Krishna Big 2023 Investment: Hybrid Cloud, Quantum Computing Not in or directly involved with one of these two strategic areas, then time for a résumé update and job... — read more
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/
Computer chip funding to require security, worker benefits
The money is meant to support private investment in new factories and can be clawed back if companies use it on stock buybacks instead. Major companies such as Intel, TSMC, IBM, Micron and Texas Instruments have already launched... — read more
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?
Why is one of our SVPs nicknamed Tabasco?
Any reason why he is called Tabasco T...?
Colorado Startup Provides Google And IBM With Hives
Just another virtue signal. Probably boosts their all-hallowed ESG score or something. https://buzz-feed.news/colorado-startup-provides-google-and-ibm-with-hives/
Just get rid of anyone with the word Partner in their title
They are completely useless and the business will continue on without a hiccup
Mark Zuckerberg vowed to cut middle-managers and underperforming projects
Meta is undertaking a process known internally as “flattening,” asking many of its managers and directors to transition to individual contributor jobs or leave the company as it tries to become more efficient. Meta Chief Executive Officer Mark... — read more
The Register - Now IBM Watson Health, sorry, Merative decimates staff
And jobs shift offshore, says source "A spokesperson for Merative declined to comment, stating in an email, 'Merative does not discuss rumors. We are focused on investing in our six core product lines and aligning our organization with our... — read more
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