3900 from the Kyndryl and Watson units?

Not sure how many of you were aware but IBM has returned to the standard industry practice of matching 401(k) contributions in each pay period instead of doing so at the end of the year... — read more 

I heard that consulting won't affected in this round of layoffs.

https://www.marketwatch.com/story/ibm-posts-biggest-annual-sales-increase-in-more-than-a-decade-announces-layoffs-11674682960?mod=home-page

Although I don't find the announcement a surprise, it's quite nerve wrecking because I don't know when I will find out if I am affected. Any insights about when these cuts will take effect?

They joined the tech party.

LOL

meaning ... Wall Street actually wants IBM to cut MORE! (Ouch! That's harsh) "It seems as if the market is disappointed by the size of its announced job cuts, which only amounted to 1.5% of its workforce," said Jesse Cohen, senior analyst at... — read more 

Any experienced folks here? When will RA notifications go out?

IBM to Cut About 3,900 Workers, Still Hiring in ‘Higher Growth’ Areas Company will cut about 1.5% of workforce, CFO Kavanaugh... — read more 

IBM layoffs 3900 announced... IBM's shares deep red after hours looks like Wallstreet isn't impressed with the results and outlook. When Google's announced layoffs its shares jumped...

IBM also said it would take a $300 million charge in the first quarter related to “stranded costs” connected with the company’s divestitures of Kyndryl (KD) and Watson Health. That is a careful way of saying the company will do a... — read more 

Right on cue ... https://finance.yahoo.com/video/ibm-tops-q4-earnings-while-212549297.html

ARMONK, N.Y., Jan. 25, 2023 /PRNewswire/ -- IBM (NYSE: IBM) today announced fourth-quarter 2022 earnings results. "Our solid fourth-quarter performance capped a year in which we grew revenue above our mid-single digit model. Clients in all... — read more 

All other tech companies have completed their purges. When is our 2023 RA? Who'll be affected the most?

How long do you think it will be between the earnings report and a RA announcement? The same day? A week? I highly doubt it will take longer than that. There was certainly enough hiring of younger employees in the last year or so who can be gotten... — read more 

Well it's that time of the Quarter again. Have your favorite booze-of-choice handy for Wednesday's Earnings Call, and have ONE shot (or swig) IMMEDIATELY upon hearing any of the following words / phrases: + "Currency headwind" + "Stranded... — read more 

As posted here previously, IBM sold IBM Watson Health in summer 2022 and the new stand-alone (non IBM) company is called Merative. How do we get a separate listing on layoffs.com for Merative so info on recent layoffs at Merative can be shared?

New tactic in IBM on the RA front. You will be told your job is eliminated in the position you hold, but you can look for other positions (never find one). Then your manager or upline will call and tell you that you need to submit your resignation... — read more 

Do you think this is legitimate and an actual chance to improve performance where needed, or is it just setting the groundwork for a layoff. What do you think about it, especially if you got a "Yes" for low performing.

https://newsroom.ibm.com/2022-11-09-IBM-Unveils-400-Qubit-Plus-Quantum-Processor-and-Next-Generation-IBM-Quantum-System-Two

How many Executives and C-suite occupants did IBM send to Davos? And how did they get there? Most assuredly, private corporate jet. As for CBDCs, IBM promoting shameless globalism, of... — read more 

"When I talk to people and ask them about their business, they seem to think their business is OK," C***, now the vice chairman of IBM, told Yahoo Finance Live at the WEF this week. "So everyone here seems to think the other person has a problem. My... — read more 

The analyst adds that he holds “a constructive view on IBM’s fundamentals despite an uncertain macro backdrop.” Sounds like this analyst is overpaid. . . https://www.barrons.com/articles/apple-stock-ibm-earnings-51673974072 By: Eric J... — read more 

https://www.theregister.com/2023/01/18/ibm_sued_securities_fraud "Literally, a cabal of the worst of the worst got in charge of IBM and destroyed its reputation," Cummings said.

https://www.reuters.com/technology/microsoft-cut-thousands-jobs-sky-news-2023-01-17/

I left IBM mid last year and I’ve since moved cities. How do I get my IBM W2 when it’s ready?

This place does not have moral values, the dinosaurs (I said it) are here to stay! This is the same in any region. The senior management cannot be trusted and those who are promoted knows how to work the venomous system. Looks like they’ve been... — read more 

Read this: https://www.marketwatch.com/story/airlines-back-more-spending-staff-to-fix-failed-faa-system-01673716741?cx_testId=22&cx_testVariant=cx_1&cx_artPos=1&mod=home-page-cx#cxrecs_s

https://www.theregister.com/2023/01/05/ibm_redeployment_orders/ Too many shady and sleezy people running this place! And too many people from one continent!

https://www.theregister.com/2023/01/12/ibm_aix_developer_jobs/

One thing I've noticed during my external (as re-deployed) search is that while we may bi--h reasonably about IBM health Insurance - it's decent. Our family is High Deductible due to family issues. while it's cash out of pocket until max's met -... — read more 

Posters here have mentioned that IBM spun out Kyndryl with the intention of buying another IT infrastructure buisness with a better structured workforce (in low cost labor markets). Last Thursday IBM released a memo in which they mention that they... — read more 

Movin' on up like George & Wheezy! https://accelerationeconomy.com/cloud-wars/oracle-sap-leapfrog-salesforce-in-cloud-wars-top-10-ibm-jumps-servicenow-falls/

https://www.bloomberg.com/news/articles/2023-01-06/ibm-loses-top-patent-spot-after-decades-as-ip-leader By: Brody Ford January 6, 2023 at 1:12 PM CST International Business Machines Corp. dropped from the top spot for US patents in 2022, the... — read more 

Rob T will now helm Software + Sales/Distribution for IBM. Rob will be the next CEO of IBM.

https://www.theregister.com/2023/01/05/ibm_redeployment_orders/

Another moonshot? https://www.phonearena.com/news/citizen-second-gen-cz-smart-smartwatch-official-features-nasa-ibm-watson-tech_id144623

Anyone familiar with the acronym "PIC" (possibly similar to "PIP" or "RA"). This is a new term being floated around lately, and I am curious in regard to its meaning. The context is from managers currently using it in preparation for upcoming... — read more 

Seeing so many people who started working at IBM before I did being laid off year after year, I realized the same thing is most likely going to happen to me as well. I'm in my early 50s and I like my job. I always thought this will be the last one... — read more