Topics regarding layoffs at IBM

Topics regarding layoffs at IBM

RA August 11

IF you got RA today, please list country and division.

Don't just complain and worry

If you're worried about being laid off, then do something about it. Too many people I know are constantly worried about possible layoffs but are doing nothing to prepare and make their situation better. People need to sit down, look at their options... — read more 

Toxic Teams

Are you on a toxic team? I am about to quit as my mgr is a passive agressive clown with no real tech bacground and no mentorship skills at all. The rest of the team licks boots - everyone lines up and follow this clown. People are funny and sad at... — read more 

Can't even resign without IBM drama,

I resigned for a new opportunity, basically got a don't let the door hit ya, which hey 18 years, fine. They then tell the client, Oh, we tried so hard to keep him. WTF? Client called me, told them they lied to you, now they are asking me what... — read more 

RA August 4

IF you got RA today, please list country and division.

Cost Controls and Growth - CPD - aka CrapPak

So the 2H mandate is Cost control above all else. Green dollars are the focus, but even blue dollars are under scrutiny. In Data and AI and Automation, new GM - Dinesh, and now a new VP of PM - Tarun from systems. The old VP of PM, Gilfix was from... — read more 

Layoff

Today IBM terminated all the people working on a certain project after telling them they wouldn’t do that until December. What a load of cr-p

It's no longer realistic to expect to retire here

The leadership has been working so hard to get rid of older employees - something that's been proven again and again but sadly with no consequences for them - that it's not safe anymore to think you'll be able to retire without issues even if you... — read more 

Totally messed up reputation

My subjective impression is that IBM can hardly have a worse reputation than it already has. I know people who have lost their jobs, but they don't think of IBM as an option at all, because they think that this company tends to obfuscate and... — read more 

IBM board probes claims of fudged sales figures

IBM's board of directors has started an investigation into claims that its sales numbers were manipulated, leading to executives securing big bonuses. If the board fails to take any action, it may face a lawsuit to claw back millions of dollars from... — read more 

How much will IBM add to this number?

Apparently, more than 32,000 workers in the U.S. tech sector have been laid off in mass job cuts so far this year. I'm kind of shocked that we're not included in that number yet but I have no doubts that our time will come sometime soon. I'm just... — read more 

Is IBM still a shithole?

They’re asking me to join their alumni network. Why would I join the alumni network of this cr----r?

Extra efforts on PIP

I hope I won't be put on PIP. What do you think, what percentage of employees who are placed on PIP actually survive them? Is it even worth making extra efforts to try to save the job, given that impossible goals serve to make it easier for IBM to... — read more 

RA July 28

Anyone got RA today? Or have been put on a PIP?

Watson spin-off finances

IBM published the official numbers yesterday 1,065 sale price 230 million booked profit 75 million health care loss 1,065 - 230 - 75 = 760 million of stranded costs https://www.theregister.com/2022/07/26/ibm_watson_health_profit/

Messages about recession

Hi all Current employee in consulting Want to share messages I received from my top leadership today (July 26) which is already in effect for Q3: Hiring freezes (no new employees and possible offers being rescinded) Contractors being reconsidered... — read more 

I'm not worried about RAs

This is why: IBM doesn't need to RA anymore... people are leaving in droves on their own to better jobs. Most development teams at IBM are suffering major losses in personnel which means product deliverables are getting delayed and impacted. The... — read more 

The leadership team is incompetent

The leadership team has been laying people off to meet profitability goals for years. That's it. They're a one-trick pony with no new or good ideas. All they know how to do is lay off more people - preferably those who are the highest earner to... — read more 

Don't count entirely on severance

There is some evidence that IBM is moving to a more PIP type of environment. If it’s measurable (sales, billable hours, utilization) IBM is encouraging PIP’s. If IBM is exiting a business (measurable or not measurable) then they tend to offer a... — read more 

Consulting industry focus

I am hearing rumors IBM Consulting will be focusing primarily on a limited number of verticals and deemphasizing other segments. I’m guessing they’ll focus on Banking, Retail, telecom, etc. and shed manufacturing, industrial, etc. Does anyone know? — read more 

What the current severance package like at IBM?

I have a warm offer from another company but I’m wondering if it is more lucrative for me to hang on, performing at a mediocre level, until Big Blue decides to terminate me. Any hints of exit packages look like? I’ve heard 1 month severance, 3... — read more 

Lane closures planned as walking bridge to come down as part of work on former IBM campus

https://www.pressconnects.com/story/news/local/2022/07/19/pedestrian-bridge-on-endicott-mckinley-avenue-set-for-demolition/65376962007/ Lane closures are planned on McKinley and Oak Hill avenues as a pedestrian overpass is coming down and a building... — read more 

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Post ID: @OP+1hOsjsTV

IBM Is Still Big Tech's Dog

From 247wallst. https://247wallst.com/services/2022/07/20/ibm-is-still-big-techs-dog/ "When International Business Machines Corp. (NYSE: IBM) posted its latest earnings, its stock did what it usually does after the announcement. It fell. " "IBM’s... — read more 

How secure do you feel your job is?

My performance is great, but I don't think it means anything anymore. Maybe I'm worrying too much, but I haven't felt any security here for a long time.

The stock is diving! A soft overlook...

IBM Stock Is Diving. A Soft Outlook Overshadows Strong Earnings. International Business Machines stock is getting clobbered on Tuesday, as the company’s complex financial forecast created some concerns about near-term financial... — read more 

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