"Many International Business Machines Corporation (NYSE:IBM) insiders ditched their stock over the past year, which may be of interest to the company's shareholders" "Over the last year, we can see that the biggest insider sale was by the CFO and... — read more
IBM announces 3 day a week on-site work for F&O
Jim Kavanaugh just threw an announcement that all F&O employees must work from the office 3 days a week starting March 1st which is just a week away. His reasoning made absolutely no sense given the ridiculous amount of work done successfully during... — read more
No one is ever safe
However, if the layoffs were happening and someone was to make a survey Do you think you will be a target?, I think there would be many who would answer that hypothetical question with arguments of why they should not be cut. The reason for... — read more
Vela - IBM’s Supercomputer in the Cloud
https://research.ibm.com/blog/AI-supercomputer-Vela-GPU-cluster
Places With the Most Layoff Anxiety – 2023 Study
#4: Austin https://smartasset.com/data-studies/places-with-the-most-layoff-anxiety-2023
The Big One 2/23
15% shown the exit. 30 day notice 30 day severance Sorry but not sorry
IBM health benefits blackout leaves retirees footing the bill
To absolutely no one's surprise, more shenanigans with retiree benefits. https://www.theregister.com/2023/02/09/ibm_heath_benefits_plan_transition/
IBM Sues Former Thai Executive for Return of $470,000 Bonus
A $470K bonus to C-suiter!? Meanwhile worker bees can't even get a raise for years, nor their full rightfully earned sales commissions, let alone a measly bonus. And the irony of Big Bleu taking legal action to chase after money they say was... — read more
IBM says it's been running 'AI supercomputer' since May but chose now to tell the world
It is also notable that IBM chose to use x86 processors rather than its own Power 10 chips, especially as these were touted by Big Blue as being ideally suited for memory-intensive workloads such as large-model AI inferencing. The... — read more
IBM Canada dismissal won
Band 10 manager sued and won a lot more. https://torontosun.com/opinion/columnists/chaudhri-2023-starts-off-with-bang-as-employee-awarded-27-months-of-wrongful-dismissal-damages
IBM Paystub? (US)
Left IBM in Feb 2022. Does anyone know where or whom I need to contact to get my paystub? (I'm in the US)
IBM acquires GraphQL startup StepZen to step up its game in API management
A moment of silence for the soon-to-be-fallen compatriots at StepZen. https://techcrunch.com/2023/02/08/ibm-graphql/
IBM Software All Hands with Rob Thomas & Co
Want to get feedback from IBMers here... Have you watched Rob Thomas All Hands today? The segment with Rob, Dinesh and Kareem where Rob and Kareem make fun of Disnesh and beat the sh-t out of him... Wasn't that funny? I think Dinesh is done... — read more
Alleged PIP and GDP rumor
From anon: IBM management told to mark down 10% staff and move them onto a PIP and GDP will only be given out only to top... — read more
Job search
This is a question for those who were laid off but I know others are also looking for a way out so if you have any advice, it will be welcome. What are you utilizing in your job search? Are you using any platforms, apps or companies that can help... — read more
IBM’s ‘substantial’ dividend, debt take wind out of Big Blue’s sails as analyst downgrades stock
Preserving the dividend at all costs equates, in part, to more RAs in the future. Published: Feb. 6, 2023 at 3:05 p.m. ET... — read more
OpenText comments on IBM’s meritless claim against Micro Focus
https://blogs.opentext.com/opentext-comments-on-ibms-meritless-claim-against-micro-focus/ While the timing of IBM’s lawsuit was very curious (and transparent, in our view, as an act by a threatened competitor trying to disrupt OpenText), it did not... — read more
Go look somewhere else
No point to join IBM, you will get screwed. IBM no longer pays bonuses, raise are mostly none and work sucks. IBM is about to lay off 4000 people and it is only the start. IBM needs to bring down the number of employees worldwide by 50K this year to... — read more
Fraudulent claims by IBM (on Watson and AI, 2021)
https://www.rogerschank.com/fraudulent-claims-made-by-IBM-about-Watson-and-AI
Ibm laying off support center employees and sending jobs to Costa Rica
Some support center employees are being told to find another job. As many as 50 percent to 90 percent of those departments are being told this. By the way, those jobs are still needed, but now those jobs are being sent to Bulgaria and Costa Rica... — read more
Are they advancing re-deployment RAs?
My 2nd line I have a weekly meeting to discuss my status and progress with re-deployment job search. He is very helpful. He also mentioned that they're ramping up his reporting requirements saying they want re-deployment done - so why is it taking so... — read more
The IBM–Maersk blockchain effort was doomed to fail from the start
An interesting postmortem of another of Ginni's failed moonshots. https://cointelegraph.com/news/the-ibm-maersk-blockchain-effort-was-doomed-to-fail-from-the-start
Yes or No: Arvind Krishna is the Best IBM CEO of All Times
Vote - Yes or No: Arvind Krishna is the Best IBM CEO of All Times
The tech firms that are laying off workers will regret it because the cuts can leave lasting damage
IBM is the poster child for the effects of this lasting damage, as they've been experiencing it for... — read more
Is Platform Engineer a great role at IBM?
Should I apply for it? If I join, would Arvind sc--w me one day? I need opinion. https://www.linkedin.com/jobs/view/platform-engineer-at-ibm-3456599800/
IBM joins flood of tech layoffs — but says these cuts are different
IBM (NYSE: IBM) declined to say whether the layoffs impact Austin operations. Translation: there will be significant impact to the Austin operations. https://www.bizjournals.com/austin/news/2023/01/26/ibm-joins-flood-of-tech-layoffs.html By:... — read more
At least it's not just us who are nervous for a change
IBM, SAP staff in India nervous due to layoffs There is nervousness among employees in SAP and IBM in India. Both companies have announced layoffs globally. It's not clear how many in India will be affected, but some sources say it could be... — read more
4Q IBM
This is the only way they know to make the stock price go up. Lay off loyal American workers and replace them with folks from India. Fire workers in their 50's, get new hires and classify it as "technical vitality". This year I was screwed again with... — read more
So IBM is now a reseller for AWS?
I guess that's one way to make money... https://www.ciodive.com/news/IBM-hybrid-cloud-AI-strategy-growing-pains/641567/
Glad I've BEEN outta there!!!
I got cut way back in 2007. Best thing that ever happened to me. I got 4 months severance, my pension that they still had at the time and a nice cut from the overtime lawsuit. Never looked back. Looser company!
https://www.latimes.com/business/technology/story/2023-01-30/column-how-big-tech-is-using-mass-layoffs-to-bring-workers-to-heel
https://www.latimes.com/business/technology/story/2023-01-30/column-how-big-tech-is-using-mass-layoffs-to-bring-workers-to-heel
Don't Forget About the Redeployment
Don't forget that IBM 'redeployed' a bunch of people in December of2022.Those people have until the end of March to find a new job with in IBM. If they can't find a new job they are layed off.
Retiring end of March
After 22 years at IBM and another 19 years in various roles as an architect / developer / team leader as a customer and competitor, I decided to retire end of March. There were just too many things I no longer felt like tolerating anymore and I... — read more
Scope of layoffs
Don't get me wrong, I am not saying the number is low, however, I was surprised that the number of employees who will unfortunately lose their jobs is not much higher than 3,900. This sounds to me like it's just the beginning. I wonder what else... — read more
Cuts despite good results
I don't understand this at all. Company tops revenue estimates, but the leadership still decides to lay off employees. I would say it's just the leadership being greedy, nothing more.
I don't care
Let me rephrase that, I don't give a flying fu-k about IBM and whether I'm going to be kicked out or not. I'm too old to worry about the things I can't change and I'm also experienced enough to know I'll be okay no matter what happens. I can find... — read more
RA Thursday January 26
If you were RA today please let us know: a. Country b. Division c. Age
Were you laid off? WARN Act
The WARN Act requires an employer to notify employees, in writing, 60 days before a layoff, and pay the employee for those 60 days, in addition to any severance the employee may be entitled to. Unfortunately, some employers attempt to circumvent the... — read more
Did anybody NOT expect this?
Honestly?